Roisea Review: Why You Should Absolutely Avoid it
Roisea claims to be a legit forex and CFD broker operating within the European Economic Area, but that could not possibly be the case given the fact that the website has no legit forex license.
On top of that, they appear to be completely anonymous and are already blacklisted as a scam by the financial authorities in Belgium and Italy. This alone tells you that Roisea broker is nothing more than just another investment scam.
Read our Roisea review to learn more about this fraudulent broker and how they operate from the shadows.
Leverage | 1:10 |
Regulation | Unregulated |
Headquarters | UK |
Minimum Deposit | $5,000 |
Review Rating | 1/5 |
Broker Type | Forex and CFD |
Platforms | WebTrader |
Spread | FSMA, CONSOB |
Is Roisea Legit? Regulation and Fund Security
Honestly speaking, you are not protected at all when working with a Roisea broker. Yes, they do claim that you can trust them and that your security comes first, but after we tried to find anything that can back up their words, we found nothing.
In terms of regulation, they have none, so, we do recommend you stay away from this illicit broker and many others alike since they are nothing more than another online scam. They managed to get themselves blacklisted by FSMA and CONSOB. This alone tells you they are just another scam.
Trading Platform Offered at Roisea
Roisea promises a user-friendly trading platform, which however we were not able to access immediately. That platform was supposedly available in a desktop, mobile, and web version.
On top of that, we were also unable to open the web version of the software since the broker did not provide us with the details necessary for logging in. This is just another major red flag since legitimate and regulated brokers let you see their platform even without the deposit.
Scammers operating with the sole purpose of stealing your money will put little to no effort into their platform as there is no point because you will not be actually trading anything.
Available Trading Instruments at Roisea
When it comes to the trading instruments offered by Roisea, there is a bit of variety when it comes to the options. These options include the following:
- CFD
- Forex
- Cryptocurrencies
Overall since they are unregulated and unlicensed, it’s just for the best to stay away from them or any other scam brokers alike. They will only steal your money.
Account Types at Roisea
Roisea scam broker offers 5 different account types:
- Beginner – From $5,000 to $9,999
- Trader- From $10,000 to $24,999
- Expert- $25,000 to $49,999
- Vip- $50,000 to $99,999
- Exclusive- $100,000 and more
The only two differences between accounts is the amount of money you need to deposit into your account and the leverage they offer, which goes from 1:10 to 1:50.
All of them offer a dedicated account manager, 24/5 support, WebTrader, a mobile app, and 60+ FX pairs, metal, indices, and commodities.
How Do They Initiate The Scam?
Like many other fraudsters, such as Roisea you get a false sense of security. They promise you a lot of profits, the possibility to withdraw your money at any time, and much more.
Unfortunately, the reality is much different, since their main goal is to get as much money as possible from you and other people who have fallen victim to their scam. In case you have fallen victim to this illicit broker, there is no need to feel ashamed since scams can happen to anyone!
Getting your money back is possible and there is no need to feel embarrassed about reporting a scam!
Deposit and Withdrawal Methods
We have mentioned that we were unable to even see the platform since the broker didn’t provide us with the login details. Because of that, we were also unable to make an official deposit but we did see they offer the standard deposit methods. Those include the following:
- Visa or Master credit or debit card
- Wire transfers
Overall, it’s not a big variety of options you can choose from. Either way, it’s just best to avoid dealing with this type of broker altogether.
Reliable Forex Brokers
Trading isn’t easy, especially for someone who is just starting out, but that certainly doesn’t mean you should just give up. To make your path to financial freedom easier we prepared a table you can see down below.
We included the most important information about these regulated and trusted brokers like country, minimum deposit, and their rating. Also, all of these brokers haven’t violated any terms or conditions so you can be sure your money is safe.
Broker | Country, | Rating | Min. Deposit | Website |
FXTM Broker | Cyprus, UK, Mauritius | 4.5 | $10 | Forextime.Com |
OctaFX Broker | Cyprus, SVG | 4.4 | $100 | OctaFX.Com |
FP Markets Broker | Australia, Cyprus | 4.7 | $100 | FpMarkets.Com |
XM Broker | Cyprus, Belize, Australia | 4.7 | $5 | XM.Com |
HFM HF Markets Broker | Cyprus, UK, South Africa, UAE, Kenya | 4.3 | $5 | HFM.Com |
FBS Broker | Cyprus, Belize, Marshall Islands | 4.85 | $100 | FBS.Com |
Roisea Summary
Roisea is yet another broker scam trying to look legit and lure in clients from all over the world. They allegedly offer forex and CFD trading but in reality, you will likely not even be able to access the platform. Roisea also managed to get blacklisted by FSMA and CONSOB.
This alone tells you that the broker is nothing more than just a major red flag that you should stay away from. Don’t fall victim to their empty stories and big lies. Always read the reviews before investing your money.
FAQs About Roisea Broker
What Are the Funding Methods for Roisea?
Two funding methods Roisea scam offers are credit or debit cards and wire transfers.
Is Roisea Regulated?
No, Roisea broker isn’t regulated for providing any trading services so you should avoid doing business with them at all costs.
How Long Does it Take to Withdraw from Roisea?
According to their website, you should be able to get your money within 3 to 5 business days.