Score
ROITEKS
https://www.roiteks.com/
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Forex License
No forex trading license found. Please be aware of the risks.
- This broker has been the subject of a public disclosure by Financial Conduct Authority. Please be aware of the risk.
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Verified Site
roiteks.com
172.67.154.225Server LocationUnited States
ICP Registration No.--Top Visitor LocationsSouth Africa
Creation Date2016-09-07Website NameWHOIS.GODADDY.COMCompanyGODADDY.COM, LLC
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Company Profile
Company Profile
Review summary
General Information & Regulation
Roiteks is owned and operated by Green Oak LTD, a Bulgaria based company, a subsidiary of Vantu Capital LTD, which on its part is registered on the Marshall Islands. Unfortunately, the company is not regulated neither in Bulgaria, nor by any of the well-respected financial authorities.
Markets Instruments
ROITEKS offering 28 forex pairs with several exotic currencies like Russian Ruble, South African Rand, Swedish Krona, Norwegian Krone and Danish Krone, as well as a variety of CFDs on commodities like coffee and oil, precious metals, including silver gold and platinum, 8 major indices, stocks and 47 crypto coins, among which Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, USD Tether, Monero, Dash, Ripple, Zcash, Golem, Lisk, OmiseGO and NEM.
Minimum Deposit
The minimum deposit requirement is set at 250 USD, which is acceptable for most regular traders.
Micro Trade Size
The minimum trade size allowed by Roiteks is 0.01 lot, which is quite friendly to beginners.
Leverage
The default leverage offered by Roiteks is 50:1, which is a little conservative. However, since leverage can amplify gains as well as losses, inexperienced traders are not advised to use too high leverage.
Spreads & Commissions
Spreads, as tested with a demo account on their web-based trading platform, were quite attractive. The benchmark EURUSD spread fluctuated between 0,4 and 0,5 pips. Still, because the broker is unregulated, this is too low to be true.
Trading Platform Available
When it comes to trading platform available, what Roiteks offers is a proprietary platform, not the industry recognized MT4 or MT5 trading platform.
Deposit& Withdrawal
Currently the only payment methods accepted by Roiteks are credit cards like VISA and MasterCard and bank wire.
Company Profile
- 5-10 years
- Questionable Regulatory License
- Suspicious Operational Region
- High Potential Risk
Disclosure
investor alert list Green Oak Ltd ASIC advises this company could be involved in a scam
Country / Region
AU ASIC
Disclosure Date
2023-09-26
Broker Disclosures
investor alert list Roiteks ASIC advises this company could be involved in a scam
Country / Region
AU ASIC
Disclosure Date
2023-02-23
Broker Disclosures
investor alert listRoiteks
Country / Region
AU ASIC
Disclosure Date
2023-01-01
Broker Disclosures
Investor Alert List
Country / Region
SG MAS
Disclosure Date
2018-12-11
Broker Disclosures
Roiteks (otherwise known as Green Oak Limited)
Country / Region
NZ FMA
Disclosure Date
2018-07-23
Broker Disclosures
Roiteks (otherwise known as Green Oak Limited)
Country / Region
NZ FMA
Disclosure Date
2018-07-23
Broker Disclosures
Roiteks (otherwise known as Green Oak Limited)
Country / Region
NZ FMA
Disclosure Date
2018-07-23
Broker Disclosures
FCA Warning List of unauthorised firms Green Oak Limited t/a Roiteks
Country / Region
UK FCA
Disclosure Date
2018-03-08
Broker Disclosures
Wiki Q&A
Is ROITEKS safe and reliable?
Based on WikiFX data, ROITEKS holds a core score of 1.27, which is considered very low. The broker is not regulated by any authoritative financial authority, meaning it operates without credible oversight. This combination of a low score and lack of regulation indicates a high-risk profile. Traders should exercise extreme caution.
Is ROITEKS regulated?
No, ROITEKS is not regulated. According to WikiFX data, the broker holds no valid forex trading licenses from any recognized regulatory body. It is classified as an unregulated entity.
What is the minimum deposit of ROITEKS?
The minimum deposit for ROITEKS is not publicly disclosed. WikiFX assessment indicates that the broker does not provide specific account opening details, including minimum deposit requirements.
Does ROITEKS support MT4 or MT5?
There is no publicly available information regarding whether ROITEKS supports MetaTrader 4 or MetaTrader 5. The broker's trading platform details are not disclosed.
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Risk Warning
This broker is disclosed by Financial Conduct Authority. Please be aware of risks.



