Oinvest Review South Africa – Pros & Cons Revealed (2025)

This Oinvest review conducted in South Africa shows that Oinvest is a market maker broker who was founded in 2012 and established in 2019 and is headquartered in Durban, South Africa. They have expanded quite rapidly in recent years and even though they are a market maker brokerage they offer tight spreads and high leverage.

SAFE OR SCAM?

One of the best benchmarks to measure the safety of a broker like Oinvest, is to establish which regulating authorities are watchdogs over its actions.

Oinvest is regulated by the FSCA (Financial Sector Conduct Authority).

OINVEST REVIEW OF PRO AND CONS

LEVERAGE

Leverage is a facility that enables you to get a much larger exposure to the market you are trading than the amount you deposited to open the trade. Leveraged products, such as forex trading, magnify your potential profit – but also increase your potential loss.

Leverage amount is expressed as a ratio, for instance 50:1, 100:1, or 500:1. Assuming that you have $1,000 in your trading account and you trade ticket sizes of 500,000 USD/JPY, your leverage will equate 500:1.

Margin is the amount of collateral to cover any credit risks that may arise during your trading operations. It is expressed as the percentage of position size (e.g. 5% or 1%), and you have to have funds in your trading account to ensure sufficient margin.

For example, on a 1% margin a position of $1,000,000 will require a deposit of $10,000. The margin level in a trading account needs to be equal or more than 100% to be able to open new trades, otherwise your trading account will be fully hedged.

Oinvest offers a maximum leverage ratio of 1:400.

ACCOUNTS

A forex account at Oinvest is a trading account that you will hold and that will work similarly to your bank account, but with the difference that it is primarily issued with the purpose of trading on currencies.

Forex Islamic accounts are also known as swap-free accounts as they imply no swap or rollover interest on overnight positions, which is against Islamic faith.

Often, the number and type of accounts that a trader can open with a broker company differs depending on the country in which it operates and the regulation authorities under whose jurisdiction it falls.

Oinvest offers the following types of accounts:

• Silver Account – this account type is aimed at beginners, there is no minimum deposit requirement, spreads from 2.2 pips and a maximum leverage of 200:1
• Gold Account – this account type is aimed at traders who have a little more experience with forex trading.

There is a minimum deposit requirement of 250 USD, spreads from 1.3 pips and a maximum leverage of 400:1, you be given a dedicated account manager and a swap discount of 25%.

• Platinum Account – this account type is aimed at more advanced traders who have plenty experience trading with forex.

There is a minimum deposit requirement of 250 USD, spreads from 0.7pips and a maximum leverage of 400:1. A free VPS service is also offered as well as a swap discount of 50%.

MARKET INSTRUMENTS

The most popular market instruments available from most brokers for trading include:

Forex

Forex trading describes the currency exchange market which refers to the global, decentralised marketplace where individuals, companies and financial institutions exchange currencies for one another at floating rates.

Commodities

Commodity markets offer many investment opportunities for traders. Soft commodities have been traded for centuries and plays a major role in portfolio diversification and risk management.

Investing in contract-based tradable goods is a reliable way to mitigate risk during times of economic uncertainty.

Indices

Equity, or stock indices, are actual stock market indexes which measure the value of a specific section of a stock market. They can represent a specific stock market or a specific set of the largest companies of a nation.

Precious metals

The trading of gold and other precious metals, along with crude oil, copper or petroleum, are hard commodities that play a major role in the commodities market and are contract-based tradable goods.

Energy

The typical feature of energy prices is high volatility due to the influence of political and environmental factors, supply and demand, extreme weather conditions and global economic growth.

Oinvest offers the following

• Over 50 currency pairs including cryptocurrencies
• 10 commodities
• Indices and Stock CFDs

FEES

Cost depends on different factors, like spread and margins, and Oinvest clients may also experience different fee structures according to their country or place of residence.

The spread of a currency pair is the difference between the bid and the ask rate. A pip represents the smallest increment that an exchange rate can move.

Margin is the amount of money required in your account in order to open a position. Margin is calculated based on the current price of the base currency against USD, the size (volume) of the position and the leverage applied to your trading account.

Oinvest offers all three account types about 50 currency pairs available for trade, spreads range from 0.7 pips in the Platinum Account for EUR/USD to 3.1pips in the Silver Account for NZD/USD. Oinvest does not charge commission per trade

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DEPOSIT AND WITHDRAWAL

Accounts usually require a certain minimum initial deposit, which can be paid in several ways. Withdrawals can usually be done with the same ways, but sometimes differ.

In the case of Oinvest the following methods and minimum deposits are required:

• Visa
• Mastercard/ Maestro
• Skrill
• Neteller
• V Pay
• Wire Transfer

There are no withdrawal fees charged, however, withdrawals can take up to seven business days.

TRADING PLATFORMS

The forex trading platform provided by Oinvest to its clients is in essence the software to carry out their trades. Some brokers provide only one, others quite a few platforms.

A multi-asset trading platform is one that allows clients to trade forex as well as other asset classes. The decision about which platform to choose will usually depend on what a client would like to trade.

Oinvest provides the following trading platforms:

• MetaTrader4
• MetaTrader4 Mobile

HOW TO OPEN AN ACCOUNT

Similarly to a bank, to register a forex trading account with Oinvest for the first time, you will be required to go through a basic “know your customer” process.

This will allow Oinvest to ascertain that your submitted details and ensure the safety of your funds and account details.

With Oinvest the process entails logging onto their website, filling out a few basic questions and submitting documents such as your ID, proof of residence etc., once you have made a deposit, you then wait for account to go live and start trading.

CUSTOMER SUPPORT

Potential traders need to make sure the broker company they chose will offer sufficient support whenever they need it.

In the case of Oinvest customers can reach the support team via phone, email and live chat five days a week from 10am-8pm GMT

EDUCATION

Before starting to trade, potential clients of Oinvest should avail themselves of all possible information and trading skills needed to be successful in the world of forex and commodity trading.

Oinvest separates their educational material into three categories; the basics, next level trading and learn by asset.

There are videos, eBooks, tutorials and webinars, you can only access this material if you are an account holder. In addition to these three sections, there is also a small selection of courses for new traders and a few short articles on major themes in the local Forex industry.

RESEARCH

To be able to trade with confidence, traders should do as much as possible research about this kind of speculative trading before commencing, but also preceding every daring deal to ensure that they don’t lose money unnecessarily and trade as profitable as possible.

Oinvest doesn’t offer any of their own advanced trading tools, however since you are trading with MetaTrader4 you will have access to broad technical analysis and easy execution orders as well as ability to open trades directly from the built-in tick chart.

AWARDS

Being an awarded company instils extra confidence by traders.  Oinvest can show several awards accumulated during its years in business, including the following:

• 2018 Global Brands Magazine – Best Multi Asset Broker South Africa
• 2018 Global Brands Magazine – Fastest Growing Forex Provider South Africa
• 2019 Forex Awards – Best Forex Broker Africa

CONCLUSION

Oinvest can be described as a company that offers a decent variety of trading assets, good educational material, especially for beginners and a powerful platform like MetaTrader4 which has no doubt contributed to their exponential growth.

Being regulated by the FSCA means they adhere to strict trading regulations which is a big plus for a new broker.

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DISCLAIMER

Oinvest warns potential customers that Forex and CFDs trading always carries a high risk and may not be suitable for all investors.

Before deciding to trade with Oinvest, potential traders are advised to carefully consider their investment objectives, financial situation, needs and level of experience before investing money they cannot afford to lose.

Oinvest warns that margin trading involves the potential for profit as well as the risk of loss and that movements in the price of foreign exchange and commodities are very unpredictable.

Oinvest cannot guarantee a maximum loss that a trader may suffer, according to research in South Africa.

Frequently asked questions

TRADING ENVIRONMENT

How many instruments can I trade with Oinvest?

You can trade several different instruments with Oinvest, which include the following:

• Over 50 currency pairs including cryptocurrencies
• 10 commodities
• Indices and Stock CFDs

Which platforms are supported by Oinvest?

Oinvest provides the following popular trading platforms:

• MetaTrader4
• MetaTrader4 Mobile

Does Oinvest offer leverage?

Yes, Oinvest offers a maximum leverage of 1:400

What spreads can I expect with Oinvest?

Oinvest offers spreads that range from 0.7 pips in the Platinum Account for EUR/USD to 3.1pips in the Silver Account for NZD/USD. Oinvest does not charge commission per trade

If details on the website is not comprehensive, more information can be obtained from the customer support service.

Does Oinvest charge commission?

No, more information on commissions can be obtained from the customer support service.

Is Oinvest regulated?

Yes, Oinvest is regulated by FSCA (Financial Sector Conduct Authority)

Is Oinvest a recommended forex trading broker for experts and beginners?

Oinvest offers a fair-trading environment for all types of traders/beginners/experienced traders.

What is the overall rating out of 10 for Oinvest?

9/10

ACCOUNTS

What is the difference between a demo and live trading account?

A demo account is offered by broker companies and funded with virtual money that enables a prospective customer to experiment with the company’s trading platforms and its features, before setting up a real account funded with the customers actual money.

Does Oinvest offer a demo account?

Yes

How long is the demo account valid?

The demo account can be used for a maximum of 30 days

Which live trading accounts does Oinvest offer?

• Silver Account
• Gold Account
• Platinum Account

What are the available deposit currencies for a live trading account?

USD, ZAR, EUR

DEPOSITS AND WITHDRAWALS

What is the minimum deposit for Oinvest?

There is no minimum deposit requirement

How do you make a deposit and withdrawal with Oinvest?

Oinvest offers the following deposit and withdrawal methods:

• Visa
• Mastercard/ Maestro
• Skrill
• Neteller
• V Pay
• Wire Transfer

Withdrawals can be done via:

• Visa
• Mastercard/ Maestro
• Skrill
• Neteller
• V Pay
• Wire Transfer

Does Oinvest charge withdrawal fees?

No, but fees from financial institution may apply

How long does it take to make a withdrawal?

Withdrawals usually takes up to seven working days.