Rogerfin Review: Investing your money in the foreign exchange market is a risky but profitable venture. The way traders using this platform are being treated has trended on the internet. Their major problem was their inability to withdraw funds.
Don’t be fooled by their enticing website, Rogerfin is not what it claims to be. Read our review to find out why.
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What is Rogerfin?
rogerfin.com is the website of a Forex broker that is based in Europe but its particular address is not stated on its website. It was created on 12th December 2019 and presents itself as one of Europe’s best brokerage, offering four different account types, a leverage of 500:1, around 250 trading tools and instead of MetaTrader trading platform, They offer Activ8 trading platform.
What Rogerfin Say They Offer
This brokerage claims to provide a perform where traders can safely trade in Forex, commodities, share prices, cryptocurrencies and index. Their mission is to provide a quality and effective trading platform, where frequently updated information is provided, to enable traders carry out transactions safely and securely.
Rogerfin claims to offer various types of trading accounts, tools and features that enable individual traders and institutional traders to trade Forex and CFDs online.
They also claim to have provision for a Strategy Center which will assist traders to develop strategies and techniques which will definitely increase the chances of becoming a successful trader.
Rogerfin Trading Software
Rogerfin offers its users Activ8 and web trader. Despite what rogerfin.com says, these platforms lack stability and efficiency. It has no firewalls or security features to prevent the theft of your personal and financial details. There also is, the unsettling lack of demo accounts.
RogerFin Withdrawal and Deposit Methods & Fees
, This brokerage’s the minimum deposit requirement is 500 USD. Their payment methods were not clearly stated, but we are of the opinion, that the common mediums like Visa, MasterCard, Skrill and the rest, are acceptable.
There is a fee of 3$30 on every withdraw you request for and a commission for any money transaction whether withdrawal or deposit. Its specificity was not stated. Rogerfin also charges dormant accounts $100 every three months.
Is Rogerfin Licensed?
No. We discovered that this brokerage has no company name, address or contact medium and therefore, is anonymous. There is no evidence of license and it is not recognized by any regulatory body.
However, FCA has issued a warning concerning Rogerfin, labeling the brokerage, a scam:
We find Rogerfin lacking in this regard.
Based on our investigation, we don’t think that Rogerfin is safe for traders to invest in. They are not licensed or regulated by any approved authority. Trading with them amounts to a high level of risk, one that we see as unnecessary.
COMPARE WITH A TRUSTED BROKER
Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices, and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK well as ASIC in Australia which makes client funds safe. They accept traders worldwide..visit their official website
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- High minimum deposit amount.
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