Roiteks is a relatively new FX trading broker, but their founders have decades of experience navigating the financial markets, and seeing as how they already serve clients in over 70 countries around the world, it's safe to say Roiteks.com is on the rise.
Roiteks has offices in London and in Seychelles, where they are regulated. What I personally like about Roiteks is the fact that they make education - more specifically the importance of building capital - a top priority.
To open an account, Roiteks requires a $250 initial deposit and allows a minimum investment amount of $10 per trade. Unfortunately they only accept three types of currencies for deposits: USD, EUR, and GBP.
Roiteks offers over 150 trading assets covering various currency pairs, stocks, commodities and indices. On their trading floor they utilize the popular SpotOption platform for executing trades.
As with any FX broker using the SpotOption platform, Roiteks is able to offer four types of FX contracts, including high or low, one touch, range and hyper options. Long term contracts with expiry times lasting several days are only offered on high or low options. The payout returns for Roiteks options range from 65% to 89%.
The design is clear, easy to use, has fast loading speeds, and it's easy to navigate to any of their 150 offered assets without experiencing any glitches or interruptions. This is great because a number of brokers have a problem with price slippage on their platforms, price slippage can severely impact your trading performance and profits.
While Roiteks is nowhere near to becoming the number one FX broker in the world, they are definitely a nice alternative option for traders looking for a new broker who offers variety and promotes trading education. Roiteks is a decent broker with something to offer the right investor.