The Cyprus regulator settled with Royal Forex, the company behind the retail broker ROInvesting, not once but twice — first for 270 thousand euro and then for 120 thousand — before the firm handed back its Cyprus licence altogether. The Royal Forex CySEC settlements describe a broker that repeatedly resolved cases with its regulator and then left the regime.
The Cyprus Securities and Exchange Commission first reached a 270 thousand euro settlement with Royal Forex Ltd in October 2020 over possible violations of Cyprus regulatory rules. Later it reached a further 120 thousand euro settlement with the same firm for any violation or possible violation of the local regulations. After the second settlement, Royal Forex and its ROInvesting brand renounced the Cyprus licence, and the authorisation was withdrawn.
Two Settlements Is a Pattern
One settlement can be explained away as a historical matter resolved and moved past. Two settlements with the same regulator, for substantial sums, is a pattern that is much harder to dismiss. It means the concerns did not end with the first resolution, and that the regulator had cause to open and settle a second case. When a broker appears twice in the settlement column, the more useful conclusion is not that each matter was closed, but that the firm kept returning.
The amounts here are not trivial either. A 270 thousand euro settlement followed by a 120 thousand euro one totals close to 400 thousand euro paid to resolve regulatory concerns. That is a meaningful sum for a retail broker, and it reflects cases the regulator considered worth pursuing to settlement rather than waving through. Settlements avoid a full public finding of liability, which is often why firms accept them, but the money changing hands is real, and so are the concerns behind it.
Fined Twice, Then Gone
The ending is the familiar one. After the second settlement, Royal Forex renounced its Cyprus licence and ROInvesting left the regulated European system. The pattern — repeated settlements followed by a departure — mirrors other troubled firms in this market. For the clients who used ROInvesting, the European protections tied to the Cyprus licence are gone, and the entity behind the brand has exited the regime that had twice had cause to settle with it.
The Royal Forex story is a clear example of why a single settlement should never be read alone. Taken one at a time, each of these cases could be described as a historical matter resolved. Taken together, and followed by the surrender of the licence, they describe a broker that repeatedly fell short and then left. A prospective client who checked only one settlement, or only the brand, would have missed the shape of it. The full record — two settlements and an exit — is the one that matters.
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Two Settlements, Close to 400,000 Euro, Then a Licence Handed Back
Two settlements with CySEC — 270 thousand euro and then 120 thousand, close to 400 thousand euro in total — and then a licence handed back. That is the Royal Forex record behind the ROInvesting brand.
A single settlement can be brushed off as a resolved historical matter. Two, for substantial sums, is a firm that kept returning to its regulator, and the exit that followed is the natural end of that story. Settlements avoid a full finding of liability, but the money is real and so are the concerns.
For a trader, the lesson is to read the whole file, because one settlement understates a broker that was actually settling twice on the way out the door.
About the Company
About ROInvesting
Regulator
CySEC (Cyprus) — licence renounced
Operator
Royal Forex Ltd
Action Type
Two Settlements Then Licence Renunciation
Penalties
EUR 270,000 + EUR 120,000
Royal Forex Ltd was a Cyprus investment firm that operated the retail forex and CFD broker ROInvesting, supervised by the Cyprus Securities and Exchange Commission. In October 2020 CySEC reached a 270 thousand euro settlement with the firm over possible regulatory violations, and later reached a further 120 thousand euro settlement. After the second settlement, Royal Forex and ROInvesting renounced the Cyprus licence, which was withdrawn.
Frequently Asked Questions
Is ROInvesting still regulated?
No. Royal Forex, the operator of ROInvesting, renounced its Cyprus licence after two CySEC settlements, so ROInvesting is no longer a regulated Cyprus broker.
How many times did Royal Forex settle with CySEC?
Twice: a 270 thousand euro settlement in October 2020 and a further 120 thousand euro settlement later, over possible regulatory violations.
Why did ROInvesting lose its licence?
After the second settlement, Royal Forex renounced its Cyprus licence and the authorisation was withdrawn, ending ROInvesting's regulated status.
Is ROInvesting safe for traders?
No. Its operator settled with CySEC twice and then left the regime. Compare active, regulated brokers in our Best Forex Brokers in 2026 ranking.
Editor's note & source: Factual points are drawn from the CySEC public decisions register. This article is not legal advice. Last updated: 19 August 2026.