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/10

Royal

The Virgin Islands The Virgin Islands | 2-5 years |
ECN Account Suspicious Regulatory License | Self-developed | Suspicious Scope of Business | High potential risk

https://www.royal-tradingcorp.com/

Website

Rating Index

Contact

https://www.royal-tradingcorp.com/
3th Floor Ellen Skelton Building 3076 Sir Francis Drake Highway Road Town, Tortola British Virgin Islands VG1110.

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
The Virgin Islands
Operating Period
2-5 years
Company Name
ROYAL TRADING CORP LIMITED
Address
3th Floor Ellen Skelton Building 3076 Sir Francis Drake Highway Road Town, Tortola British Virgin Islands VG1110.
Account Info
Related Personnel
Verified Site
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MT4/5

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Official Website

Verified Site

  • royal-tradingcorp.com
    18.138.122.237
    Server Location
    Singapore Singapore
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

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Royal

Related Companies

ROYAL TRADING CORP LIMITED(Hong Kong)
Hong Kong
ROYAL TRADING CORP LIMITED(Hong Kong)
Active
Hong Kong
Registration No.2919095
Est. Date
SourceWebsite Announcement

Company Profile

Company Profile

Review summary

ROYAL TRADINGReview Summary
Founded2020-03-05
Registered Country/RegionHong Kong
RegulationSuspicious Clone
Market InstrumentsForex, Commodity, Indices, Stocks, and Cryptocurrencies
Demo Account
LeverageUp to 1:1000
SpreadFrom 0.6 pip(On All Majors)
Trading PlatformMT5(iOS, Android, and Web)
Min Deposit$20
Customer SupportPhone: +852 81209280
Email:cs@royal-tradingcorp.cominfo@royal-tradingcorp.com
Live Chat

ROYAL TRADING Information

ROYAL TRADING is a broker providing various tradable instruments, including forex, commodities, indices, stocks, and cryptocurrencies. Thebroker has different account types with a maximum leverage of 1:1000, such as ECN, High Leverage, and Islamic. The minimum spread is 0.6 pip and the minimum deposit is $20. ROYAL TRADING is still risky due to its Suspicious Clone status, high leverage, and bad reviews about difficulty withdrawing money.

ROYAL TRADING Information

Pros and Cons

Pros Cons
Leverage up to 1:1000Suspicious Clone
Spread from 0.6 pipBad reviews: Difficult to withdraw money
MT5 available
Demo account available
Various tradable instruments: forex, commodity, indices, etc.

Is ROYAL TRADING Legit?

Regulated brokers are safer than unregulated brokers, but risks are inevitable. ROYAL TRADING is unsafe with Suspicious Clone, even though the broker claims to be regulated by ASIC and VFSC. In addition, some ROYAL TRADING traders said that it is difficult to withdraw funds.

Is ROYAL TRADING Legit?
Is ROYAL TRADING Legit?
Is ROYAL TRADING Legit?
Is ROYAL TRADING Legit?

What Can I Trade on ROYAL TRADING?

ROYAL TRADING provides forex, commodities, indices, stocks, and cryptocurrencies.

Tradable Instruments Supported
Forex
Commodities
Indices
Stocks
Cryptocurrencies
Bonds
Mutual Funds
What Can I Trade on ROYAL TRADING?

Account Type

ROYAL TRADING provides three types of accounts: ECN, High Leverage, and Islamic Account. Traders with less than $1000 can choose a High Leverage account, which offers leverage up to 1:1000 and spreads starting from 1.0 pip. Investors who prefer low leverage and tight spreads can choose ECN and Islamic Account.

Account Type ECNHigh LeverageIslamic
Leverage1:100/1:2001:10001:100/1:200
Minimum Deposit$50$50$50
Negative Balance ProtectionYesYesYes
Spread On All MajorsAs low as 0.6 pipAs low as 1.0 pipAs low as 0.6 pip
CommissionNoNoYes
Overnight interestCharge or payCharge or payNone
Account Type
Account Type

ROYAL TRADING Fees

The spread is from 0.6 pip and the commission is free. ROYAL TRADING charges swap fees.

Overnight Interest = Settlement Price x Contract Size x Lot Size (Long /Short) x Days x Overnight Interest Rate (Long /Short) ÷ 360

ROYAL TRADING Fees

Leverage

The maximum leverage is 1:1000, which means that profits and losses are magnified 1000 times.

Trading Platform

ROYAL TRADING has an authoritative MT5 trading platform and traders can choose different versions, such as iOS, Android, and Web to trade. Compared with MT4, experienced traders prefer MT5.

Trading PlatformSupported Available Devices
MT5iOS, Android, and Web
Trading Platform

Deposit and Withdrawal

The minimum deposit is $20. ROYAL TRADING charges investors withdrawal fees starting at 0 and provides multiple deposit and withdrawal methods, including Debit Cards, Bank Accounts, and Cryptocurrency.

Deposit and Withdrawal
Deposit and Withdrawal
Deposit and Withdrawal

Customer Support Options

ROYAL TRADING provides 24/7 support and traders can contact via phone, email, and live chat.

Contact Options Details
Phone +852 81209280
Email cs@royal-tradingcorp.cominfo@royal-tradingcorp.com
Live Chat
Supported Language English
Website Language English
Physical Address 3rd Floor Ellen Skelton Building 3076 Sir Francis Drake Highway Road Town, Tortola British Virgin Islands VG1110.
Customer Support Options
Customer Support Options

Company Profile

  • 2-5 years
  • Suspicious Regulatory License
  • Self-developed
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

How safe is trading with Royal?

ROYAL TRADING CORP LIMITED is an unregulated entity that presents a severe risk warning, underscored by its WikiFX risk score of 1.56. The absence of credible oversight from recognized financial authorities substantially elevates the risks associated with fund security and dispute resolution. For traders who accept this level of risk, the broker's account offerings include a 50 USD minimum deposit and leverage up to 1:1000.

04-02
United States

What is the regulatory status of Royal?

Royal does not hold any verified regulatory licenses from recognized authorities such as the ASIC or VFSC. All listed authorizations associated with the broker are officially marked as 'Unverified,' indicating a lack of active or legitimate oversight. As a result, the broker operates without credible mainstream regulation.

04-02
United States

Where is Royal registered?

ROYAL TRADING CORP LIMITED is registered in The Virgin Islands. The broker has been operating for 2-5 years. Its business scope is listed as 'Suspicious Scope of Business,' which, combined with its unverified regulatory status, warrants thorough due diligence from any prospective trader.

04-02
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

04-02
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

04-02
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
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