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/10

Royal

The Virgin Islands The Virgin Islands | 2-5 years |
ECN Account Questionable Regulatory License | Self-developed | Suspicious Operational Region | 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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Comment
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
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    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
Source Official Statement

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
  • Questionable Regulatory License
  • Self-developed
  • Suspicious Operational Region
  • 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

¿Es posible recuperar fondos tras un fraude de inversión?

La recuperación de fondos tras un fraude de inversión puede resultar difícil, pero tomar medidas oportunas puede ayudar a recuperar parte de las pérdidas. Se recomienda conservar registros de transacciones y comunicaciones relevantes, contactar con el banco para intentar detener o congelar los pagos y presentar una denuncia ante las autoridades competentes. Además, los inversores pueden utilizar los canales de reclamación pública de WikiFX para aumentar la visibilidad del problema.

In a week

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States

Bagaimana cara mengidentifikasi broker dengan profil risiko tinggi?

Broker dapat dinilai memiliki profil risiko tinggi dengan mempertimbangkan status regulasi, keluhan pengguna, keamanan dana, serta konsistensi informasi publik yang tersedia. Broker tanpa regulasi valid, yang sering mengalami masalah penarikan dana, atau memiliki banyak keluhan pengguna biasanya menunjukkan tingkat risiko yang lebih tinggi. Informasi tersebut dapat diperiksa melalui WikiFX untuk membantu evaluasi secara lebih komprehensif.

In a week

Apakah dana masih dapat dipulihkan setelah terjadi penipuan investasi?

Pemulihan dana setelah terjadi penipuan investasi dapat menjadi proses yang sulit, namun tindakan cepat dapat membantu mengurangi potensi kerugian. Disarankan untuk menyimpan catatan transaksi dan komunikasi, menghubungi pihak bank untuk mencoba menghentikan atau membekukan pembayaran, serta melaporkan kejadian kepada otoritas setempat. Investor juga dapat menggunakan kanal pengaduan di WikiFX untuk meningkatkan visibilitas kasus.

In a week

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
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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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