Opinions and information about the Royal Trades broker
¿It is the really reliable Royal Trades broker (aka royal-trades.com)? Is it safe for you to invest your money with this company? In this section we will analyze the company and its reputation as such on the internet.
Do you want to give us a hand and help inform about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to rate the company according to their experience with it.
The Royal Trades broker is a broker of: Forex and CFDs.
The broker mentions to be part of: Royal Trades.
Royal Trades is based in: UK, (this may not be true as it is not regulated there as it should).
If we talk about regulation, the broker Royal Trades mentions being regulated, but it is completely false as it is not registered with FCA (British financial authority).
We will continue to analyze the different account types that Royal Trades offers. In the case of Royal Trades we note that it has 4 different plans or types of account: Standard Account, Gold Account, Premium Account and Platinum Account.
Standard Account: minimum initial deposit of € 1.000, spreads from 1.8 points, leverage up to 1: 1000, bonus up to 50%, customer service 5/7, personal account manager.
Gold Account: minimum initial deposit of € 5.000, spreads from 1.6 points, leverage up to 1: 1000, bonus up to 50%, customer service 5/7, personal account manager, trading signals.
Premium account: minimum initial deposit of € 10.000, spreads from 1.2 points, leverage up to 1: 1000, bonus up to 50%, customer service 5/7, personal account manager, trading signals, strategy and technical indicators.
Platinum Account: minimum initial deposit of € 25.000, spreads from 0.8 points, leverage up to 1: 500, bonus up to 50%, 5/7 customer service, personal account manager, trading signals, strategy and technical indicators, personalized investment portfolios.
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The platform used to trade is: MT4 platform.
Now, yes, we will go on to analyze the different resources and aids that the company provides to traders on its website: some explanations of the products that Royal Trades offers, explanation of basic concepts of the world of investments, some live charts, calendar economic, financial event news, pip calculator, really not much else.
Royal Trades Features
Additional information about the company
Phone number: +418023075806
E-mail: [email protected]
Clarification: If you think that our review is not correct, or you have a different opinion, we invite you to leave a comment in this same section - evaluation.
* Bonuses or promotions: Bonuses of up to 50%.
Royal Trades valuation
With the information we have so far, the comments and reviews of users and traders, our opinion is that it looks like a company we should be careful with.
Why? We saw that it is an unregulated and unregistered broker in the UK, it does not disclose the real location of its headquarters, it is a well designed page but it hides a lot of information, they do not even show us the terms and conditions; When looking for information and other reviews about Royal Trades we found a lot of negative reviews.
May 2021 update: CNMV, Spanish financial regulator, has reported Royal Trades for fraudulent activities.
❗ Attention: according to messages from Royal Trades clients and General Trades they are related, both brokers with a very bad reputation and a lot of complaints.
Do you know this company? Do you think our opinion is not correct? Have you operated with this broker? Share a comment with your experience.
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