Opinions and information about the RoyaltyFinance broker
¿Is the broker RoyaltyFinance (aka royaltyfinance.io) really trustworthy? 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 RoyaltyFinance broker is a broker of: Forex, Cryptocurrencies and CFDs.
The broker mentions to be part of: do not mention it.
RoyaltyFinance is based on: they don't mention it.
If we talk about regulation, the RoyaltyFinance website does not mention absolutely anything about being regulated, RoyaltyFinance is an unregulated broker.
We will continue to analyze the different account types that RoyaltyFinance offers. In the case of RoyaltyFinance, we note that it has 4 different plans or types of accounts: the Micro Account, the Standard Account, the Gold Account and the VIP Account.
Micro account- Minimum initial deposit of $ 250, leverage up to 1: 100, no commission, Personal Account manager- Info, 24/5 phone trading and live chat, guaranteed stop loss, negative balance protection.
Standard Account- Minimum initial deposit of $ 15.000, leverage up to 1: 200, no commission, Personal Account manager- Info, 24/5 phone trading and live chat, guaranteed stop loss, negative balance protection.
Gold Account- Minimum initial deposit of $ 55.000, leverage up to 1: 400, no commission, Personal Account manager- Info, 24/5 phone trading and live chat, guaranteed stop loss, negative balance protection.
VIP account: Minimum initial deposit of $ 80.000, leverage up to 1: 400, no commission, Personal Account manager - Information, 24/5 phone trading and live chat, guaranteed stop loss, negative balance protection.
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The trading platforms used are: the MT4 platform.
Now, yes, we will go on to analyze the different resources and help that the company provides to traders on its website: some explanations of the products that RoyaltyFinance offers, an explanation of basic concepts of the investment world, some live charts, economic calendar , financial event news, pip calculator, really not much else.
Additional information about the company
Phone number: does not have.
Clarification: The investment company RoyaltyFinance works in different countries, so the information provided may not apply to your country, this review is directed to Latin America and / or Spain.
* Bonuses or promotions: None by the moment
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? It is an unregulated broker, we do not know where it really is based, although apparently it is a broker of Kleinman Enterprise Ltd (Saint Vincent and the Grenadines), a firm with a very bad reputation, when looking for information and other evaluations about RoyaltyFinance we found a large amount of negative reviews.
October 2020 update: CONSOB, Italian financial regulator, has denounced RoyaltyFinance due to fraudulent maneuvers.
November 2020 update: CNMV, Spanish financial regulator, has denounced RoyaltyFinance due to fraudulent maneuvers.
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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