Score

1.45 /10
Danger

Royal Capital

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.56

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Royal Capital LTD

Company Abbreviation

Royal Capital

Platform registered country and region

Saint Vincent and the Grenadines

Company website

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-11-16
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Royal Capital · Company summary

General Information & Regulation

Royal Capital, a trading name of Royal Capital LTD, is allegedly an unregulated forex broker registered in Saint Vincent and the Grenadines that claims to provide its clients with over 30,000 tradable financial instruments with variable commissions from 10% on the MetaTrader5 and Webtrader trading platforms, as well as a choice of three different account types and 24/7 customer support service.

Market Instruments

Royal Capital advertises that it offers more than 30,000 trading assets, including commodities, forex and stock index.

Market

Account Types

There are three live trading accounts offered by Royal Capital, namely Micro, Standard and VIP. Opening a Micro account requires the minimum initial deposit amount of $350, while the other two account types have much higher minimum initial capital requirements of $5,000 and $100,000 respectively.

Account

Commissions

Royal Capital claims that different account types will be charged different commissions. For example, clients on the Micro account have commissions on 20% profits, while the Standard account is 15% and the VIP account is 10%.

Trading Platform Available

The platforms available for trading at Royal Capital are the industry-standard MetaTrader5 and Webtrader trading platforms. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Trading

Deposit & Withdrawal

From the logos shown at the foot of the home page on Royal Capitals official website, we found that this broker seems to accept deposits and withdrawals via Web pay, Visa, MasterCard, etc. The minimum initial deposit requirement is $350.

Deposit

Customer Support

Royal Capitals customer support can be reached from 6:00am to 6:00pm (GMT-6) by + 1 212 461 4502 (Main Desk), +506 2505 5488, Telegram: +506 6218 7774 (LATAM), + 908 624 3046 (English), Fax: +506 2215 1674, email: support@royalcap-int.com or send messages online to get in touch. Besides, you can also follow this broker on some social media platforms such as Facebook and Instagram. Company address: Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont Kingstown St. Vincent and the Grenadines; 845 third avenue New York NY 10022.

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FX4076690776
3-6months
Good broker, good luck always.
Good broker, good luck always.
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2024-08-08 00:58
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Rachel1219
6-12months
Invested $1000, already recovered the investment and a little more. Some delays, but good experience, I have no complaints. I recommend it.
Invested $1000, already recovered the investment and a little more. Some delays, but good experience, I have no complaints. I recommend it.
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2024-01-31 01:48
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