Abstract:Founded in 2013, Royce Capitals is a regulated brokerage company registered in Malaysia. This firm boasts of its wide selection of investment options and its with its advanced trading platforms. Royce Capitals has different account tiers that vary based on increasing asset size. However, the initial deposit for a basic account is as high as $5,000 and this firm doesn't offer managed portfolios.
Founded in 2013, Royce Capitals is a regulated brokerage company registered in Malaysia. This firm boasts of its wide selection of investment options and its with its advanced trading platforms. Royce Capitals has different account tiers that vary based on increasing asset size. However, the initial deposit for a basic account is as high as $5,000 and this firm doesn't offer managed portfolios.
Pros | Cons |
A swath of investment choices | Accounts charge a higher fee at the lower tier |
Multiple account types | No managed portfolios |
Leverage options available | Higher account opening deposit compared to some brokerages ($5,000) |
Commission-free stocks trading | |
Popular MT5 platform |
Royce Capitals is authorized and regulated by the Labuan Financial Services Authority (LFSA), with registration number MB/23/0113.
When you open a brokerage account with Royce Capitals, you've got over 500 financial instruments across 5 different asset classes for investing: forex, energies, precious metals, bonds, and stocks. Compared to other online brokerages, Royce Capitals doesn't offer as many ways to invest.
Whether this is a pro or con for you depends on your investment strategy. If you're a trader focused on forex and bonds, for example, then you may be fine with Royce Capitals. On the other hand, if you want to trade cryptocurrency, mutual funds, or ETFs, you won't be able to do that here.
Besides, Royce Capitals doesn't offer managed portfolios of any kind. It's geared toward investors who are comfortable managing their investments themselves.
Tradable Instruments | Supported |
Forex | ✔ |
Energies | ✔ |
Stocks | ✔ |
Bonds | ✔ |
Precious Metals | ✔ |
Indices | ❌ |
Cryptocurrencies | ❌ |
ETFs | ❌ |
Mutual Funds | ❌ |
It's not unusual for online brokerages to offer different account tiers. The upside of tiered accounts is that you might pay less in fees the more you invest. And fewer fees are good because you keep more of your investment returns.
Royce Capitals has different account tiers that vary based on increasing asset size. Tighter spreads, more educational resources, more advanced trading tools, and personalized services are available as your investment grows. If you're interested in investing here, you can open Professional, Signature, Private Banking, and Managed accounts. Demo accounts are also available.
You need at least $5,000 to open a professional account. However, that account is the most basic one. And there is no detailed information available for the Managed Account, which you need at least $1,000,000 to start with. So if you're a beginner without a lot of money to get started, finding another brokerage may be a better choice.
Account Type | Professional Account | Signature Account | Private Banking Account | Managed Account |
Ideal for | Beginners | Experienced traders | High-net-worth individuals who follow Islamic finance principles | High-net-worth individuals who want personalized services and support |
Initial Deposit | $5,000 - $25,000 | $25,000 - $100,000 | $100,000 | $1,000,000 |
Spreads | 0.5 to 1.5 pips | 0.1 to 1 pips | 0.1 to 0.5 pips | N/A |
Leverage options | 1:100 to 1:200 | 1:50 to 1:100 | 1:20 to 1:50 | N/A |
Keeping an eye on investment fees matters. With Royce Capitals, the fees depend on the account type. For example, the spreads for live accounts are as follows:
Besides, Royce Capitals offers commission-free stock trading.
MT5 (MetaTrader 5) is available with Royce Capitals. You can apply it on multiple devices, including Windows, MAC, Android, and IOS. It is a diversified financial trading platform that allows trading foreign exchange, stocks, and futures. It provides automated trading systems and excellent tools for various price analyses, the use of algorithmic trading applications, and copy trading.
Web Trader and Client Portal are also available here.
Trading Platform | Supported | Available Devices | Suitable for |
MT5 | ✔ | Windows, MAC, IOS, and Android | Investors of all experience levels |
Web Trader | ✔ | Investors of all experience levels | |
Client Portal | ✔ | ||
MT4 | ❌ | ||
Proprietary Platform | ❌ |
With Royce Capitals, funding and withdrawal methods are Wire Transfers via Banks, Skrill, Neteller, Mastercard and Visa. The minimum deposit is $250 and Royce Capitals does not charge any deposit fees.
Withdrawals are processed within the same day, as long as they are submitted during working hours.
Deposit Options
Deposit Options | Min. Deposit | Fees | Processing Time |
Mastercard / Visa | $250 | No Commission | Instant |
Skrill / Neteller | $250 | No Commission | Instant |
BanksTransfer | $250 | No Commission | It may take up to 5 business days |
Withdrawal Options
Withdrawal Options | Min. Withdrawal | Fees | Processing Time |
Mastercard / Visa | N/A | N/A | Within 24 hours |
Skrill / Neteller | N/A | N/A | Within 24 hours |
BanksTransfer | N/A | N/A | Within 24 hours |
If there's something you need to do that you can't manage online or through the mobile app, you can try reaching out to Royce Capitals's customer support. You have multiple choices, including email (info@roycecapitals.com), phone (+60 87 584859), and an online message box.
Contact Options | Details |
Phone | +60 87 584859 |
info@roycecapitals.com | |
Support Ticket System | Client Portal |
Online Chat | ❌ |
Social Media | ❌ |
Supported Language | English |
Website Language | Multiple |
Physical Address | Royce Capitals LtdUnit Level 9F(2), Main Office Tower Financial Park Complex LabuanJalan Merdeka87000 Labuan F.T, Malaysia |
Royce Capitals has a lot to like experienced investors who know what they want from a portfolio and want access to a variety of trading platforms. Commission-free stock trading could be another selling point. On the other hand, you need at least $5,000 to open a basic account. So you may want to check another brokerage account if you're new to investing.
Is Royce Capitals a regulated brokerage?
Yes, Royce Capitals is regulated by the Labuan Financial Services Authority (LFSA), with registration number MB/23/0113.
Is Royce Capitals good for beginners?
No, its minimum account opening deposit is $5,000. So if you're a beginning investor without a lot of money to get started, this platform may not be right for you.
Does Royce Capitals offer leveraged trading?
Yes, Royce Capitals provides a leverage option, which is up to 1:400.
Online trading involves considerable risk, so it may not be suitable for everyone.