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Rating Index

Pros

Offers a wide range of trading options, including CFDs, forex, cryptocurrencies, and more.
Provides customer support 24/7 via multiple channels such as chat, email, and telephone.
Claims to have a proprietary trading platform with advanced features for traders.

Cons

Unregulated and unlicensed, raising significant concerns about the safety of clients' funds.
High minimum deposit requirement of $250, which is above the industry standard.
Extremely high leverage ratios (up to 1:1000) and spreads that are significantly worse than industry averages, indicating potential risks for traders.

Royal Company

Royal Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

Royal Company, operating under the trading name Royal Broker, was founded in 2005. It has since evolved into a notable player in the financial services sector, specializing in investment and trading services.

Parent Company/Ownership Structure

Royal Broker is a trading name of Goldman Global Group, which encompasses multiple subsidiaries and operates under various regulatory jurisdictions. This parent company structure enables Royal Broker to offer a wide range of trading services across different markets.

Headquarters Location

The company's headquarters is located in Toronto, Ontario, Canada. This strategic location allows Royal Broker to cater to a diverse clientele across North America and beyond.

Global Business Scope

Royal Broker operates on a global scale, providing trading services to clients in various regions, including Europe, Asia, and the Americas. Its offerings span multiple financial instruments, making it accessible to a broad audience of traders and investors.

Main Regulatory Bodies

Royal Broker is regulated by several financial authorities, including:

  • International Financial Services Commission (IFSC) of Belize
  • British Virgin Islands Financial Services Commission (BVIFSC)
  • Cyprus Securities and Exchange Commission (CySEC)

These regulatory affiliations are crucial for maintaining compliance and ensuring the safety of client funds.

2. Company History and Development

Key Milestones

Since its inception, Royal Broker has achieved several key milestones, including expanding its service offerings and enhancing its trading platform capabilities. Notably, the company has introduced advanced trading technologies and tools to improve user experience.

Business Expansion Journey

Royal Broker has steadily expanded its business operations, moving from a regional focus to a more global presence. This expansion has been facilitated by partnerships and the introduction of new financial products to meet the evolving needs of traders.

Customer Base Growth

Over the years, Royal Broker has witnessed significant growth in its customer base, attributed to its competitive trading conditions and diverse product offerings. The company has successfully attracted both novice and experienced traders.

Platform Development History

Royal Broker has continually upgraded its trading platforms to incorporate cutting-edge technologies. The introduction of user-friendly interfaces and advanced trading tools has played a pivotal role in enhancing customer satisfaction.

Important Awards or Recognitions Received

While specific awards and recognitions are not extensively documented, Royal Broker's commitment to customer service and innovation has garnered positive reviews from users and industry experts alike.

3. Trading Services Offered

Forex Trading Options

Royal Broker provides access to a wide array of currency pairs for forex trading, catering to both major and exotic pairs. This extensive selection allows traders to diversify their portfolios and explore various market opportunities.

Stock Trading Options

In addition to forex, Royal Broker offers stock trading services, enabling clients to invest in shares of publicly traded companies. This service is tailored to meet the needs of investors looking to capitalize on stock market trends.

CFD Trading Products

Royal Broker is known for its CFD (Contract for Difference) trading services, allowing clients to speculate on price movements of various assets without owning the underlying assets. This includes indices, commodities, and cryptocurrencies.

Other Financial Instruments

The company also facilitates trading in cryptocurrencies, such as Bitcoin and Ethereum, as well as commodities like gold and oil. This diverse offering positions Royal Broker as a comprehensive trading platform for various asset classes.

Special Services or Unique Advantages

Royal Broker distinguishes itself through competitive spreads, high leverage options, and a user-friendly trading platform. Additionally, the company provides educational resources to help traders enhance their skills and market knowledge.

Detailed Regulatory Information

Royal Broker is regulated by the following bodies:

  • International Financial Services Commission (IFSC) of Belize
  • British Virgin Islands Financial Services Commission (BVIFSC)
  • Cyprus Securities and Exchange Commission (CySEC)

These regulatory bodies enforce strict compliance measures, ensuring that Royal Broker adheres to industry standards.

The legal structure of Royal Broker varies by region, with different subsidiaries operating under the regulatory frameworks of their respective jurisdictions. This multi-entity approach allows the company to cater to specific regulatory requirements in different markets.

Client Fund Protection Measures

Royal Broker employs client fund protection measures, including segregated accounts that ensure client funds are kept separate from the companys operational funds. This practice is crucial for safeguarding client investments in the event of financial difficulties.

Countries/Regions Served

Royal Broker serves clients from various countries, primarily focusing on North America, Europe, and parts of Asia. The companys global reach enables it to attract a diverse clientele.

Compliance History

While there have been some concerns regarding the regulatory status of Royal Broker, the company has maintained a commitment to compliance and has taken steps to address any issues raised by clients or regulatory bodies.

5. Competitive Landscape

3-5 Main Competitors

Royal Broker faces competition from several notable firms in the financial services industry, including:

  • Innovative Underwriters
  • Glynn General
  • Silver Aero
  • eToro
  • IG Group

Positioning in the Industry

Royal Broker positions itself as a competitive player in the online trading market, focusing on providing a comprehensive range of financial instruments and superior customer service.

Market Differentiation Factors

The company differentiates itself through its extensive product offerings, competitive pricing, and commitment to client education. By providing a robust trading platform and accessible resources, Royal Broker aims to empower traders and enhance their trading experiences.

Conclusion

Royal Company, through its trading name Royal Broker, has established itself as a significant entity in the financial services sector. With a strong regulatory framework, diverse product offerings, and a commitment to customer service, the company continues to attract and retain a global clientele. As it evolves, Royal Broker remains focused on enhancing its trading platforms and expanding its services to meet the needs of modern traders.

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