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For more information about Royal Capital Pro Forex Broker company profile, come to WikiBit!

Rating Index

Pros

Metatrader 4 available for trading, offering a familiar platform for many traders.
Offers a variety of account types, including Islamic (swap-free) accounts.
Leverage up to 1:200, which may suit some trading strategies.

Cons

Unregulated and blacklisted, posing significant risks to investors.
Very high spreads, averaging around 4.9 pips, which are unfavorable compared to industry standards.
High minimum deposit requirement of $500, which may deter new traders.

Royal Capital Pro Company

Royal Capital Pro Company

1. Company Overview

Founding Date and Background

Royal Capital Pro was founded in 2016, emerging as a player in the online trading industry. The company aimed to provide a user-friendly platform for retail investors looking to engage in various financial markets.

Parent Company/Ownership Structure

The brokerage operates under the ownership of Goldtech Media Services OU. This structure allows Royal Capital Pro to maintain a level of operational independence while providing trading services across multiple regions.

Headquarters Location

Royal Capital Pro is headquartered in Tallinn, Estonia. This location is significant as Estonia is known for its progressive approach to digital finance and online businesses, providing a conducive environment for fintech companies.

Global Business Scope

Royal Capital Pro primarily targets markets in Europe, Australia, New Zealand, and the United States. The company offers a range of trading services, making it accessible to a diverse clientele interested in forex, stocks, and other financial instruments.

Main Regulatory Bodies

As of the latest information, Royal Capital Pro is not regulated by any major financial authority. This lack of regulatory oversight raises concerns regarding investor protection and operational transparency.

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2. Company History and Development

Key Milestones

Since its inception in 2016, Royal Capital Pro has focused on expanding its trading offerings and enhancing its platform. The company has made strides in providing a comprehensive trading experience but has faced challenges regarding regulatory compliance.

Business Expansion Journey

The company initially launched with a limited range of trading options but has gradually expanded to include a variety of assets, including forex, stocks, and CFDs. This expansion has been part of its strategy to attract a broader customer base.

Customer Base Growth

Royal Capital Pro has seen a steady increase in its customer base, particularly among retail investors seeking accessible trading solutions. However, the lack of regulation may deter some potential clients.

Platform Development History

The trading platform has undergone several updates to enhance user experience and functionality. It offers popular trading tools and supports mobile trading through applications compatible with iOS and Android devices.

Important Awards or Recognitions Received

While Royal Capital Pro has positioned itself as a competitive broker, it has not received notable awards or recognitions that would significantly enhance its credibility in the industry.

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3. Trading Services Offered

Forex Trading Options

Royal Capital Pro offers trading in a selection of 42 currency pairs, allowing traders to engage in forex trading across major, minor, and exotic pairs. The leverage offered can go up to 1:200, which is attractive for many retail investors.

Stock Trading Options

The company provides access to 27 different stocks, enabling clients to diversify their portfolios beyond forex trading. However, the range of stocks available is relatively limited compared to some competitors.

CFD Trading Products

Royal Capital Pro offers CFDs on various underlying assets, including commodities (7 types), indices (9 types), and stocks. This variety allows traders to speculate on price movements without owning the underlying assets.

Other Financial Instruments

In addition to forex and stocks, Royal Capital Pro also provides trading options for commodities and indices. However, it currently does not offer cryptocurrencies, which are increasingly popular among traders.

Special Services or Unique Advantages

One of the unique advantages of Royal Capital Pro is its mobile trading application, which allows traders to manage their accounts and execute trades on the go. Additionally, the company provides customer support through multiple channels, including email, phone, and online chat.

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Detailed Regulatory Information

Royal Capital Pro does not appear to be regulated by any significant financial authority at this time. This lack of regulation is a major concern for potential investors, as it means there is no oversight to ensure fair trading practices.

The company operates under Goldtech Media Services OU, registered in Estonia. This structure allows it to provide services in various regions, but the absence of regulatory approval limits its credibility.

Client Fund Protection Measures

Due to the lack of regulation, there are no specified client fund protection measures in place. This raises significant risks for investors, as their funds may not be safeguarded in the event of financial difficulties faced by the broker.

Countries/Regions Served

Royal Capital Pro primarily serves clients in Europe, Australia, New Zealand, and the United States. However, potential clients from certain jurisdictions may face restrictions due to the unregulated nature of the broker.

Compliance History

The company has faced scrutiny due to its lack of regulatory oversight, which raises questions about its compliance with industry standards. Prospective clients are advised to exercise caution when considering trading with Royal Capital Pro.

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5. Competitive Landscape

3-5 Main Competitors

Royal Capital Pro competes with several established brokers in the online trading space, including:

  • eToro: Known for its social trading features and a wide range of assets.
  • Plus500: Offers a user-friendly platform with competitive spreads and a large asset selection.
  • XTB: Provides extensive educational resources and a robust trading platform.

Positioning in the Industry

Royal Capital Pro positions itself as a flexible trading platform catering to retail investors. However, its lack of regulation and limited asset offerings may hinder its ability to attract more serious traders compared to its competitors.

Market Differentiation Factors

The primary differentiation factors for Royal Capital Pro include its mobile trading application and the variety of trading options available. However, the absence of regulatory backing and limited asset classes may limit its competitiveness in the broader market.

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Conclusion

In summary, Royal Capital Pro offers a range of trading services but operates without regulatory oversight, which poses risks for potential investors. While the company has made strides in expanding its offerings and enhancing its platform, the lack of protection measures and compliance history raises significant concerns. Traders considering Royal Capital Pro should conduct thorough research and weigh the risks associated with trading through an unregulated broker.

For more information on trading options and to explore other regulated brokers, learn more.