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For more information about RoyalStat Forex Broker company profile, come to WikiBit!

Rating Index
1.48
Regulation
0.00
License
0.00
Software Index
4.00
Risk Control
0.00
Business
6.77

Pros

Diverse trading instruments: Royal Stat offers a wide range of trading options, including forex, commodities, indices, stocks, and cryptocurrencies, allowing clients to diversify their portfolios.
Multiple account types: The broker provides various account types (basic, standard, and VIP) to cater to different trading needs and experience levels.
Accessible deposit and withdrawal methods: Clients can use a variety of methods for depositing and withdrawing funds, including credit/debit cards and cryptocurrencies.

Cons

Lack of regulation and transparency: Royal Stat operates without clear regulatory oversight, raising concerns about the security of client funds and the legitimacy of its operations.
High leverage ratios: The broker offers extremely high leverage (up to 1:1000), which can significantly amplify both potential profits and losses, posing considerable risks to traders.
Customer support limitations: The primary support is via email, with reports of slow response times, which may hinder traders' ability to resolve issues promptly.