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

Rating Index

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.