Blue Royal Forex Broker

Note: Blue Royal's official website - https://blueroyalinv.com is currently inaccessible normally. Blue RoyalReview Summary Founded2022 Registered Country/RegionSaint Vincent and the Grenadines RegulationNo regulation Market Instruments/ Demo Account/ LeverageUp to 1:100 Spread3 pips Trading PlatformWeb-based Min Deposit$250 Customer SupportTel: +61 1800518007 Email: support@blueroyalinv.com Blue Royal is a financial company registered in 2022 in Saint Vincent and the Grenadines. It uses its own web-based trading platform, and the minimum deposit is $250. However, it is not regulated, and a lot of details are not revealed.Pros and Cons Pros Cons NoneInaccessible website Lack of regulation Wide spreads Not supported by MT4 or MT5 High minimum deposit Inactivity fee chargedIs Blue Royal Legit? No, Blue Royal is not regulated. Moreover, the current status shows that client transferring is prohibited. Please be aware of the potential risks!Account Type Details about each account type are not clear. It seems that Blue Royal offers a type of account called Passive Investing, and the minimum deposit is $250. For other types of accounts, the minimum deposit ranges from $50,000 to $500,000.Leverage The leverage can be up to 1:100. Since the detailed information of account types is not clear, customers need to consider carefully. Besides, high leverage may bring high potential risks.Blue Royal Fees It seems that the spread is 3 pips, but it cannot be confirmed. Apart from that, Blue Royal charges a high inactivity fee of $99.Trading Platform Blue Royal uses its own web-based trading platform, and it does not support MT4 or MT5. Trading PlatformSupported Available Devices Suitable for Web Trader✔Web/ MT4❌/Beginners MT5❌/Experienced tradersDeposit and Withdrawal The deposit options may include credit/debit card, wire transfer, or other types of e-wallets. Moreover, Blue Royal has certain requirements for withdrawing the bonus.