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FIN ROYALTY foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://client.trading-dashboard.com/register?ib=1100, about the company's legal and temporary regulatory information, the company's address .

FIN ROYALTY Forex Broker

Basic Information

Registered Region

Saint Vincent and the Grenadines

Operating Period

Company Name

FIN ROYALTY

Abbreviation

FIN ROYALTY

Company employee

Customer Service Email Address

support@finroyalty.com

Contact Number

+442038078270

Company Website

https://www.finroyalty.com

Keywords

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Company profile

Note: FIN ROYALTYs official site - https://www.finroyalty.com is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. FIN ROYALTY Review Summary in 9 Points Founded 2019 Registered Country/Region Saint Vincent and the Grenadines Regulation Not regulated Market Instruments Indices, precious metals, currency pairs, commodities, stocks and crypto coins Demo Account Unavailable Leverage Up to 1:400 Trading Platform MT4 Minimum Deposit $1000 Customer Support Phone: +442038078270 Email: support@finroyalty.com Address: Suite 305, Griffith Corporate Centre P.O.Box 1510, Beachmont Kingstown, St.Vincent and the Grenadines What is FIN ROYALTY？ FIN ROYALTY is a broker offering a feature-rich environment for trading, including high leverage (up to 1:400), the popular MT4 platform, and a diverse selection of assets (indices, precious metals, currencies, commodities, stocks, and crypto).However, these advantages are eclipsed by major drawbacks. For example, its high minimum deposit starts from $1,000 and its unregulated status. Pros & Cons Pros Cons High leverage Not regulated User-friendly platform: No demo account Various market instruments High minimum deposit Pros: High leverage: FIN ROYALTY offers high leverage of up to 1:400, providing traders with the opportunity to amplify their positions and potentially maximize their returns on investment. User-friendly platform: FIN ROYALTY offers globally popular MT4 system, renowned for its comprehensive tools and features designed to enhance trading efficiency. Various market instruments: Offers a broad selection of investment options, including indices, precious metals, currency pairs, commodities, stocks and crypto coins. Cons: Not regulated: Lack of regulatory oversight raises significant concerns about the safety and security of investment funds. No demo account: Investors are not directly able to open a demo account with FIN ROYALTY. High minimum deposit: The cheapest account costs $1000 to open up, almost five times as much as FIN ROYALTYs peers require at most. Is FIN ROYALTY Legit？ FIN ROYALTY currently has no valid regulation. FIN ROYALTY is an offshore broker, as they should have been, if they wanted legally to offer their services on regulated markets like the European Union, including the UK. What is even worse, Finroyalty turned out to be in the latest warnings lists of the Spanish Comisión Nacional del Mercado de Valores (CNMV) and CONSOB in Italy. Market Instruments FIN ROYALTY offers a diverse selection of financial instruments. Traders can access contracts for difference on major stock market indices, precious metals like gold and silver, and a vast selection of currency pairs exceeding 40. Additionally, FIN ROYALTY offers CFDs on popular commodities, individual stocks, and a basket of cryptocurrencies including Bitcoin, Ethereum, Ripple, Dash, Litecoin, and Ethereum Classic. This extensive variety allows traders to create diversified portfolios and capitalize on opportunities across multiple asset classes. Account Types Account type Min. deposit Max. leverage Classic Account $1000 1:400 Gold Account $10,000 1:400 Platinum Account $25,000 1:400 VIP Account $100,000 1:400 FIN ROYALTY offers tiered account options to suit different investor needs. The Classic Account serves as the entry point, requiring a minimum deposit of $1,000. For those seeking potentially more features or benefits, FIN ROYALTY offers Gold, Platinum, and VIP accounts with progressively higher minimum deposit requirements: $10,000, $25,000, and $100,000 respectively. It's important to carefully consider the minimum deposit requirements and any associated benefits before selecting an account type. Leverage FIN ROYALTY offers a maximum leverage of 1:400 across all their account types (Classic, Gold, Platinum, VIP).Leverage allows traders to control a larger position than their deposit would typically allow, but it amplifies both potential profits and losses. It's important to understand the inherent risks involved in leverage trading before utilizing it. Trading Platform FIN ROYALTY provides the widely recognized MetaTrader4 platform for trade execution. While not directly branded by FIN ROYALTY, the platform is supplied through a third-party company, Algo Trade Limited. Despite this, MT4 remains a reliable and popular choice for traders due to its extensive range of features. These features include customizable market indicators, the ability to run automated trading bots, and a comprehensive suite of charting tools. Deposits & Withdrawals FIN ROYALTY's minimum deposit requirement of $1,000 is significantly higher than the industry standard for a basic account, which typically starts around $200. This could be a disadvantage for new traders seeking to start with a smaller investment. While FIN ROYALTY appears to accept credit and debit cards (VISA and MasterCard), they do not seem to accept Skrill, a popular e-wallet provider known for its recent anti-scam policy that prioritizes partnerships with regulated brokers. This could be a red flag considering FIN ROYALTY's lack of regulation. Customer Service The company is located at Suite 305, Griffith Corporate Centre P.O.Box 1510, Beachmont Kingstown, St.Vincent and the Grenadines. To contact Fin Royalty, their support team can be reached via phone and email. Phone: +442038078270 Email: support@finroyalty.com. Conclusion FIN ROYALTY offers a tempting combination of high leverage (up to 1:400), a popular trading platform (MT4), and a wide range of instruments (indices, metals, currencies, commodities, stocks, crypto). However, these features are overshadowed by serious red flags. The lack of regulation raises significant security concerns about deposited funds. The absence of a demo account makes it difficult to test the platform before committing real capital. Furthermore, the minimum deposit of $1,000 is significantly higher than the industry standard. Frequently Asked Questions (FAQs) Question 1: Is FIN ROYALTY regulated？ Answer 1: No. It has been verified that this broker currently has no valid regulation. Question 2: Does FIN ROYALTY offer demo accounts？ Answer 2: No. Question 3: Does FIN ROYALTY offer the industry leading MT4 & MT5？ Answer 3: Yes. It offers MT4 renowned for comprehensive tools. Question 4: What is the minimum deposit for FIN ROYALTY？ Answer 4: The minimum initial deposit to open an account is $1000. Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

FIN ROYALTY broker review

Is FIN ROYALTY safe or scam

Rating Index

Fin Royalty Forex Broker - Complete Information Guide

1. Broker Overview

　　Fin Royalty, established in 2019, operates as an online trading broker under the ownership of Pro Star Griffith Corporate Center. The company is headquartered in Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont, Kingstown, Saint Vincent and the Grenadines. As a privately held entity, Fin Royalty primarily targets retail traders, particularly those in the European Union and the United Kingdom.

　　Since its inception, Fin Royalty has positioned itself in the forex trading sector, offering various financial instruments without any valid regulatory oversight. The company claims to facilitate trading in commodities and foreign exchange markets, providing clients with managed accounts and educational resources. However, the lack of transparency regarding its operations and the absence of regulatory compliance raise significant concerns about its legitimacy.

　　The business model of Fin Royalty revolves around retail forex trading, where it offers various account types with varying minimum deposit requirements. Despite the company's claims of a robust trading platform, the absence of a reliable regulatory framework makes it a risky option for potential investors.

2. Regulatory and Compliance Information

　　Fin Royalty operates without any regulatory oversight, which is a significant red flag for potential clients. The company is not regulated by any major financial authority, including the Financial Conduct Authority (FCA) in the UK or the Comisión Nacional del Mercado de Valores (CNMV) in Spain. This lack of regulation means that clients have no recourse in case of disputes or issues regarding fund withdrawals.

　　The absence of a regulatory license implies that there are no established guidelines governing the company's operations. Consequently, clients' funds are not safeguarded under any investor compensation schemes, and there are no policies in place for the segregation of client funds from the company's operational funds.

　　Moreover, Fin Royalty has not provided any information regarding its compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, which are essential for ensuring the legitimacy of financial transactions. The lack of transparency in these areas further exacerbates the risks associated with trading through this broker.

3. Trading Products and Services

　　Fin Royalty offers a range of trading products, primarily focusing on foreign exchange and commodities. The broker provides access to a selection of currency pairs, although the exact number of forex pairs available is not disclosed. Clients can also trade Contracts for Difference (CFDs) on various assets, including indices, commodities, and cryptocurrencies.

　　The broker claims to offer managed accounts, which are typically illegal without proper regulatory oversight. This service raises concerns about the potential for fraud, as unregulated brokers often exploit such offerings to misappropriate client funds. Furthermore, there is no clear information regarding the frequency of product updates or the addition of new trading instruments.

　　For retail clients, Fin Royalty promises a range of educational resources, including webinars and tutorials, aimed at enhancing trading knowledge. However, the effectiveness and quality of these resources are questionable given the broker's lack of regulatory standing.

4. Trading Platforms and Technology

　　Fin Royalty primarily utilizes the MetaTrader 4 (MT4) trading platform, which is popular among forex traders for its user-friendly interface and advanced trading features. The platform supports both desktop and mobile applications, allowing traders to access their accounts and execute trades on the go.

　　While the broker claims to offer a secure trading environment, there are concerns regarding the technical infrastructure and the absence of robust security measures. The lack of information about server locations and the technology used raises doubts about the safety of client data and funds.

　　Additionally, there is no mention of API access or support for automated trading strategies, which are essential features for many professional traders. The absence of these capabilities may limit the trading experience for clients seeking advanced trading options.

5. Account Types and Trading Conditions

　　Fin Royalty offers several account types, each with varying minimum deposit requirements and features. The main account types include:

Classic Account: Requires a minimum deposit of $1,000 and offers basic trading features.
Gold Account: Requires a minimum deposit of $10,000, providing additional benefits such as competitive spreads and access to educational resources.
Platinum Account: Requires a minimum deposit of $25,000, offering enhanced features like dedicated account management and trading signals.
VIP Account: Requires a minimum deposit of $100,000, providing the highest level of service, including premium analytics and personalized support.

　　The leverage offered by Fin Royalty varies by account type, but specific details are not disclosed. The minimum trading lot size and overnight fees are also not clearly defined, leaving potential clients with insufficient information to make informed decisions.

6. Fund Management

　　Fin Royalty supports several deposit methods, including bank transfers and credit/debit cards. However, the broker does not accept deposits from e-wallets like Skrill, which is known for its anti-scam policies. The minimum deposit requirements vary by account type, with the classic account starting at $1,000.

　　Processing times for deposits are not explicitly stated, nor are any deposit fees mentioned, which raises concerns about the transparency of their financial operations. Regarding withdrawals, clients may face delays, and the procedures for withdrawing funds are not clearly outlined, leading to potential complications when attempting to access their funds.

　　Withdrawal methods are limited, and there are indications that clients may encounter excessive fees or restrictions when trying to withdraw their funds. This lack of clarity regarding withdrawal processes is a significant concern for potential investors.

7. Customer Support and Educational Resources

　　Fin Royalty offers customer support through various channels, including phone, email, and online chat. The support team can be reached at +44 2038 078 270 or via email at support@finroyalty.com. However, the availability of support services and the responsiveness of the team remain uncertain.

　　The broker claims to provide educational resources such as webinars, tutorials, and market analysis reports. However, the quality and accessibility of these resources are questionable, given the overall lack of transparency and regulatory compliance associated with the broker.

　　Market analysis services are reportedly available, but specific details regarding the frequency and depth of these analyses are not provided. Additionally, trading tools such as calculators and economic calendars are mentioned but not elaborated upon, leaving potential clients with limited information about the resources available to assist their trading activities.

8. Regional Coverage and Restrictions

　　Fin Royalty primarily targets clients in the European Union and the United Kingdom, although the specific countries where it operates are not clearly defined. The broker does not provide information about regional offices or local support teams, which could limit its accessibility for clients in different areas.

　　Importantly, regulatory warnings from authorities such as the FCA and CNMV indicate that Fin Royalty may not accept clients from certain jurisdictions, particularly in regions where strict regulations are enforced. This lack of clarity regarding accepted client locations poses additional risks for potential investors.

　　In conclusion, while Fin Royalty presents itself as a forex broker offering various trading products and services, the significant lack of regulatory oversight, transparency, and clear operational guidelines raises serious concerns about its legitimacy and safety for investors. Potential clients are advised to exercise extreme caution and conduct thorough research before engaging with this broker.

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