Royal Camel foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.rocamel-inversiones.com/, about the company's legal and temporary regulatory information, the company's address Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH96960.
In Royal Camel, you can engage as a trader in the major markets across Europe, Asia, the United States, and Latin America, investing in diverse assets including stocks, indices, bonds, and more. But as of now, it has no regulation.
Pros | Cons |
Diverse trading products | No regulation |
High minimum deposits | |
A newly established company with limited experience | |
No contact channels provided |
Royal Camel operates their business under regulated situation. Besides, it was registered on 2024-03-12. Its current status is clientDeleteProhibited, clientRenewProhibited, clientTransferProhibited, and clientUpdateProhibited, which means that the domain is restricted from deletion, renewal, transfer, and updates by the client.
Royal Camel supports more than 3000 instruments including forex, indices, commodities, CFDs and ETFs.
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Indices | ✔ |
Cryptocurrencies | ❌ |
Shares | ❌ |
ETFs | ✔ |
CFDs | ✔ |
Mutual Funds | ❌ |
In Royal Camel, you can choose three types of live accounts: the Classical, Silver and Gold accounts. But it is notable that they require the minimum deposits of $200, $1000, and $25,000 respectively, which are rather high compared with other brokers.
Royal Camel offers Sirix Trader trading platform. Traders can utilize the options menu to perform various actions, including locating assets to invest in, controlling operations, monitoring trades, reviewing history, managing open positions, displaying graphs with different indicators, and accessing trading signals.
In conclusion, Royal Came is a newly established forex broker offering many variety of trading products. But it is not suitable for novices because it is not regulated and require high minimum deposits.
Is Royal Camel safe?
No. It is not regulated well.
Is Royal Camel a good for beginners?
It does not offer a standard trading platform like MT4 or demo accounts to help users familiarize themselves with trading conditions.
Is Royal Camel good for day trading?
No.
At Royal Camel, are there any regional restrictions for traders?
No.
fe9519
Chile
They do not allow withdrawing profits, errors are generated on the platform, they are not responsible for these errors, they process to not withdraw funds and finally close the account.
Exposure
2024-08-21
FX2865490417
Chile
You are not allowed to withdraw freely, the executive has to authorize it.. They give you investment recommendations, but they are incorrect, and they do not account for the losses they cause you. I do not recommend it, not at all.
Exposure
2024-12-28