ROYAL FUNDS Forex Broker

Note: ROYAL FUNDS official website - https://www.royalfunds.co/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.ROYAL FUNDS Review SummaryFounded2018Registered Country/RegionUnited KingdomRegulationNo regulationMarket InstrumentsForex, CFDs and binary optionsDemo Account❌LeverageUp to 1:1000Spread3 pipsTrading PlatformMT4 (Provided by third-party software), Status ProMin Deposit$250Customer SupportEmail: support@Royalfunds.co ROYAL FUNDS is an unregulated offshore broker. It claims to offer forex, CFDs and binary options trading, but it doesn't provide demo accounts. It is worth noting that although G supports MT4, it is provided by a third party, White Rock Partners Ltd.Pros and ConsProsConsFlexible leverage ratiosInaccessible websiteNo regulationFlagged by the Italian regulatorNo demo accountsWide spreadsHigh minimum depositLimited contact channelIs ROYAL FUNDS Legit? No. ROYAL FUNDS currently has no valid regulations. Please be aware of the risk!What Can I Trade on ROYAL FUNDS? ROYAL FUNDS presents itself as specializing in forex, CFDs and binary options trading.Tradable InstrumentsSupportedForex✔CFDs✔Binary options✔Bonds❌ETFs❌Account TypeAccount TypeMin DepositStandard$250Silver$10,000Gold$25,000VIP$100,000 ROYAL FUNDS does not offer free demo accounts. This means that investors can only learn about ROYAL FUNDS's trading conditions through live accounts.Leverage The maximum leverage of 1:1000 is too high. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.Account TypeLeverage Standard1:200Silver1:200Gold1:400VIP1:1000Trading Platform The MetaTrader4 (MT4) platform is the best choice for most investors, but ROYAL FUNDS provides links to third-party platforms. The other trading platform Status Pro has some basic and simple functions that are suitable for beginners and not for professional traders.Trading PlatformSupported Available Devices Suitable for Status Pro✔/BeginnersMT4✔/BeginnersMT5❌/Experienced traders