ROYAL TRADING Forex Broker

ROYAL TRADINGReview SummaryFounded2020-03-05Registered Country/RegionHong KongRegulationSuspicious CloneMarket InstrumentsForex, Commodity, Indices, Stocks, and CryptocurrenciesDemo Account✅LeverageUp to 1:1000SpreadFrom 0.6 pip(On All Majors)Trading PlatformMT5(iOS, Android, and Web)Min Deposit$20Customer SupportPhone: +852 81209280Email:cs@royal-tradingcorp.cominfo@royal-tradingcorp.comLive ChatROYAL TRADING Information ROYAL TRADING is a broker providing various tradable instruments, including forex, commodities, indices, stocks, and cryptocurrencies. Thebroker has different account types with a maximum leverage of 1:1000, such as ECN, High Leverage, and Islamic. The minimum spread is 0.6 pip and the minimum deposit is $20. ROYAL TRADING is still risky due to its Suspicious Clone status, high leverage, and bad reviews about difficulty withdrawing money.Pros and ConsPros Cons Leverage up to 1:1000Suspicious CloneSpread from 0.6 pipBad reviews: Difficult to withdraw moneyMT5 availableDemo account availableVarious tradable instruments: forex, commodity, indices, etc.Is ROYAL TRADING Legit? Regulated brokers are safer than unregulated brokers, but risks are inevitable. ROYAL TRADING is unsafe with Suspicious Clone, even though the broker claims to be regulated by ASIC and VFSC. In addition, some ROYAL TRADING traders said that it is difficult to withdraw funds.What Can I Trade on ROYAL TRADING? ROYAL TRADING provides forex, commodities, indices, stocks, and cryptocurrencies.Tradable Instruments Supported Forex✔Commodities✔Indices✔Stocks✔Cryptocurrencies✔Bonds❌Mutual Funds❌Account Type ROYAL TRADING provides three types of accounts: ECN, High Leverage, and Islamic Account. Traders with less than $1000 can choose a High Leverage account, which offers leverage up to 1:1000 and spreads starting from 1.0 pip. Investors who prefer low leverage and tight spreads can choose ECN and Islamic Account.Account Type ECNHigh LeverageIslamicLeverage1:100/1:2001:10001:100/1:200Minimum Deposit$50$50$50Negative Balance ProtectionYesYesYesSpread On All MajorsAs low as 0.6 pipAs low as 1.0 pipAs low as 0.6 pipCommissionNoNoYesOvernight interestCharge or payCharge or payNoneROYAL TRADING Fees The spread is from 0.6 pip and the commission is free. ROYAL TRADING charges swap fees. Overnight Interest = Settlement Price x Contract Size x Lot Size (Long /Short) x Days x Overnight Interest Rate (Long /Short) ÷ 360Leverage The maximum leverage is 1:1000, which means that profits and losses are magnified 1000 times.Trading Platform ROYAL TRADING has an authoritative MT5 trading platform and traders can choose different versions, such as iOS, Android, and Web to trade. Compared with MT4, experienced traders prefer MT5.Trading PlatformSupported Available Devices MT5✔iOS, Android, and WebDeposit and Withdrawal The minimum deposit is $20. ROYAL TRADING charges investors withdrawal fees starting at 0 and provides multiple deposit and withdrawal methods, including Debit Cards, Bank Accounts, and Cryptocurrency.Customer Support Options ROYAL TRADING provides 24/7 support and traders can contact via phone, email, and live chat.Contact Options DetailsPhone +852 81209280Email cs@royal-tradingcorp.cominfo@royal-tradingcorp.comLive Chat ✔Supported Language EnglishWebsite Language EnglishPhysical Address 3rd Floor Ellen Skelton Building 3076 Sir Francis Drake Highway Road Town, Tortola British Virgin Islands VG1110.