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Royal Trading Fx Forex broker specializes in providing foreign exchange trading services, the company's official website https://royaltrading..., the company's legitimate regulatory information to enhance the security of the company's address
Royal Trading Fx Forex Broker
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Note: Royal Trading Fxs official site - http://ww1.royaltradingfx.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. 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 contained in this article is for general information purposes only. General Information & Regulation Feature Information Registered Country/Region Saint Vincent and the Grenadines Regulation unregulated Market Instrument forex currency pairs, metals, futures and shares Account Type Classic, STP, ECN and Standard Demo Account N/A Maximum Leverage 1:1000 Spread (EUR/USD) from 0.1 pips Commission N/A Trading Platform MT4, Webtrader Minimum Deposit $100 Deposit & Withdrawal Method N/A Royal Trading Fx, a trading name of Royal Trading Fx Ltd, is allegedly a forex broker registered in Saint Vincent and the Grenadines that claims to provide its clients with various tradable financial instruments with leverage up to 1:1000 and floating spreads from 0.1 pips on the MT4 and web trader trading platforms via four different live account types. However, Royal Trading Fx has been verified to be illegal and its licence has expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk! Note: The screenshot date is February 13, 2023. WikiFX gives dynamic scores, which will update in real time based on the broker's dynamics. So the scores taken at the current time do not represent past and future scores. Market Instruments Royal Trading FX trades in forex currency pairs, metals, futures and shares. Account Types Royal Trading Fx claims to offer four types of trading accounts, namely Classic, STP, ECN and Standard, with minimum deposit requirements of $100, $500, $1,000 and $1,500 respectively. Leverage The maximum trading leverage offered by Royal Trading Fx for forex trading is up to 1:1000, which is generous. However, since leverage can amplify returns as well as potential losses, traders need to take care when using it. Spreads Royal Trading Fx advertises that its spread on the EUR/USD pair starts from 0.1 pips, but does not specify its detailed spread on particular instruments. Trading Platform Royal Trading Fx offers the MetaTrader4 trading platform and a web trader. The MT4 offers a variety of trading tools and instruments to facilitate your transactions. For example, a financial calendar, VPS, trading signals (for a subscription fee), code base with customs scripts, demo account, etc. Deposit & Withdrawal The minimum deposit is $100. Withdrawals are subjected to processing and handling fees which are deducted from the transferred amount. The withdrawal request is not charged fees once a month but any subsequent withdrawal is charged a processing fee of 30 USD, 25 EUR or 20 GBP. In addition to that, the processing time for withdrawal requests is 2-5 business days. Without access to its official site, however, we cannot say what kind of payment methods are available with the broker. Inactivity Fees There is no fee on deposits, however, if the account remains inactive for 6 months, then 10% will be deducted each month. Customer Support The only way you can approach Royal Trading Fx is via email: info@royaltradingfx.com. This broker doesnt disclose other more direct contact information like telephone numbers or the company address that most transparent brokers offer. Pros & Cons Pros Cons • Multiple trading assets and account types • No regulation • MT4 supported • Website inaccessible Frequently Asked Questions (FAQs) Q 1: Is Royal Trading Fx regulated？ A 1: No. It has been verified that Royal Trading Fx currently has no valid regulation. Q 2: Does Royal Trading Fx offer the industry-standard MT4 & MT5？ A 2: Yes. Royal Trading Fx supports MT4. Q 3: What is the minimum deposit for Royal Trading Fx？ A 3: The minimum initial deposit to open an account is $100. Q 4: Is Royal Trading Fxa good broker for beginners？ A 4: No. Royal Trading Fx is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website.
How to login to Royal Trading Fx?
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Basic Information
Registered Region 
Saint Vincent and the Grenadines
Saint Vincent and the GrenadinesOperating Period
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Company Name
Royal Trading Fx Ltd
Abbreviation
Royal Trading Fx
Company employee
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Customer Service Email Address
info@royaltradingfx.com
Company Website
How to login to Royal Trading Fx?
royal trading fx Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a royal trading fx Account To begin your journey with royal trading fx, you need to complete the registration process. This process is essential for accessing the platform and trading various financial instruments. Follow these detailed steps to register your account successfully. Steps to Register: Accessing the Registration Page: Visit the official royal trading fx website. Look for the "Sign Up" or "Register" button, typically located at the top right corner of the homepage. Insert screenshot of registration page here. Filling in Required Information: You will be prompted to fill in necessary details, such as your name, email address, and phone number. Ensure that you provide accurate information to avoid issues later. Select your country of residence from the dropdown menu, as this may affect the services available to you. Email/Phone Verification: After submitting your information, you will receive a verification email or SMS. Click on the link provided in the email or enter the code sent to your phone to verify your account. This step is crucial as it confirms your identity and secures your account. Identity Verification (if required): Depending on your region, royal trading fx may require you to verify your identity by submitting a government-issued ID, such as a passport or drivers license. This is part of their compliance with regulatory standards. Registration Confirmation: Once you complete the verification steps, you will receive a confirmation message indicating that your registration was successful. You can now proceed to log in to your account. Common Registration Issues and Solutions: Email Not Received: Check your spam/junk folder. If its not there, attempt to resend the verification email. Verification Failure: Ensure that the details you entered match those on your ID exactly. Regional Restrictions: Some regions may have specific requirements or restrictions. Check royal trading fx's website for information relevant to your location. Regional Differences in Registration While the registration process is generally the same, users from certain regions may face additional requirements, such as more stringent identity verification processes or limitations on account types. Always check the specific requirements based on your country of residence. Part Two: royal trading fx Account Opening Detailed Guide Understanding Account Opening vs. Registration While registration involves creating your account and verifying your identity, account opening is the next step that allows you to start trading. This involves selecting the type of account you wish to open and funding it. Preparation Work Before Account Opening Before you can open your account, ensure you have the following: A valid form of identification for verification. Proof of address (utility bill or bank statement). A clear understanding of the account types available (e.g., standard, ECN, etc.). Detailed Account Opening Steps: Selecting Account Type: After logging in to your newly registered account, navigate to the account types section. royal trading fx offers various accounts, each with different features and minimum deposit requirements. Choose the one that best suits your trading needs. Submitting Required Documents: Upload the necessary documents for identity and address verification. Make sure they are clear and legible to expedite the review process. Account Review Process: Once you submit your documents, the royal trading fx team will review them. This process can take anywhere from a few hours to a couple of days, depending on the volume of applications. Account Activation: After your documents are approved, you will receive a notification confirming that your account is active. You can now proceed to fund your account. Initial Setup: Log in to your account and set up your trading preferences. This includes configuring leverage settings, choosing trading instruments, and familiarizing yourself with the trading platform. Frequently Asked Questions about Account Opening What is the minimum deposit？ The minimum deposit to open an account with royal trading fx is typically $100, but this may vary based on the account type. How long does the account review take？ The review process generally takes 1-3 business days. Can I open multiple accounts？ Yes, you can open multiple accounts, but you may need to go through the registration process for each one. Next Steps After Opening an Account Once your account is active, consider exploring the educational resources available on the platform. These resources can help you understand trading strategies, market analysis, and risk management techniques. Part Three: royal trading fx Login Process Explained Basic Web Login Process Logging into your royal trading fx account is straightforward. Follow these steps: Visit the Login Page: Go to the royal trading fx homepage and locate the "Login" button, usually found at the top right corner. Enter Credentials: Input your registered email address and password. Ensure that your caps lock is not on, as passwords are case-sensitive. Select Language (if applicable): If you prefer a different language, select it from the dropdown menu before proceeding. Click Login: After entering your credentials, click the "Login" button to access your account. Two-Factor Authentication (if enabled): If you have enabled two-factor authentication, you will need to enter the code sent to your registered device. Mobile App Login Process If you prefer trading on the go, you can download the royal trading fx mobile app. The login process is similar: Open the app, enter your email and password, and follow the prompts for any additional security measures. Other Login Methods Currently, royal trading fx primarily supports standard login methods. They do not appear to offer third-party login options like Google or Facebook. Common Login Issues and Solutions Forgotten Password: Use the "Forgot Password？" link on the login page to reset your password via email. Account Lockout: If your account is locked due to multiple failed login attempts, you may need to contact customer support for assistance. Technical Issues: Ensure your browser is updated, and clear your cache if you encounter problems logging in. Special Instructions for First-Time Login Upon your first login, its advisable to change your temporary password (if provided) to something secure and memorable. Review your account settings and security options. Overview of Features After Login Once logged in, you can access various features, including: Market analysis tools Trading signals and alerts Educational resources and webinars Your account management dashboard for deposits, withdrawals, and transaction history. Additional Sections Account Security Recommendations To enhance your account security: Use a strong, unique password and change it regularly. Enable two-factor authentication for an added layer of security. Be cautious of phishing attempts and avoid sharing your login credentials. Best Practices for Account Management Regularly monitor your account activity and transaction history. Keep your personal information updated to avoid issues with withdrawals or account access. Familiarize yourself with trading tools and resources available on the platform. How to Get Technical Support If you encounter issues or have questions, royal trading fx offers customer support via email. You can also check their FAQ section for common queries. This guide provides a comprehensive overview of the registration, account opening, and login processes for royal trading fx. By following these steps and recommendations, you can start your trading journey confidently.
Royal Trading FX Broker - Complete Information Guide
1. Broker Overview
Royal Trading FX, officially known as Royal Trading FX Ltd, is a forex broker that has been operating since its establishment in 2018. The broker is registered in Saint Vincent and the Grenadines, a jurisdiction known for its loose regulatory environment. Royal Trading FX is a private entity, and it primarily serves retail clients interested in trading forex and other financial instruments.
The broker claims to provide its clients with access to a diverse range of tradable assets, including forex currency pairs, metals, futures, and shares. Throughout its relatively short operational history, Royal Trading FX has faced scrutiny regarding its regulatory status and the legitimacy of its operations. As a result, it has been listed as a scam broker by various financial watchdogs, raising concerns among potential clients.
Royal Trading FX operates under a business model that focuses on retail forex trading, offering various account types to cater to different trading preferences. However, the absence of a functional official website and valid regulatory information raises significant red flags regarding its credibility and operational integrity.
2. Regulatory and Compliance Information
The regulatory landscape for Royal Trading FX is concerning. The broker is currently unregulated, with no valid licenses from any recognized financial authority. Various sources indicate that it has been flagged for operating without proper authorization, leading to its inclusion on scam broker lists.
Key points regarding the regulatory status of Royal Trading FX include:
- Primary Regulatory Authority: None
- Regulatory Numbers: Not applicable due to the lack of regulation.
- Licensing Validity: The broker's license has reportedly expired, and it is operating illegally.
- Legal Entities: The broker claims to operate under the name Royal Trading FX Ltd, but no verification of its registration has been provided.
- Client Fund Segregation: There is no information available regarding the segregation of client funds, raising concerns about the safety of investors' capital.
- Investor Compensation Fund Participation: Not applicable, as the broker is unregulated.
- KYC and AML Compliance: There is no available information on the broker's adherence to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.
Given these factors, potential clients should exercise extreme caution when considering engaging with Royal Trading FX, as the lack of regulation significantly increases the risk of financial loss.
3. Trading Products and Services
Royal Trading FX claims to offer a range of trading products across various asset classes. The main offerings include:
- Forex Currency Pairs: The broker provides access to a wide selection of forex pairs, although the exact number is unspecified. Major currency pairs like EUR/USD, GBP/USD, and USD/JPY are typically included.
- CFD Products: Royal Trading FX purportedly offers Contracts for Difference (CFDs) on commodities, indices, stocks, and cryptocurrencies. However, specifics on the available instruments are limited.
- Unique Products: There are no notable unique products or exclusive trading instruments mentioned in the available resources.
- Product Update Frequency: The frequency of updates or additions to the product lineup is not disclosed.
- Retail Trading Services: Royal Trading FX focuses primarily on retail trading services, catering to individual traders looking to access financial markets.
- Institutional Client Services: There is no information available regarding services tailored for institutional clients.
- White Label Solutions: No details are provided about any white-label offerings.
- Asset Management Services: The broker does not appear to offer asset management services.
While Royal Trading FX claims to provide a variety of trading products, the lack of specific details and transparency raises concerns about the actual offerings available to clients.
4. Trading Platforms and Technology
Royal Trading FX provides its clients with access to the MetaTrader 4 (MT4) trading platform, which is widely recognized in the forex trading community for its robust features and user-friendly interface. Key aspects of the trading platforms offered by Royal Trading FX include:
- MetaTrader 4 Support: The broker supports the MT4 platform, allowing traders to utilize its extensive range of tools and features for market analysis and trading.
- Proprietary Platform Details: There is no mention of a proprietary trading platform developed by Royal Trading FX.
- Web-Based Trading Platform: The broker also offers a web-based trading platform, although specific functionalities and features are not detailed.
- Mobile Applications: Information regarding mobile application support for iOS and Android is not available.
- Execution Model: Royal Trading FX operates under an ECN execution model, which is designed to provide direct access to liquidity providers, enhancing trade execution speeds.
- Server Location and Infrastructure: Details regarding server locations and the underlying technology infrastructure are not provided.
- API Access and Automated Trading Support: There is no information available on whether the broker offers API access or support for automated trading strategies.
The reliance on MT4 is a positive aspect; however, the lack of additional platform options and information about technological infrastructure may limit the trading experience for some users.
5. Account Types and Trading Conditions
Royal Trading FX offers several account types, each designed to meet different trading needs. The specifics of these accounts include:
- Standard Account Conditions: The minimum deposit required to open a standard account is $100. The broker advertises spreads starting from 0.1 pips, but does not specify if there are any commissions associated with trades.
- Advanced Account Types: Information regarding advanced account types such as VIP or professional accounts is not provided.
- Special Accounts: There is no mention of special accounts, such as Islamic accounts or corporate accounts.
- Demo Account Policy: The availability of demo accounts is not specified, which is a concern for traders wanting to practice before committing real funds.
- Leverage Ratios: The maximum leverage offered by Royal Trading FX is 1:1000, which can amplify both potential gains and losses.
- Minimum Trade Size: The minimum trade size allowed is not explicitly stated in the available resources.
- Overnight Fees Policy: Details regarding overnight fees or swap rates are not provided.
While the account types may cater to various traders, the lack of clarity on many aspects, including fees and conditions, raises questions about the broker's transparency.
6. Fund Management
Royal Trading FX provides limited information regarding its fund management policies. Key points include:
- Supported Deposit Methods: The specific deposit methods available (e.g., bank transfer, credit card, e-wallets) are not disclosed.
- Minimum Deposit Requirements: The minimum deposit for opening an account is $100.
- Deposit Processing Times: Information regarding how long deposits take to process is not provided.
- Deposit Fees: There are no specifics about any fees associated with deposits.
- Withdrawal Methods and Restrictions: The methods available for withdrawals are not detailed, which poses a risk for potential clients.
- Withdrawal Processing Times: The processing time for withdrawals is indicated as 2-5 business days, but specifics on conditions or fees related to withdrawals are missing.
- Withdrawal Fee Structure: The broker charges a processing fee for withdrawals after the first request each month, with fees of $30 USD, €25 EUR, or £20 GBP for subsequent withdrawals.
The lack of comprehensive information regarding fund management practices is concerning and may deter potential clients from engaging with Royal Trading FX.
7. Customer Support and Educational Resources
Royal Trading FX offers limited customer support options, which include:
- Support Channels: The primary contact method is via email, with no other direct communication channels like phone or live chat mentioned.
- Service Hours and Time Zone Coverage: There is no information regarding the operational hours of customer support.
- Multilingual Support: The languages supported by customer service are not specified.
- Educational Resources: There is no mention of available educational resources such as webinars, tutorials, or e-books to assist traders.
- Market Analysis Services: Daily market analysis, news, or research reports are not provided, which may limit traders' ability to make informed decisions.
- Trading Tools: The availability of trading tools such as calculators or economic calendars is not mentioned.
The limited customer support and absence of educational resources may hinder new traders from successfully navigating the forex market.
8. Regional Coverage and Restrictions
Royal Trading FX claims to operate in various regions, but details regarding its market coverage and restrictions include:
- Primary Service Markets: The broker appears to target a global audience, but specific markets are not detailed.
- Regional Office Distribution: There is no information regarding physical offices or representative offices in different regions.
- Countries/Regions Not Accepted: The broker does not specify which countries or regions it does not accept clients from.
- Special Restrictions: There are no mentioned restrictions that would affect potential clients.
The lack of transparency regarding regional coverage and restrictions may pose a risk for traders looking to engage with Royal Trading FX.
In conclusion, while Royal Trading FX presents itself as a broker offering a variety of products and services, the significant concerns surrounding its regulatory status, customer support, and transparency raise serious questions about its legitimacy and reliability as a trading platform. Potential clients are advised to conduct thorough research and consider the risks involved before engaging with this broker.
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Latest Reviews
久违的
United Kingdom
Too bad the company Royal Trading Fx's website is no longer available. Fortunately I was not one of the victims. Hope they can recover the defrauded funds as soon as possible!
Positive
2023-02-20
FX1140945768
Singapore
Forex brokers registered with Saint Vincent and the Grenadines are, according to my friends, almost unreliable. To be on the safe side, I'll take his advice.
37130
2022-12-12
Royal Trading Fx Forex Broker has an overall rating of 1.57, Regulatory Index 0.00, License Index 0.00, Business Index 7.47, Software Index 4.00 Risk Control Index 0.00.
Anson Goh
Malaysia
This email I have received on last Saturday. Payment to be received stated as T+1-2working day. Which means I should received the payment on Tuesday. But until now (Wednesday), I haven't received any payment yet
Exposure
2021-03-03