STS Royal Forex Broker

Note: For some unknown reason, we cannot open STS Royals official site (https://www.stsroyal.com/index.html) while writing this introduction, therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Traders should be careful about this issue. General Information & Regulation STS Royal, a trading name of STS Royal Ltd, presents itself as a crypto CFD broker registered in Saint Vincent and the Grenadines that claims to provide its clients with various tradable financial instruments on the web-based trading platforms, as well as a choice of five different live account types. As for regulation, it has been verified that STS Royal does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.33/10. Please be aware of the risk. Negative Reviews Some traders shared their terrible trading experience on the STS Royal platform at WikiFX. One said that no one replied to his emails, while the other said that he was unable to withdraw. It is necessary for traders to read reviews left by some users before choosing forex brokers, in case they are defrauded by scams. Market Instruments STS Royal advertises that it offers access to a wide range of trading instruments in financial markets, including forex pairs and various CFDs on indices, commodities, stocks and digital assets. Account Types STS Royal claims to offer five types of trading accounts, namely Explorer, Basic, Silver, Gold and Platinum. The minimum initial deposit amount is $250 for the Explorer account, while the other four account types have much higher minimum initial capital requirements of $2,500, $10,000, $25,000 and $100,000 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less. However, the broker doesnt appear to offer demo accounts. Trading Platform Available The platform available for trading at STS Royal is web-based. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5. Deposit & Withdrawal STS Royal says to accept payments with various e-wallets, including Neteller, Skrill and PayPal, as well as credit cards like VISA and MasterCard. The minimum initial deposit requirement is said to be $250, while there is no mention of what the minimum withdrawal amount is. Bonuses STS Royal claims to offer a welcome bonus of between 30% and 150%. In any case, you should be very cautious if you receive a bonus. First of all, bonuses aren't client funds, they're company funds, and fulfilling the heavy requirements that are usually attached to them can prove a very daunting and difficult task. Remember that brokers who are regulated and legitimate do not offer bonuses to their clients. Customer Support STS Royals customer support can be reached by telephone: +44 2080599853, email: support@stsroyal.com. Company address: Suite 305 Griffith Corporate Centre, 1510, Beachmont Kingstown, Saint Vincent And Grenadines. Risk Warning Online trading involves a significant level of 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.