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Regarding the legitimacy of Royal Tungsten forex brokers, it provides a comprehensive investigation into the security aspects of regulatory ASIC, and WikiBit, as well as whether there are any negative scam reviews.

Rating Index

WikiFX Detection

Business

Influence E

License

ASIC Revoked

Is Royal Tungsten safe?

The regulatory license is the strongest proof.

AR

ASIC Appointed Representative(AR)

Australia Securities & Investment Commission

Australia Securities & Investment Commission

Regulatory Agencies Introduction
  • Current Status:

    Revoked
  • License Type:

    Appointed Representative(AR)
Licensor:
HLK GROUP PTY LTD
Australia ASIC STP
  • Licensed Institution:

    ROYAL TUNGSTEN PTY. LTD. ROYAL TUNGSTEN PTY. LTD.
  • Effective Date:

    2022-05-27
  • Email Address of Licensed Institution:

    jason@hlkgroup.com.au
  • Sharing Status:

    No Sharing
  • Website of Licensed Institution:

    --
  • Expiration Time:

    2022-10-01
  • Address of Licensed Institution:

    118 252 Russell St Melbourne VIC 3000
  • Phone Number of Licensed Institution:

    1300 669 605
  • Licensed Institution Certified Documents:

11 name

Is Royal Tungsten a scam, or is it legit?

The latest exposure and evaluation content of Royal Tungsten brokers.

Unprofessional scammers, Glad to Digitalassetclaim
this platform uses encrypted excuses to cheat everywhere, I lost 33000 usd on it. I need to pay taxes for the withdrawal. I think it is an excuse for the black platform to cheat me.
Fraud platform. Unable to withdraw Fake website
Three weeks ago, a stranger added me on WeChat, chatted for a while and said that he invests in gold, and told me that he can make stable profits, and double it in a month. He introduced me to the Royal Tungsten platform for trading, and I went to The platform transferred 40,000 US dollars, and it was profitable at first, but after two weeks, the platform began to maintain and could not trade, and then I was about to withdraw funds, but the platform refused to withdraw funds, and told me that my account transaction was abnormal. In the protection mode, I can’t withdraw money, and asked to pay 30% as an asset audit. I transferred another 13,000 US dollars in as required. The customer service said that the audit failed and let me transfer another 30%. I went to their company according to the official website address of Royal Tungsten I wanted to transfer money face-to-face with the customer service, but the address provided by the website was fake, there was no such company at all, and the phone number displayed on Google Maps could not be reached, so I realized that this platform is a black platform. Now the account has 55,000 US dollars, and I cannot withdraw money
Unable to withdraw money and induced top-up fraud
I started to recharge and trade on this platform. After making a profit, I always wanted to withdraw some funds. The system began to display maintenance. Later, the platform said that my account was abnormal and needed to be reviewed, and kept refusing to withdraw funds. After the review, the account was frozen.
Unable to withdraw, scam!
I applied for withdrawal on 7/25 and on 7/26, I got a reply. They started to disappear on July 27th and it has been listed as a scam website by the police on July 31!
Fraud, maliciously causing abnormal account conditions as an excuse to freeze
I have been conducting normal recharge transactions and wanted to withdraw some funds. Initially, it was system maintenance, which lasted for two weeks. Later, the withdrawal was rejected. The platform now says that my account has been reviewed for anomalies for four weeks, and then notifies me that the account has been frozen, requiring me to verify 40% of the recharge transaction amount. I feel cheated.
Fraud platform. Unable to withdraw Fake website
Three weeks ago, a stranger added me on WeChat, chatted for a while and said that he invests in gold, and told me that he can make stable profits, and double it in a month. He introduced me to the Royal Tungsten platform for trading, and I went to The platform transferred 40,000 US dollars, and it was profitable at first, but after two weeks, the platform began to maintain and could not trade, and then I was about to withdraw funds, but the platform refused to withdraw funds, and told me that my account transaction was abnormal. In the protection mode, I can’t withdraw money, and asked to pay 30% as an asset audit. I transferred another 13,000 US dollars in as required. The customer service said that the audit failed and let me transfer another 30%. I went to their company according to the official website address of Royal Tungsten I wanted to transfer money face-to-face with the customer service, but the address provided by the website was fake, there was no such company at all, and the phone number displayed on Google Maps could not be reached, so I realized that this platform is a black platform. Now the account has 55,000 US dollars, and I cannot withdraw money
Royal Tungsten's latest industry rating score is 1.39, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. Royal Tungsten If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.