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ROYAL FUNDS -

Score

1.51 /10
Danger

ROYAL FUNDS

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.royalfunds.co

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Score

Regulatory Index0.00

Business Index6.97

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2025-01-09
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

ROYAL FUNDS · Company summary

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 Summary
Founded2018
Registered Country/RegionUnited Kingdom
RegulationNo regulation
Market InstrumentsForex, CFDs and binary options
Demo Account❌
LeverageUp to 1:1000
Spread3 pips
Trading PlatformMT4 (Provided by third-party software), Status Pro
Min Deposit$250
Customer 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 Cons

ProsCons
Flexible leverage ratiosInaccessible website
No regulation
Flagged by the Italian regulator
No demo accounts
Wide spreads
High minimum deposit
Limited contact channel

Is ROYAL FUNDS Legit?

No. ROYAL FUNDS currently has no valid regulations. Please be aware of the risk!

No license
Domain information

What Can I Trade on ROYAL FUNDS?

ROYAL FUNDS presents itself as specializing in forex, CFDs and binary options trading.

Tradable InstrumentsSupported
Forex✔
CFDs✔
Binary options✔
Bonds❌
ETFs❌

Account Type

Account TypeMin Deposit
Standard$250
Silver$10,000
Gold$25,000
VIP$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
Standard1:200
Silver1:200
Gold1:400
VIP1:1000

Trading 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✔/Beginners
MT4✔/Beginners
MT5❌/Experienced traders

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BeopenJoe
more than one year
So, had a bit of a headache with Royal Funds recently. Tried logging into my MT5 demo account, and boom – glitch city! The server details were totally out of whack. Hit up the support team, and oh boy, it was like waiting for a slow train. Took ages to get the right server address. Sort it out, Royal Funds! Fix those tech hiccups and speed up that support game. Not the smoothest ride, gotta say.
So, had a bit of a headache with Royal Funds recently. Tried logging into my MT5 demo account, and boom – glitch city! The server details were totally out of whack. Hit up the support team, and oh boy, it was like waiting for a slow train. Took ages to get the right server address. Sort it out, Royal Funds! Fix those tech hiccups and speed up that support game. Not the smoothest ride, gotta say.
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2024-01-05 18:21
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