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Score

1.37 /10
Danger

Royal Option

United States

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

http://www.royaloptiontrade.com

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Regulatory Index0.00

Business Index5.94

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

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

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Warning: Low score, please stay away!
Previous Detection : 2024-12-27
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Royal Option · Company summary
Royal OptionReview Summary
Founded2-5 years
Registered Country/RegionUnited States
RegulationUnregulated
Market Instruments/
Demo Account/
LeverageUp to 1:500
SpreadLow
Trading PlatformRoyal Option Trader
Min Deposit$250
Customer SupportEmail: support@RoyalOption.com

Royal Option Information

Royal Option is a broker registered in the United States. It offers access to more than 200+ markets. The broker also provides Royal Option Trader with a high leverage of up to 1:500 to trade. There are 5 major account types with a minimum deposit of $250.

Is Royal Option Legit?

The Royal Option is not regulated, making it less safe than regulated brokers. Besides, this broker's domain name is currently for sale.

Is Royal Option Legit?
Is Royal Option Legit?

Account Type

Royal Option has five account types with different deposits: Basic, Bronze, Silver, Gold, and Platinum. Open a basic account charges $250-$999, choose the bronze account will cost $1000-$2499, And so on. Traders with a sufficient budget are suitable for a platinum account because of the unlimited deposit.

Account Type BasicBronzeSilverGoldPlatinum
Deposit$250-$999$1000-$2499$2500-$9999$10000-$24999$25000-$Above

Leverage

The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.

Trading Platform

Royal Option offers a proprietary trading platform instead of authoritative MT4 or MT5. MT4 and MT5 not only provide various trading strategies but also implement EA systems.

Trading PlatformSupported
Royal Option Trader✔
Trading Platform

Deposit and Withdrawal

The minimum deposit is $250. However, due to the official website being inaccessible, transfer processing times and associated fees are unknown.

User Reviews

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FX1454187472
more than one year
I'm writing this review for Royal Option because they just wouldn't leave me alone! They kept calling and emailing me, even after I told them their account requirements were too expensive for me. I mean, seriously, who wants to deposit thousands of dollars just to start trading? And to top it off, they're not even regulated! That's a huge red flag for me.
I'm writing this review for Royal Option because they just wouldn't leave me alone! They kept calling and emailing me, even after I told them their account requirements were too expensive for me. I mean, seriously, who wants to deposit thousands of dollars just to start trading? And to top it off, they're not even regulated! That's a huge red flag for me.
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2023-03-28 21:39
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FX1306657216
more than one year
Royal Option's various transaction conditions look good, but I didn't find a demo account ... If a company does not provide a demo account, I will not trade there. I need to get familiar with their trading system first.
Royal Option's various transaction conditions look good, but I didn't find a demo account ... If a company does not provide a demo account, I will not trade there. I need to get familiar with their trading system first.
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2023-03-03 13:54
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