Extrait:ROYAL TRUST GROUP, is a recently established unregulated company based in Cyprus. It offers a range of account types catering to different trading preferences. Their service encompasses major and minor currency pairs, commodities, indices, and cryptocurrencies. With leverage of up to 1:500, clients can engage in trading while considering a minimum deposit requirement that varies across account types. The company operates without regulatory oversight, and its office location is situated in Lykourgou, Cyprus. Notably, ROYAL TRUST GROUP features the widely recognized MetaTrader 4 (MT4) trading platform for its users. In terms of customer support, the company offers assistance through email channels.
Key Information | Details |
Company Name | ROYAL TRUST GROUP |
Years of Establishment | 2-5 years |
Headquarters | Cyprus |
Office Locations | Lykourgou, 38 Athienou, 7600, Larnaca, Cyprus |
Regulation | Unregulated |
Tradable Assets | Forex, Commodities, Indices, Cryptocurrencies |
Account Types | Standard, Pro, VIP, Islamic |
Minimum Deposit | $100 |
Leverage | Up to 1:500 |
Spread | From 0.6 pips |
Deposit/Withdrawal Methods | Credit/Debit cards, Bank transfers, E-wallets, Cryptocurrencies |
Trading Platforms | MetaTrader 4 |
Customer Support Options |
ROYAL TRUST GROUP, is a recently established unregulated company based in Cyprus. It offers a range of account types catering to different trading preferences. Their service encompasses major and minor currency pairs, commodities, indices, and cryptocurrencies. With leverage of up to 1:500, clients can engage in trading while considering a minimum deposit requirement that varies across account types.
The company operates without regulatory oversight, and its office location is situated in Lykourgou, Cyprus. Notably, ROYAL TRUST GROUP features the widely recognized MetaTrader 4 (MT4) trading platform for its users. In terms of customer support, the company offers assistance through email channels.
ROYAL TRUST GROUP operates without the involvement of any regulatory oversight. This unregulated status implies that the company does not have an external authority to oversee or monitor its operations. Consequently, there is no external framework dictating the standards or guidelines that the company must adhere to in its business activities.
This lack of regulation extends to various aspects of the company's operations, including its account types, tradable assets, leverage offerings, and other services. Due to this absence of regulation, there is no external body responsible for overseeing and ensuring compliance with industry standards or regulations.
Pros | Cons |
Account variety | Lack of regulation |
Commission-free accounts available | Inaccessible/dangerous website |
MT4 platform |
Pros:
Diverse Range of Account Types: ROYAL TRUST GROUP offers a variety of account types to cater to different trading preferences, providing flexibility for traders. Additionally, the company's trading offerings encompass major and minor currency pairs, commodities, indices, and cryptocurrencies, offering a broad selection of options for traders
Commission-Free Accounts: Certain account types come with the advantage of no commission charges, potentially reducing trading costs for users.
MetaTrader 4 (MT4) Platform: ROYAL TRUST GROUP provides access to the widely recognized MetaTrader 4 (MT4) trading platform, enhancing the trading experience with its comprehensive suite of tools and resources.
Cons:
Lack of Regulatory Oversight: ROYAL TRUST GROUP operates without any regulatory oversight, which can be a concern for traders who prefer to invest in regulated trading environments with external supervision.
Unresponsive Online Presence: The company's website appears to lack user-friendliness and may not have seen recent updates, which can raise questions about its current status and commitment to an online presence. Additionally, the unencrypted status of their website poses a security risk, potentially exposing user data to theft by third parties.
The unavailability of the company's website means comprehensive information about crucial aspects, including account types, minimum deposit requirements, leverage ratios, spreads, deposit/withdrawal methods, and available trading platforms are difficult to research. This unavailability of essential details raises significant concerns for potential clients, as it hampers their ability to make well-informed decisions based on their specific trading preferences. Moreover, it becomes apparent that the website itself lacks encryption, which further compounds the issue by posing potential security risks to user data. The absence of clear and encrypted information about these fundamental aspects not only impairs the user experience but also raises questions about the company's commitment to transparency and client security. In the competitive landscape of financial services, a lack of detailed and secure information can severely undermine the company's reputation and credibility.
The absence of a functional account sign-up method on the website severely hampers potential clients from easily registering and accessing trading services. This obstacle creates a barrier to entry, preventing interested individuals from becoming clients. Without a working account sign-up process, the company misses the chance to attract new traders, hindering its growth and client base expansion.
ROYAL TRUST GROUP offers trading in Forex in the forms of Major and Minor Currency Pairs, Commodities, Indices, and Cryptocurrencies. Details are as follows:
Major Currency Pairs: ROYAL TRUST GROUP allows clients to trade major currency pairs, which involve well-known global currencies like the US Dollar, Euro, and Japanese Yen. This lets traders speculate on the exchange rate movements between these widely used currencies.
Minor Currency Pairs: In addition to major currency pairs, the company offers trading in minor currency pairs. These pairs involve currencies from smaller economies, providing opportunities to trade less commonly used currencies against each other.
Commodities: ROYAL TRUST GROUP enables trading in commodities such as Gold, Silver, and Oil. Trading commodities means speculating on the price movements of valuable resources like precious metals and oil.
Indices: Indices are like snapshots of the overall performance of a group of stocks from a particular stock market. With ROYAL TRUST GROUP, traders can trade on indices like S&P 500, DAX, and FTSE 100, which represent the combined performance of several companies listed on these markets.
Cryptocurrencies: Cryptocurrencies like Bitcoin, Ethereum, and Litecoin are digital currencies that operate on technology called blockchain. ROYAL TRUST GROUP allows traders to speculate on the price movements of these digital currencies, similar to how stocks are traded in traditional markets.
The following is a table that compares ROYAL TRUST GROUP to competing brokerages:
Broker | Market Instruments |
RTG | Major/Minor Currency Pairs, Commodities, Indices, Cryptocurrencies |
OctaFX | Major/Minor Currency Pairs, Indices, Cryptocurrencies |
FXCC | Major/Minor Currency Pairs, Indices, Cryptocurrencies |
Tickmill | Major/Minor Currency Pairs, Commodities, Indices |
FxPro | Major/Minor Currency Pairs, Commodities, Indices, Cryptocurrencies |
Account types offered by ROYAL TRUST GROUP include the Standard Account, Pro Account, VIP Account, and Islamic Account. Specifics are as follows:
Standard Account: ROYAL TRUST GROUP offers the Standard Account for traders seeking basic trading conditions. This account type features no commission charges, but it comes with a monthly inactivity fee of $10. Traders can access major and minor currency pairs, commodities, indices, and cryptocurrencies while benefiting from leverage of up to 1:500. The spreads for this account start at 1.1 pips on the EUR/USD currency pair.
Pro Account: For traders seeking more favorable trading conditions, the Pro Account is available. This account type offers tighter spreads, starting at 0.9 pips on the EUR/USD, and charges a commission of $3 per lot traded. Unlike the Standard Account, the Pro Account does not have an inactivity fee. Traders can access similar tradable instruments as the Standard Account and leverage of up to 1:500.
VIP Account: ROYAL TRUST GROUP's VIP Account is designed for traders seeking the tightest spreads and a commission structure that's more favorable. With spreads starting at 0.6 pips on the EUR/USD, this account type charges a commission of $2 per lot traded. Similar to the Pro Account, the VIP Account does not have an inactivity fee, and traders can access a range of tradable assets with leverage of up to 1:500.
Islamic Account: Catering to Muslim traders, the Islamic Account offers the same spreads and commissions as the Standard Account. The key difference is that this account type does not charge swap fees, making it compliant with Islamic finance principles. Traders can access various market instruments and utilize leverage of up to 1:500 without incurring swap charges.
ROYAL TRUST GROUP offers a range of minimum deposit rates across its account types. The Standard Account requires a minimum deposit of $100, while the Pro Account mandates a minimum deposit of $250. For traders seeking the VIP Account, the minimum deposit is set at $500. The Islamic Account, tailored for Muslim traders, necessitates a minimum deposit of $100. These varied minimum deposit requirements allow traders to choose an account type that aligns with their trading preferences and initial investment capabilities.
ROYAL TRUST GROUP provides varying levels of leverage for different trade instruments, allowing clients to potentially magnify their trading positions. For forex trading, the company offers leverage of up to 1:500, while indices trading can be conducted with leverage of up to 1:200. Commodities trading is available with leverage of up to 1:100, and cryptocurrencies trading is offered with leverage of up to 1:20. This range of leverage ratios across different asset classes caters to different risk appetites and trading strategies.
The following table compares the maximum leverage offered by ROYAL TRUST GROUP with other mentioned brokerages:
Broker | Forex | Indices | Commodities | Cryptocurrencies |
RTG | Up to 1:500 | Up to 1:200 | Up to 1:100 | Up to 1:20 |
OctaFX | Up to 1:500 | Up to 1:500 | Up to 1:125 | Up to 1:2 |
FXCC | Up to 1:500 | Up to 1:200 | Up to 1:100 | Up to 1:3 |
Tickmill | Up to 1:500 | Up to 1:200 | Up to 1:100 | Up to 1:20 |
FxPro | Up to 1:500 | Up to 1:500 | Up to 1:125 | Up to 1:2 |
ROYAL TRUST GROUP provides varying spreads across its account types. The Standard Account features spreads starting at 1.1 pips on the EUR/USD currency pair. The Pro Account offers tighter spreads, starting at 0.9 pips on the same currency pair. For the VIP Account, spreads are further reduced, beginning at 0.6 pips on the EUR/USD. The Islamic Account offers spreads similar to the Standard Account. The availability of different spread options allows traders to choose an account type that aligns with their trading preferences and objectives.
ROYAL TRUST GROUP offers clients a range of deposit and withdrawal methods for added convenience. These methods include credit/debit cards such as Visa, Mastercard, and Maestro for deposits, allowing users to fund their accounts using widely accepted payment options.
Additionally, bank transfers, both wire transfers and SEPA transfers, provide traditional options for moving funds. The company also caters to modern preferences with e-wallet options like Skrill, Neteller, and PayPal, offering quick and secure transactions. Moreover, cryptocurrency enthusiasts can use Bitcoin, Ethereum, and Litecoin for deposit and withdrawal transactions.
ROYAL TRUST GROUP offers the widely recognized MetaTrader 4 (MT4) trading platform to its clients. MT4 is a robust and versatile platform that provides users with advanced charting tools, technical indicators, and an intuitive interface for executing trades. With its user-friendly design, MT4 is suitable for both novice and experienced traders.
The following table compares the trading platforms offered by ROYAL TRUST GROUP with other mentioned brokerages:
Broker | Trading Platforms |
RTG | MetaTrader 4 (MT4) |
Alpari | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
HotForex | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
IC Markets | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader |
RoboForex | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader |
ROYAL TRUST GROUP appears to only offer customer support primarily through email channels. Clients can reach out to the company's support team via email at support@royal-trust-group.com and
support@royal-trust-group.org for assistance with any inquiries, concerns, or issues they may have. The absence of other customer support options severely limits response time and quick problem resolution.
ROYAL TRUST GROUP, an unregulated brokerage that has been active for 2-5 years, offers a selection of account types tailored to cater to traders' varied preferences, but operates without regulatory oversight. The company allows clients to engage in trading across major and minor currency pairs, commodities, indices, and cryptocurrencies.
The availability of MetaTrader 4 (MT4) as the primary trading platform grants users access to a range of trading instruments. It's important to note that the company's lacks a website causing a lack of certain information and appears to lack encryption, potentially impacting the clarity of offered services and raising concerns about data security.
Q: What types of account options are available at ROYAL TRUST GROUP?
A: The company offers Standard, Pro, VIP, and Islamic account types.
Q: Does ROYAL TRUST GROUP provide leverage options for traders?
A: Yes, traders can access leverage ratios of up to 1:500 for various trade instruments.
Q: How can clients get in touch with customer support at ROYAL TRUST GROUP?
A: Customer support can be reached through email channels for assistance.
Q: Are there any commission charges for trading on specific account types?
A: Yes, the Pro and VIP account types incur commission charges on trades.
Q: What trading platform does ROYAL TRUST GROUP offer?
A: The company provides the MetaTrader 4 (MT4) trading platform.
Q: What type of tradable assets can clients access with ROYAL TRUST GROUP?
A: Clients can trade in major and minor currency pairs, commodities, indices, and cryptocurrencies.
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