Extrait:Royal Capital, an investment and trading platform based in Indonesia, offers a range of financial services to traders and investors. Established within the past 2-5 years, the company operates without regulatory oversight. To get started, clients can open an account with a minimum deposit of $100, gaining access to significant leverage of up to 1:500 and competitive spreads starting from 0.0 pips. Traders can choose from various account types, including Classic, STP, ECN, and Standard, each tailored to different trading preferences. The platform is powered by MetaTrader 4 and 5, renowned for their advanced features and capabilities. Royal Capital provides a diverse array of tradable assets, including equities, bonds, currencies, commodities, and futures and options.
Aspect | Information |
Company Name | Royal Capital |
Registered Country/Area | Indonesia |
Founded Year | 2-5years |
Regulation | Not regulated |
Minimum Deposit | $100 |
Maximum Leverage | Up to 1:500 |
Spreads | Starting from 0.0 pips |
Trading Platforms | MetaTrader 4 and 5 |
Tradable Assets | Equities, Bonds, Currencies, Commodities, Futures and Options |
Account Types | Classic, STP, ECN, Standard |
Customer Support | 24/5 Email and Phone support |
Deposit & Withdrawal | Bank transfer, Credit/Debit Card, Skrill |
Educational Resources | Limited educational resources |
Royal Capital, an investment and trading platform based in Indonesia, offers a range of financial services to traders and investors. Established within the past 2-5 years, the company operates without regulatory oversight. To get started, clients can open an account with a minimum deposit of $100, gaining access to significant leverage of up to 1:500 and competitive spreads starting from 0.0 pips.
Traders can choose from various account types, including Classic, STP, ECN, and Standard, each tailored to different trading preferences. The platform is powered by MetaTrader 4 and 5, renowned for their advanced features and capabilities. Royal Capital provides a diverse array of tradable assets, including equities, bonds, currencies, commodities, and futures and options.
Royal Capital operates without regulation from any overseeing authority, a factor that may trigger apprehensions regarding the exchange's transparency and supervision. Unregulated exchanges often lack the safeguards and legal protections that regulatory bodies provide. Consequently, this absence of oversight heightens the potential for fraudulent activities, market manipulation, and security vulnerabilities. Furthermore, the lack of regulatory backing can complicate the process of seeking remedies or resolving disputes for users. This overall absence of regulatory scrutiny can also cast doubts on the exchange's legitimacy and dependability, leading to a less transparent trading environment.
Pros | Cons |
Leverage up to 1:500 | No regulatory oversight |
Multiple account types | Limited market analysis and insights |
Availability of MetaTrader 4 and 5 | Limited educational resources |
24/5 customer support via email and phone | Not available in some countries or regions |
Pros:
Leverage up to 1:500: Royal Capital offers traders the opportunity to utilize high leverage, allowing them to control larger positions in the market with a relatively smaller amount of capital. This can amplify potential profits, but traders should be cautious as it also increases the risk of significant losses.
Multiple account types: The brokerage provides a variety of account types to cater to different trading preferences and strategies. Traders can choose an account type that best suits their individual needs, whether they prefer lower spreads, commissions, or other specific features.
Availability of MetaTrader 4 and 5: Royal Capital supports the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms. These platforms are known for their advanced features, customizable charts, technical indicators, and automated trading capabilities, offering traders a robust and familiar trading experience.
24/5 customer support via email and phone: Traders have access to customer support services five days a week, ensuring they can seek assistance with their inquiries or issues. Support is available through email and phone, providing multiple channels for communication.
Cons:
No regulatory oversight: Royal Capital operates without regulation from any overseeing authority. This absence of regulatory oversight can raise concerns about the safety and transparency of the brokerage, as it may lack the regulatory safeguards and legal protections offered by regulated entities.
Limited market analysis and insights: The brokerage may provide limited market analysis tools and insights to assist traders in making informed decisions. Comprehensive market analysis tools are essential for staying updated on market trends, news, and developments.
Limited educational resources: Royal Capital appears to offer limited educational resources for traders. Educational materials, such as tutorials, webinars, and educational articles, are valuable for traders, particularly beginners, looking to enhance their knowledge and skills.
Not available in some countries or regions: Royal Capital's services may not be accessible in certain countries or regions. This regional availability constraint could limit access to the brokerage's offerings for potential clients located in unsupported areas.
Royal Capital's extensive portfolio of trading assets encompasses a diverse array of financial instruments, including:
Equities: Royal Capital engages in trading activities involving stocks and Exchange-Traded Funds (ETFs) across global exchanges. This includes prominent markets such as the Abu Dhabi Securities Exchange, Dubai Financial Market, and Nasdaq, providing clients with access to a wide spectrum of investment opportunities.
Bonds: Royal Capital actively trades government and corporate bonds originating from various countries. This broad selection allows investors to diversify their portfolios and participate in fixed-income markets worldwide.
Currencies: Royal Capital conducts currency trading operations, encompassing both major and minor currencies. Clients can engage in forex trading involving currencies such as the US dollar, euro, British pound, and Japanese yen, enabling them to capitalize on global currency fluctuations.
Commodities: The company's trading activities extend to commodities like oil, gold, silver, and other valuable resources. This commodity trading offers investors exposure to the dynamics of global commodity markets.
Futures and Options: Royal Capital participates in futures and options trading across a range of underlying assets. These assets include equities, bonds, currencies, and commodities, allowing traders to employ various strategies to manage risk and enhance returns.
Royal Capital offers a diverse range of account types, catering to the specific needs and preferences of traders.
The Classic Account provides a straightforward trading experience with competitive leverage and spreads, making it an ideal choice for those new to trading or with a lower initial deposit.
The STP Account offers tighter spreads and direct market access, accompanied by a reasonable commission per lot traded, making it suitable for traders seeking more advanced features.
For experienced traders looking for the tightest spreads and direct market access, the ECN Account, with its competitive commission fee, provides an optimal solution.
Lastly, the Standard Account offers a balanced approach between leverage and spreads, catering to traders with moderate risk tolerance.
Account Type | Leverage | Spread | Commission | Minimum Deposit | Withdrawals |
Classic | 1:30 to 1:500 | Starting from 1.5 pips | None | $100 | Same day processing, no fees |
STP | 1:30 to 1:500 | Starting from 0.7 pips | $0.03 per lot | $500 | Same day processing, no fees |
ECN | 1:30 to 1:500 | Starting from 0.0 pips | $0.05 per lot | $1,000 | Same day processing, no fees |
Standard | 1:30 to 1:500 | Starting from 1.0 pips | None | $1,500 | Same day processing, no fees |
Opening an account with Royal Capital can be done in a few straightforward steps. Here's a detailed guide on how to open an account with Royal Capital:
Visit the Royal Capital Website:
Start by accessing the official Royal Capital website. Ensure that you are using a secure and reputable website to access their services.
Account Registration:
On the website's homepage, you should find an option to “Register” or “Open an Account.” Click on this option to initiate the registration process.
Provide Personal Information:
You will be prompted to provide personal information. This typically includes your full name, date of birth, contact details (email address and phone number), and residential address. Make sure the information is accurate and up-to-date.
Choose an Account Type:
Royal Capital may offer different types of trading accounts. Select the one that best suits your trading needs. Common options include classic, STP, ECN, and standard accounts. Each account type may have specific features and requirements.
Complete Verification:
To comply with regulatory requirements, you may need to complete a verification process. This often involves providing identification documents, such as a passport or driver's license, as well as proof of residence, like a utility bill. Follow the instructions provided for document submission.
Fund Your Account:
Once your account is approved and verified, you can fund it. Choose from the available deposit methods, which may include bank transfers, credit/debit cards, or other online payment options. Ensure that you meet the minimum deposit requirement specified by Royal Capital.
Start Trading:
After your account is funded, you can log in to the trading platform provided by Royal Capital. Here, you can access the financial markets, execute trades, and manage your investments.
Royal Capital offers a maximum leverage of 1:500 for all its account types. Leverage is a tool that allows traders to control larger positions with a relatively smaller amount of capital. With a maximum leverage of 1:500, traders can potentially amplify their trading positions by up to 500 times their initial investment.
While high leverage can magnify profits, it also significantly increases the level of risk involved in trading. Traders should exercise caution when using high leverage, as it can lead to substantial losses if the market moves against their positions. It's essential for traders to have a clear understanding of how leverage works and to implement proper risk management strategies to protect their investments.
Royal Capital offers different spreads and commission structures depending on the chosen account type. Here's a description of the spreads and commissions for each account type:
Classic Account: This account type offers spreads starting from 1.5 pips and does not incur any commission fees. The spreads represent the difference between the bid and ask prices and can vary depending on market conditions. Classic accounts are suitable for traders looking for straightforward trading with wider spreads but no additional commission charges.
STP Account: STP accounts provide spreads starting from 0.7 pips, making them more competitive than the Classic account. However, there is a commission fee of $0.03 per lot traded. Traders using STP accounts benefit from tighter spreads but pay a commission on each lot traded. This account type is suitable for traders who prioritize lower spreads and are willing to pay a commission for it.
ECN Account: The ECN account offers spreads starting from 0.0 pips, which can be extremely tight, especially during high liquidity periods. However, it comes with a higher commission fee of $0.05 per lot traded. ECN accounts are ideal for traders seeking the narrowest spreads and direct market access, even if it means paying a higher commission.
Standard Account: Standard accounts have spreads starting from 1.0 pips and do not charge any additional commission fees. These accounts strike a balance between spreads and commissions, offering moderate spreads without commission charges. Traders who prefer a straightforward trading experience without commission costs may opt for Standard accounts.
Royal Capital offers its traders access to the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms. These platforms are renowned in the industry for their advanced features, user-friendly interfaces, and comprehensive tools designed to cater to traders of all experience levels. Here's a description of these trading platforms:
MetaTrader 4 (MT4): MT4 is a widely recognized and established trading platform known for its stability and versatility. It provides traders with an intuitive interface that allows for efficient order execution and seamless navigation. Key features of MT4 include:
Advanced Charting: MT4 offers an extensive array of technical indicators and charting tools, enabling traders to conduct in-depth technical analysis.
Automated Trading: Traders can utilize Expert Advisors (EAs), which are automated trading scripts, to automate trading strategies based on predefined criteria.
Customization: MT4 allows traders to customize their charts, indicators, and templates to suit their trading preferences.
Real-time Market Data: The platform provides real-time market quotes, ensuring traders have access to up-to-date pricing information.
One-Click Trading: MT4 offers one-click trading, which can be convenient for quick order placement.
MetaTrader 5 (MT5): MT5 is the successor to MT4 and offers enhanced features and capabilities. It builds upon the strengths of MT4 and includes additional assets for trading, making it suitable for a broader range of markets. Key features of MT5 include:
More Timeframes: MT5 provides a wider range of timeframes for chart analysis, accommodating various trading strategies.
Additional Market Instruments: Traders can access a broader selection of assets, including more cryptocurrencies and commodities.
Economic Calendar: MT5 includes an integrated economic calendar, allowing traders to stay updated on important economic events.
Hedging: MT5 offers a hedging option, allowing traders to have multiple positions open in the same instrument simultaneously.
Built-in Economic Indicators: The platform features built-in economic indicators that can assist traders in making informed decisions.
Royal Capital offers a range of payment methods to accommodate the needs of its traders. Here's a description of the payment methods, along with details on the minimum deposit and payment processing times:
Payment Methods:
Royal Capital supports several convenient payment methods, ensuring that traders can choose the one that best suits their preferences. These payment methods typically include:
Bank Transfer: Traders can fund their accounts via bank transfers, which involve transferring funds directly from their bank accounts to their Royal Capital trading accounts. Bank transfers are a secure and widely accepted method.
Credit/Debit Cards: Royal Capital accepts deposits and withdrawals through major credit and debit cards, such as Visa and MasterCard. Using cards for transactions offers convenience and is usually processed quickly.
E-wallets: The brokerage may also support e-wallets like Skrill and Neteller. E-wallets provide a convenient way to manage funds and often offer fast transaction processing.
Minimum Deposit:
The minimum deposit requirement at Royal Capital may vary depending on the type of trading account and the chosen payment method. Typically, minimum deposits start at $100, but specific account types may have different requirements. It's important for traders to review the account type they wish to open to determine the exact minimum deposit for their chosen account.
Payment Processing Time:
Payment processing times can vary based on the selected payment method. Here's a general guideline:
Bank Transfer: Bank transfers may take longer to process, often ranging from 2 to 5 business days. Processing times may also depend on the trader's bank and any intermediary institutions involved.
Credit/Debit Cards: Deposits made via credit or debit cards are typically processed immediately or within a few hours. Withdrawals to these cards may take a similar amount of time.
E-wallets: Transactions through e-wallets like Skrill and Neteller are known for their speed, with deposits and withdrawals often processed promptly, often within the same business day.
Royal Capital offers multiple channels for traders to reach out and seek assistance. These channels include:
Email Support: Traders can contact Royal Capital's customer support team via email. This method allows for detailed inquiries or requests to be communicated in writing, and traders can expect to receive responses within a reasonable timeframe. The email address for support inquiries is typically provided on the brokerage's official website.
Phone Support: In addition to email, Royal Capital often offers telephone support. Traders can call a designated phone number to speak directly with customer support representatives. This channel provides real-time communication, allowing traders to address their queries more interactively.
Royal Capital falls short in providing comprehensive educational resources, which can pose challenges for newcomers looking to familiarize themselves with the platform and cryptocurrency trading. The absence of essential educational materials such as a comprehensive user guide, video tutorials, live webinars, and informative blogs can hinder the learning process for new users.
This deficiency in educational resources may result in novice traders making errors and incurring losses, potentially discouraging them from further engagement in trading activities. To bridge this gap, Royal Capital could consider enhancing its educational offerings to provide valuable guidance and support to users seeking to gain proficiency in cryptocurrency trading.
In conclusion, Royal Capital offers traders the advantages of high leverage options, multiple account types, availability of MetaTrader 4 and 5, and responsive customer support.
However, the absence of regulatory oversight raises concerns about the brokerage's transparency and safety. Additionally, limited market analysis tools and educational resources may hinder traders' ability to make informed decisions and enhance their skills. The regional availability constraints further limit its accessibility to potential clients in certain areas. Therefore, prospective traders should carefully weigh these advantages and disadvantages when considering Royal Capital for their trading needs.
Q: Is Royal Capital regulated?
A: No, Royal Capital is not regulated by any regulatory authority, which may raise concerns about the transparency and oversight of the exchange.
Q: What are the account types available at Royal Capital?
A: Royal Capital offers several account types, including Classic, STP, ECN, and Standard accounts.
Q: What is the minimum deposit requirement at Royal Capital?
A: There is no minimum deposit requirement at Royal Capital, making it accessible for traders with varying capital levels.
Q: What trading platforms are available at Royal Capital?
A: Royal Capital provides access to the popular MetaTrader 4 and 5 trading platforms, known for their user-friendly interface and powerful trading tools.
Q: How can I contact customer support at Royal Capital?
A: You can reach Royal Capital's customer support via email and live chat, providing assistance during your trading journey.
Q: What is the maximum leverage offered by Royal Capital?
A: Royal Capital offers a maximum leverage of up to 1:500, allowing traders to control larger positions with a relatively smaller initial capital.
Q: What are the available deposit and withdrawal methods at Royal Capital?
A: Royal Capital supports bank transfers, credit/debit card payments, and e-wallets for both deposit and withdrawal transactions.
Q: Does Royal Capital offer educational resources for traders?
A: Unfortunately, Royal Capital lacks comprehensive educational resources, which may make it challenging for new users to learn how to use the platform and trade cryptocurrencies effectively.
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