Royal Camel

In Royal Camel, you can engage as a trader in the major markets across Europe, Asia, the United States, and Latin America, investing in diverse assets including stocks, indices, bonds, and more. But as of now, it has no regulation.

Pros and Cons

Is Royal Camel Legit?

Royal Camel operates their business under regulated situation. Besides, it was registered on 2024-03-12. Its current status is clientDeleteProhibited, clientRenewProhibited, clientTransferProhibited, and clientUpdateProhibited, which means that the domain is restricted from deletion, renewal, transfer, and updates by the client.

What Can I Trade on Royal Camel?

Royal Camel supports more than 3000 instruments including forex, indices, commodities, CFDs and ETFs.

Account Type

In Royal Camel, you can choose three types of live accounts: the Classical, Silver and Gold accounts. But it is notable that they require the minimum deposits of $200, $1000, and $25,000 respectively, which are rather high compared with other brokers.

Trading Platform

Royal Camel offers Sirix Trader trading platform. Traders can utilize the options menu to perform various actions, including locating assets to invest in, controlling operations, monitoring trades, reviewing history, managing open positions, displaying graphs with different indicators, and accessing trading signals.

The Bottom Line

In conclusion, Royal Came is a newly established forex broker offering many variety of trading products. But it is not suitable for novices because it is not regulated and require high minimum deposits.

FAQs

Is Royal Camel safe?

No. It is not regulated well.

Is Royal Camel a good for beginners?

It does not offer a standard trading platform like MT4 or demo accounts to help users familiarize themselves with trading conditions.

Is Royal Camel good for day trading?

No.

At Royal Camel, are there any regional restrictions for traders?

No.