Global Broker governance & inquiry App

Score

0123456789
.
0123456789
0123456789
/10

Royal Asset Gold

Saint Vincent and the Grenadines|1-2 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://royalasset-gold.com/

Website

Rating Index

Contact

+1 5067994065
support@royalasset-gold.com
https://royalasset-gold.com/
Suite 305, Griffith Corporate Centre Kingstown, St. Vincent and the Grenadines, P.O Box 1510

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

Open Now

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Users who viewed Royal Asset Gold also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

GTC

8.15
Score
10-15 yearsRegulated in United KingdomStraight Through Processing(STP)MT4/5 full license
Official website

IsandisoFX

7.48
Score
Within 1 yearRegulated in South AfricaFinancial Service CorporateMT4/5 full license
Official website

FXGT.com

7.62
Score
2-5 yearsRegulated in CyprusMarket Making(MM)MT4/5 full license
Official website

Royal Asset Gold · Company Summary

Aspect Information
Registered Country/Area Saint Vincent and the Grenadines
Founded year 1-2 years
Company Name Royal Asset Gold Ltd
Regulation Suspicious Regulatory License
Minimum Deposit Standard: 5 JUTA IDR
Maximum Leverage Not mentioned
Spreads Starting from 0.0 pips
Trading Platforms MetaTrader 4 (MT4)
Tradable assets Forex, Gold, Silver, Oil, Indices
Account Types Standard, Advance, Pro
Demo Account Available
Islamic Account Not mentioned
Customer Support Phone: +15067994065, Email: support@royalasset-gold.com, Social Media: Facebook, Twitter, YouTube, Pinterest
Payment Methods Not mentioned
Educational Tools Not mentioned

Overview of Royal Asset Gold

Royal Asset Gold, based in Saint Vincent and the Grenadines, operates without valid regulation, which means there is no official oversight or supervision governing their operations. It is important to exercise caution and be aware of the associated risks when considering any involvement with this broker.

Despite the lack of regulation, Royal Asset Gold offers a variety of market instruments for trading. This includes forex trading, allowing users to trade currency pairs from different economies, gold and silver trading, where investors can engage in the trading of precious metals, oil trading, enabling positions on the price movements of crude oil, and index trading, where investors can trade on the performance of various market indices.

The company offers different types of accounts, including Standard, Advance, and Pro accounts, each with their own minimum deposit requirements and features. Traders can also practice using a demo account before trading with real funds. The trading platform provided by Royal Asset Gold is MetaTrader 4 (MT4), which is widely recognized in the financial industry and offers a range of tools and features for trading.

Royal Asset Gold operates 24 hours a day, 6 days a week, allowing traders to take advantage of trading opportunities at various times. Customer support services are available through telephone and email channels to address any inquiries or concerns.

 basic-info

Pros and Cons

Royal Asset Gold offers a range of pros and cons for traders to consider. On the positive side, the platform provides a wide range of market instruments, catering to various investment preferences and strategies. Traders can also choose from multiple account types to suit their individual needs. Additionally, a demo account is available for practice and familiarization. The platform utilizes the popular MetaTrader 4 (MT4) trading platform, known for its user-friendly interface. Traders can enjoy 24/6 trading opportunities and access customer support services. However, there are some drawbacks to consider. The lack of valid regulation and oversight raises concerns about the platform's credibility. There is limited information available about spreads, commissions, withdrawal, and deposit methods. Minimum deposit requirements vary for different account types, and details about trading conditions and leverage options are scarce. The platform also lacks comprehensive educational resources and advanced trading tools.

Pros Cons
Wide range of market instruments available Lack of valid regulation and oversight
Multiple account types for different traders Limited information about spreads and commissions
Demo account for practice and familiarization Limited information on withdrawal and deposit methods
MetaTrader 4 platform for easy trading Minimum deposit requirements for different account types
Spreads from 0.0 pips Limited information on trading conditions and leverage options
24/6 trading opportunities Lack of educational resources
Customer support services available Lack of advanced trading tools mentioned

Is Royal Asset Gold Legit?

Royal Asset Gold, unfortunately, lacks valid regulation at present. This means that there is no official oversight or supervision governing their operations. It is crucial to exercise caution and acknowledge the associated risks when considering any involvement with this broker.

regulation

Market Instruments

Royal Asset Gold offers a range of market instruments for trading, catering to various investment preferences and strategies.

Forex Trading: The platform enables users to participate in the foreign exchange market, allowing them to trade currency pairs from different economies. Popular examples include EUR/USD (Euro/US Dollar), GBP/JPY (British Pound/Japanese Yen), and AUD/CAD (Australian Dollar/Canadian Dollar).

Gold Trading: Investors can engage in the trading of gold, a precious metal with a significant influence on the global economy. Contracts for Difference (CFDs) on gold, spot gold, and gold futures are among the options available on the platform.

Silver Trading: Royal Asset Gold also provides the opportunity to trade silver, another precious metal with considerable market importance. Silver CFDs, spot silver, and silver options are some of the instruments accessible to traders.

Oil Trading: The platform facilitates trading in the oil market, where investors can take positions on the price movements of crude oil. Instruments such as Brent Crude Oil, West Texas Intermediate (WTI) Crude Oil, and Oil ETFs are examples of the oil-related products offered.

Index Trading: Investors can trade on the performance of various market indices, representing a basket of stocks from specific exchanges or sectors. Examples of indices available for trading include the S&P 500, NASDAQ 100, and FTSE 100.

market-instruments

Pros and Cons

Pros Cons
Diversification: Wide range of market instruments Lack of detailed information on trading conditions and terms
Opportunity to trade popular currency pairs Limited educational resources for market instrument trading
Exposure to precious metals and their market dynamics

Account Types

STANDARD: The Standard account offered by Royal Asset Gold requires a minimum deposit of 5 JUTA IDR. With this account, traders can benefit from various features such as a $1 commission, trading signals, real-time market updates, and reward points with exciting prizes.

ADVANCE: For those looking for a more advanced trading experience, Royal Asset Gold offers the Advance account. The minimum deposit for this account is 100 JUTA IDR. Traders with an Advance account can enjoy a $1 commission, trading signals, real-time market updates, trading analytics, and rebates of up to $5 per settled lot.

PRO: The Pro account is designed for experienced traders and requires a minimum deposit of 500 JUTA IDR. With the Pro account, traders have access to a $1 commission, trading signals, real-time market updates, trading analytics, and attractive rebates of up to $10 per settled lot.

In addition to the various account types, Royal Asset Gold also provides a demo account for traders to practice and familiarize themselves with the platform without risking real funds.

account-types

Pros and Cons

Pros Cons
Standard account offers a low minimum deposit and various features such as trading signals and real-time updates Limited information about trading conditions and leverage options
Advance account provides advanced features including trading analytics and rebates up to $5 per settled lot Lack of transparency regarding spreads and commissions
Pro account caters to experienced traders with attractive rebates up to $10 per settled lot

How to Open an Account?

To open an account, follow these steps:

  1. Visit the Royal Asset Gold website or platform.

  2. Look for the options to open an account, usually labeled as “Buka Akun Demo” (Open Demo Account) and “Buka Akun Live” (Open Live Account).

  3. If you want to practice trading with virtual funds, click on “Buka Akun Demo” to open a demo account. This allows you to familiarize yourself with the platform and trading features without risking real money.

    open-account
  4. If you're ready to open a live trading account and start trading with real funds, click on “Buka Akun Live.”

  5. Fill in the required information in the registration form, which typically includes:

    1. Full name

    2. Email address

    3. Phone number

    4. Broker Representative Code (if applicable)

  6. Once you have completed the form, click on the “Daftar” or “Submit” button to finalize your account registration.

    open-account
  7. Follow any additional instructions provided by Royal Asset Gold, such as verifying your email address or providing additional documentation if required.

  8. After your account is successfully registered, you will receive further instructions on how to access and manage your account.

Spreads & Commissions

The Standard account has a $1 commission per trade, while the Advance and Pro accounts provide rebates of up to $5 and $10 per settled lot, respectively. The company claims to have spreads starting from 0.0 pips.

Minimum Deposit

Royal Asset Gold has different minimum deposit requirements for its account types. The Standard account requires a minimum deposit of 5 JUTA IDR, the Advance account requires 100 JUTA IDR, and the Pro account requires 500 JUTA IDR.

Trading Platforms

Royal Asset Gold offers its clients the MetaTrader 4 (MT4) trading platform, a widely recognized and popular platform in the financial industry. MT4 provides traders with a user-friendly interface, making it easy to navigate and execute trades. The platform offers a range of tools and features, including advanced charting capabilities, technical analysis indicators, and customizable trading strategies. With the MT4 platform, traders can access real-time market data, monitor their positions, and execute trades.

In addition to the desktop version of MT4, Royal Asset Gold also provides a mobile application for trading on the go. The mobile app enables traders to access their accounts, view real-time market prices, place trades, and manage their positions from their smartphones or tablets.

Pros and Cons

Pros Cons
MetaTrader 4 platform offers a user-friendly interface, making it easy to navigate and execute trades Limited information on advanced trading tools provided
Range of tools and features available, including advanced charting capabilities and technical analysis indicators Lack of information on customization options and flexibility in trading strategies
Mobile application allows traders to access accounts, view real-time market prices, and place trades Limited information on platform stability, reliability, and technical support

Trading Hours

Royal Asset Gold offers trading opportunities 24 hours a day, 6 days a week. The forex market operates around the clock as it involves different countries and time zones. With the knowledge of market hours in various countries, traders can determine the optimal trading time for potential profits. The currency pairs are more active during the trading hours of the respective countries' exchanges. Some major exchange opening and closing times include Sydney (04:00 - 13:00), Tokyo (06:00 - 15:00), London (14:00 - 23:00), and New York (19:00 - 04:00) in their respective time zones.

trading-hours

Customer Support

Royal Asset Gold provides customer support services to assist traders with their inquiries and concerns. Traders can reach out to the customer support team through various channels, including telephone and email. The telephone number to contact customer support is +15067994065, and the email address is support@royalasset-gold.com. The support team is available to answer questions, address issues, and aid. Customers can also follow the company on social medias, such as Facebook, Twitter, Youtube and Pinterets.

customer-support

Conclusion

In conclusion, Royal Asset Gold presents both advantages and disadvantages. On the positive side, the platform offers a variety of market instruments for trading, including forex, gold, silver, oil, and index trading. It also provides multiple account types to cater to different trading preferences. Additionally, the availability of the MetaTrader 4 platform, both on desktop and mobile, offers convenience to traders who prefer a user-friendly interface.

However, there are significant concerns that potential users should be aware of. Firstly, Royal Asset Gold lacks valid regulation at present, which means there is no official oversight or supervision governing their operations. This raises questions about the legitimacy and safety of the platform. Furthermore, the minimum deposit requirements for various account types may be considered high for some traders. Additionally, the company's suspicious regulatory license and scope of business may raise red flags and warrant caution when considering involvement with this broker.

FAQs

Q: Is Royal Asset Gold a legitimate company?

A: Royal Asset Gold lacks valid regulation at present, raising concerns about its legitimacy and oversight.

Q: What market instruments are available for trading with Royal Asset Gold?

A: Royal Asset Gold offers trading opportunities in forex, gold, silver, oil, and various market indices.

Q: What types of trading accounts does Royal Asset Gold offer?

A: Royal Asset Gold provides Standard, Advance, and Pro trading accounts, catering to different trading preferences and experience levels.

Q: What are the spreads, commissions, and minimum deposit requirements?

A: Royal Asset Gold has spreads starting from 0.0 pips. The Standard account has a $1 commission, while the Advance and Pro accounts offer rebates up to $5 and $10 per settled lot, respectively. Minimum deposit requirements vary for each account type.

Q: What trading platform does Royal Asset Gold offer?

A: Royal Asset Gold uses the MetaTrader 4 (MT4) platform, available for desktop and mobile devices, providing advanced trading features and user-friendly interface.

Q: What are the trading hours with Royal Asset Gold?

A: Royal Asset Gold offers trading opportunities 24 hours a day, 6 days a week, aligning with different countries' exchange opening and closing times.

Q: How can I contact customer support?

A: Royal Asset Gold's customer support can be reached via phone at +15067994065 or through email at support@royalasset-gold.com. They are available to assist with inquiries and provide support.

Broker Information

Company Name

Royal Asset Gold Ltd

Company Abbreviation

Royal Asset Gold

Regulatory Status

No Regulation

Platform registered country and region

Saint Vincent and the Grenadines

Phone of the company
  • +1 5067994065

Twitter

--

Facebook

--

Instagram

--

YouTube

--

Company address
  • Suite 305, Griffith Corporate Centre Kingstown, St. Vincent and the Grenadines, P.O Box 1510

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • support@royalasset-gold.com

Company Summary

User comment

0

Comments

Write a review

No comment yet

start to write first comment

TOP
Select Country/District
United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com