Global Broker governance & inquiry App

Score

0123456789
.
0123456789
0123456789
/10

ROYAL FUNDS

United Kingdom|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://www.royalfunds.co/

Website

Rating Index

Contact

00440000000000
support@Royalfunds.co
https://www.royalfunds.co/

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 : 2024-02-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Users who viewed ROYAL FUNDS also viewed..

XM

9.03
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

HFM

8.28
Score
10-15 yearsRegulated in CyprusMarket Making(MM)MT4/5 full license
Official website

CPT Markets

8.20
Score
5-10 yearsRegulated in United KingdomMarket Making(MM)MT4/5 full license
Official website

FBS

7.70
Score
5-10 yearsRegulated in CyprusMarket Making(MM)MT4/5 full license
Official website

ROYAL FUNDS · Company Summary

Note: EverMarketsefex's official site - https://www.royalfunds.co/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

ROYAL FUNDS Review Summary
Registered Country/Region United Kingdom
Regulation No Regulation
Market Instruments N/A
Demo Account N/A
Leverage N/A
Spread N/A
Trading Platforms N/A
Minimum Deposit N/A
Customer Support Phone Number: 00440000000000;
Email: support@Royalfunds.co;

What is ROYAL FUNDS?

ROYAL FUNDS is a trading platform that is based in the United Kingdom. The platform is not regulated, a fact that raises significant concerns about its safety and trustworthiness. Moreover, the company's official website is non-operational at the moment, which further limits the amount of available information about it.

ROYAL FUNDS

The lack of clarity regarding their market instruments, account details, leverage, spreads, trading platforms, and the minimum deposit requirement reduces its reliability for informed decision-making. Despite the provision of a contact number and email for customer support, the unavailability of substantial operating details makes it unreliable, particularly for beginners in the trading space.

Pros & Cons

Pros Cons
N/A
  • No Regulation
  • Lack of Information

Cons:

  • No regulation: The lack of valid regulation raises significant safety and trust concerns, as regulatory oversight is crucial for ensuring customer protection and platform transparency. There are also reports of being unable to withdraw and scams, adding to the cons of the platform.

  • Lack of Information: The company's website is non-functional, suggesting a lack of transparency and reliability. The lack of comprehensive information about trading instruments, fees, and account details hinders informed decision-making and fuels suspicion.

Is ROYAL FUNDS Safe or Scam?

ROYAL FUNDS currently lacks valid regulation, which raises significant concerns about its safety and legitimacy. Regulatory oversight is crucial for ensuring that a financial services provider operates within established standards and adheres to specific rules and requirements designed to protect investors and clients. Without proper regulation, there is an increased risk of fraudulent activities, potential scams, and inadequate consumer protection.

No license

Customer Service

BT Markets provides a comprehensive and accessible customer support network. Their support team can be reached through different channels for ultimate convenience.

  • Phone Number: 00440000000000;

  • Email:support@Royalfunds.co.

Conclusion

In conclusion, there are significant concerns pertaining to ROYAL FUNDS as a trading platform. The organization is not currently regulated, which is crucial for ensuring safety, fairness, and trustworthiness in the trading industry. Its official website is currently non-functional making it difficult for potential users to find critical information when deciding whether or not to use this broker.

Frequently Asked Questions (FAQs)

Q 1: Is ROYAL FUNDS regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: Does ROYAL FUNDS offer demo accounts?
A 2: N/A
Q 3: Is it safe to trade with ROYAL FUNDS?
A 3: No, It is unregulated and does not provide comprehensive information.
Q 4: Is ROYAL FUNDS a good broker for beginners?
A 4: No. It is not a good choice for beginners. Not only because of its suspicious clone license but also because of its inaccessible website.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Broker Information

Company Name

ROYAL FUNDS

Company Abbreviation

ROYAL FUNDS

Regulatory Status

No Regulation

Platform registered country and region

United Kingdom

Company website
Phone of the company
  • 00440000000000

Twitter

--

Facebook

--

Instagram

--

YouTube

--

Company address

--

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • support@Royalfunds.co

Company Summary

User Reviews

Sort by content

  • Sort by content
  • Sort by time

User comment

1

Comments

Write a review

BeopenJoe
more than one year
So, had a bit of a headache with Royal Funds recently. Tried logging into my MT5 demo account, and boom – glitch city! The server details were totally out of whack. Hit up the support team, and oh boy, it was like waiting for a slow train. Took ages to get the right server address. Sort it out, Royal Funds! Fix those tech hiccups and speed up that support game. Not the smoothest ride, gotta say.
2024-01-05 18:21
Reply
0
0
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;+44-7517747077
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com