✔️ Information reviewed and updated in December 2023 by Pedro Martínez González

In this section we will tell you why You should NOT invest in COIN-ROYAL. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…

A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about COIN-ROYAL and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websitecoin-royal.com
🏠 Company*Businesoft Limited
RegulationNot regulated
📧 email[email protected]
📈 Leadingown platform
📌 AddressFirst Floor, First St. Vincent Bank Ltd. Building, James Street, Kingstown, Saint Vincent and the Grenadines

⚠️ COIN-ROYAL is owned by Businesoft Limited, the company is located in Saint Vincent and the Grenadines, potentially dangerous for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. The company is located in a very unsafe place, be careful. ⚠️

Account types

Now we will analyze the types of accounts offered by COIN-ROYAL, in this case, we observe that it offers 4 different types of accounts:

Account typeMinimum initial deposit
Standard$250
More$25000
Gold$100000
Expert$250.000

Information on the web

COIN ROYAL website

COIN-ROYAL provides a basic explanation about the financial products it offers, market news and analysis, live charts, really not much more than this.

List of phone numbers

At the moment we have not found phone numbers.

🚫 Final valuation of COIN-ROYAL 🚫

Finally, and in a few words, our recommendation is: DO NOT INVEST WITH COIN-ROYAL.

As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.

In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!

Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.

Updates

News about COIN-ROYAL:

Date Update – news
July 2023Complaint against COIN-ROYAL of financial regulator FCA
July 2023Complaint against COIN-ROYAL of financial regulator CNMV

User Reviews

What do you think of COIN ROYAL? What has been your experience?

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with COIN-ROYAL.

At the end of the review you will find customer comments.


How to Claim Money scammed by COIN-ROYAL

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report COIN-ROYAL

If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.

FAQs

How can I report COIN-ROYAL?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is COIN-ROYAL a scam – is it a scam?

Yes. We believe that COIN-ROYAL is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.

Is COIN-ROYAL trustworthy?

No. COIN-ROYAL is not trustworthy, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.

How to recover money from COIN-ROYAL?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

Are there (recommended) alternatives to COIN-ROYAL?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.


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About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

6 comments on «Is COIN ROYAL a scam? Opinions of 2023»

  1. Concepcion Diaz Sanchez Reply

    My name is Concepcion Diaz. In coin royal they have cheated me of €100.000.
    I asked for loans up to €100.000. A certain Matías Berg and Diego Cortez called me. Then he started calling me a certain Federico.
    Now they call me to ask for more money and if I say no they insult me.
    They squeeze me, they threaten me.
    They have blocked my pension due to a transfer they made in my name.
    I suppose that the apartment that my parents left me will be repossessed since with €1200 that I receive for a disability pension, I cannot pay the loans.

    • Recommended-brokers.com Reply

      Hello Concepcion, thank you for commenting on COIN-ROYAL. This broker is a SCAM. The CNMV (Spanish Financial Regulator) has already warned about them, for fraud and not being regulated (See CNMV link). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To recover your money, try our CHAT or in the FORM of this link: CLAIM YOUR MONEY
      Greetings.

  2. ANONIMO Reply

    They were denounced by the CNMV

    • Recommended-brokers.com Reply

      Hello ANONYMOUS, thank you for commenting on COIN-ROYAL. This broker is a SCAM. The CNMV (Spanish Financial Regulator) has already warned about them, for fraud and not being regulated (See CNMV link). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To recover your money, try our CHAT or in the FORM of this link: CLAIM YOUR MONEY
      Greetings.

  3. Joaquin Reply

    This company will not let you withdraw. I assure you, I'm still trying to withdraw and I can't, don't do it, you'll thank me later. Greetings.

    • Recommended-brokers.com Reply

      Hi Joaquin, thanks for writing about COIN-ROYAL. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY

      Greetings.

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