In this section we will analyze the broker RoyalFinance24, is a Forex and CFD broker. Is RoyalFinance24 really recommended for making an investment? Or is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it.
You might be wondering why we do a review on RoyalFinance24… It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, providing key information about the company, we disclose information that every investor should know before deciding or not, to invest with an investment company.
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
The broker mentions being part of: Royal Financial Trading (Cy) Ltd.
As to its location, The broker mentions being based in: England, but when looking for Royal Financial Trading (Cy) Ltd., we noticed that it is a Cyprus-based company, so it is not clear.
If we analyze the broker's regulation: it mentions having the Cyprus license number 312/16, but when looking for this license we noticed that it is from another broker. Everything indicates that RoyanFinance24 is an unregulated broker
If now we go on to analyze account types that RoyalFinance24 offers, we note that they offer 4 different types of account: the Mini Account, the Standard Account, the Gold Account and the Platinum Account. We leave an image with a little information about each type of account.
Mini Account- Minimum initial deposit of $ 250.
Standard Account- Minimum initial deposit of $ 2.500, online chat, access to all the features of the platform.
Gold Account: minimum initial deposit of $ 20.000, online chat, access to all platform features, SMS - signals, VIP manager, individual hotline.
Platinum Account: minimum initial deposit of $ 150.000, online chat, access to all platform features, SMS - signals, VIP manager, individual hotline, special promotions, personal reports on the stock market.
In the following image you can have more information about the types of account. Click here to see the image in full size.
Las platforms to operate that RoyalFinance24 offers are: we believe that RoyalFinance24's own platform.
We will now analyze the different resources and aids for traders that RoyalFinance24 provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.
RoyalFinance24 provides the following help or resources to traders or interested parties (we recall that the website does not have a Spanish version): basic explanation about the products that RoyalFinance24 offers, economic calendar, some news about the financial markets, really not much more .
Other information about RoyalFinance24
Some more information in case you want to contact the company, or see its website for yourself.
Phone number+44 208 089 5245
Email: [email protected] and support.royalfinance24 (Skype)
>>> Rating on RoyalFinance24 <<
Ending with this section, in our opinion Do we believe that RoyalFinance24 company is trustworthy? Should you invest your money with the company?
The truth is that, we believe that it is better to be careful because: it is an unregulated broker, it is not clear where it really has a base, when looking for evaluations on RoyalFinance24 we find mostly negative evaluations. We suggest using caution.
We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.