In this section we will analyze the broker RoyaltyFinance (also called royaltyfinance.io), is a Forex, Cryptocurrency and CFD broker. Is RoyaltyFinance really recommended to make 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 review RoyaltyFinance. 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, by providing key information about the company, we disclose information that every investor should know before leaning or not, for 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: they don't mention it.
As to its location, the broker does not mention where it is located.
If we analyze the regulation of the broker: they do not mention anything about being a regulated broker, which makes us think that it is an unregulated broker.
If now we go on to analyze account types offered by RoyaltyFinance, we note that it offers 4 different types of account / plans: Micro Account, Standard Account, Gold Account and VIP Account. We leave an image with a little information about each type of account.
Micro account- Minimum initial deposit of $ 250, leverage up to 1: 100, no commission, Personal Account manager- Info, 24/5 phone trading and live chat, guaranteed stop loss, negative balance protection.
Standard Account- Minimum initial deposit of $ 15.000, leverage up to 1: 200, no commission, Personal Account manager- Info, 24/5 phone trading and live chat, guaranteed stop loss, negative balance protection.
Gold Account- Minimum initial deposit of $ 55.000, leverage up to 1: 400, no commission, Personal Account manager- Info, 24/5 phone trading and live chat, guaranteed stop loss, negative balance protection.
VIP account: Minimum initial deposit of $ 80.000, leverage up to 1: 400, no commission, Personal Account manager - Information, 24/5 phone trading and live chat, guaranteed stop loss, negative balance protection.
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 RoyaltyFinance offers are: the MT4 platform.
We will now analyze the different resources and aids for traders that RoyaltyFinance provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.
RoyaltyFinance provides the following aids or resources to traders or stakeholders: some live charts, economic calendar, financial news, calculators, really not much more than this.
| Other information about RoyaltyFinance |
Some more information in case you want to contact the company, or see its website for yourself.
Phone number: does not have.
>>> Assessment on RoyaltyFinance <<
Ending with this section, in our opinion Do we think RoyaltyFinance is trustworthy? Should you invest your money with the company?
The truth is that, we recommend to exercise caution, because: it is an unregulated broker, apparently it is a broker of Kleinmann Enterprise Ltd, a firm with a very bad reputation located in Saint Vincent and the Grenadines, when looking for reviews about RoyaltyFinance we found negative reviews and comments . We suggest using caution.
⛔ Attention ⛔ : in October 2020 CONSOB added RoyaltyFinance to your list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
➡️ Link to CONSOB's October 2020 ⚠️ warning
⛔ Attention ⛔ : in November 2020 CNMV added RoyaltyFinance to your list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
➡️ Link to the ⚠️ November 2020 CNMV warning
⛔ Attention ⛔ : RoyaltyFinance, together with WiseFunds, Virtual Stocks, The Capital Stocks, AtlasFX y Credit Wise, is owned by the infamous company Kleinman Enterprises Ltd, a company that resides in a tax haven and has scammed thousands of people.
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.