ROYAL CAPITAL
Pros and Cons
Pros
- Diverse range of trading instruments including Forex, commodities, indices, stocks, and cryptocurrencies
- Offers popular trading platforms: MT4 and MT5
- Multiple account types catering to different trader needs
- Flexible deposit and withdrawal options
- Demo account available for practice trading
Cons
- Not regulated by any recognized financial authority
- Multiple complaints regarding withdrawal issues
- Limited educational resources for novice traders
- No advanced security features like two-factor authentication
- High minimum deposit requirements for certain account types
Basic Information
User Reviews
ROYAL CAPITAL Overview
ROYAL CAPITAL, officially known as 英伦金业(亚洲)有限公司, is a forex broker based in Hong Kong. With an operating period of 5-10 years, this broker has established a presence in the competitive financial services sector, focusing on providing a robust trading environment for its clients. The company’s regulatory status is not detailed in the available information, indicating a need for potential clients to conduct their own research regarding compliance and oversight.
Is ROYAL CAPITAL Safe? Regulation Analysis
Regulatory Information
| Regulatory Authority | Country/Region | Fund Protection Measures |
|---|---|---|
| N/A | Hong Kong | N/A |
Is ROYAL CAPITAL Regulated and How Are Client Funds Protected?
ROYAL CAPITAL is not regulated by any recognized financial authority. The absence of regulatory oversight raises significant concerns regarding investor protection and operational transparency. Clients trading with an unregulated broker like ROYAL CAPITAL may face risks such as a lack of recourse in the event of disputes and higher potential for fraud. It is crucial for potential clients to be aware of these risks when considering trading with this broker.
Trading Products and Services
What trading instruments does ROYAL CAPITAL offer?
| Asset Category | Available Products | Total Count (if available) |
|---|---|---|
| Forex | Major Pairs / Examples | Varies |
| Commodities | Gold, Oil | Varies |
| Indices | S&P 500, NASDAQ | Varies |
| Stocks | US, UK | Varies |
| Cryptocurrencies | BTC, ETH | Varies |
ROYAL CAPITAL offers a diverse range of trading instruments to cater to various trading strategies and preferences. With multiple asset categories available, including Forex, commodities, indices, stocks, and cryptocurrencies, traders can effectively tailor their portfolios to align with their individual goals. This diversity allows both beginners and experienced traders to explore different markets and leverage opportunities for profit.
The inclusion of various asset types not only enhances flexibility in trading strategies but also supports the important principle of portfolio diversification. By providing access to a wide selection of products, ROYAL CAPITAL aims to meet the diverse needs of its clients, allowing for adaptive trading approaches in dynamic market conditions.
Account Types and Trading Conditions
What Account Types and Fees Does ROYAL CAPITAL Offer?
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Micro Account | Beginners | Low minimum deposit | Suitable for small-capital practice |
| Standard Account | Experienced traders | Higher capital requirement | Requires higher trading volume qualifications |
| VIP Account | Professional traders | Exclusive services, high leverage | Requires significant initial investment |
| Demo Account | All traders | Practice trading without risk | Ideal for testing strategies and platforms |
Account Opening Process
To open an account with ROYAL CAPITAL, users typically follow these steps: First, submit personal information, including employment and financial details. Next, identity verification is required, which includes providing an official ID and proof of address. Lastly, clients may have the flexibility to upgrade their account type later, such as moving to a professional account if their trading volume increases or they meet other criteria.
Trading Fees
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (Major Pairs) | Varies | Varies | Competitive trading conditions |
| CFDs (Stocks, Indices, Commodities) | Varies | Varies | Depending on the asset class |
| Cryptocurrencies | Varies | Varies | Subject to market volatility |
Other Fees
In addition to trading fees, ROYAL CAPITAL may impose several other charges. These can include deposit and withdrawal fees, inactivity fees for dormant accounts, and possibly platform usage fees, if applicable. Overnight interest, also known as swap rates, may apply for positions held overnight, and currency conversion fees might be incurred for transactions involving different currencies.
Trading Platforms and Apps
What Trading Platforms and Apps Does ROYAL CAPITAL Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| MT4/MT5 | Windows, macOS, iOS, Android | Secure login, multiple order types, technical indicators, real-time alerts | Demo accounts, VPS |
| Web Version | All major browsers | Symbol lookup, one-click trading, price alerts | API interfaces |
| Mobile App | iOS, Android | Biometric login, push notifications, market news updates | Demo accounts |
ROYAL CAPITAL provides a variety of trading platforms, including MT4/MT5, web versions, and mobile apps, catering to diverse trading needs. MT4/MT5 is well-suited for traders seeking advanced functionalities and robust charting tools, while the web version offers convenient access without the need for installation. The mobile app enhances trading flexibility, allowing users to manage their portfolios and receive real-time updates from anywhere.
Each platform emphasizes secure logins and efficient order execution, ensuring a seamless trading experience. Moreover, users benefit from features like real-time alerts and comprehensive market search tools, enhancing their trading strategies and decision-making processes.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| Bank Transfer | 3–5 days | No platform fee | Min 100, Max 50k | HKD, USD |
| Credit/Debit Card | Instant | No platform fee | Min 50, Max 20k | HKD, USD |
| e-Wallet (e.g., PayPal) | Instant | 1.5% charge | Min 50, Max 10k | HKD, USD |
Minimum Deposit
The minimum deposit requirement at ROYAL CAPITAL is generally set at 50, depending on the account type chosen. For specific payment methods, the minimum may vary, ensuring flexibility for different traders.
How to Withdraw
- Log in to your ROYAL CAPITAL account.
- Navigate to the ‘Withdrawal’ section in your account dashboard.
- Select your preferred withdrawal method.
- Enter the amount you wish to withdraw, adhering to the limits.
- Submit your request and await confirmation via email.
Customer Support
ROYAL CAPITAL Customer Support Overview
Support Channels
ROYAL CAPITAL provides several contact methods to assist clients with their inquiries. Clients can reach out via:
- Email: Clients can send their questions or concerns directly through email.
- Live Chat: A live chat option may be available for instant assistance.
- Telephone: Clients can contact support via phone for immediate help.
- Social Media: ROYAL CAPITAL may also offer support through their social media channels.
Service Availability
The customer support service is typically available during business hours, providing assistance Monday to Friday. Multilingual support may be available to accommodate a diverse client base, although specific languages supported are not detailed in the available information.
Frequently Asked Questions
ROYAL CAPITAL is not regulated by any recognized financial authority. This absence of regulatory oversight raises concerns regarding investor protection and operational transparency.
ROYAL CAPITAL offers a diverse range of trading instruments which include Forex, commodities (like gold and oil), indices (such as S&P 500 and NASDAQ), stocks (from the US and UK), and cryptocurrencies (including BTC and ETH).
ROYAL CAPITAL supports several deposit and withdrawal methods including bank transfers, credit/debit cards, and e-wallets (like PayPal). Each method has its own processing time and fees, with varying limits based on the chosen payment method.
Clients can reach ROYAL CAPITAL’s customer support through various channels, including email, live chat, telephone, and potentially social media. Support is typically available during business hours, Monday to Friday.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.