Royal Bitex
About Royal Bitex Company
Royal Bitex is an initiative of Mobile Formation LTD with headquarters located at Sofia 1113, Sofia district (Metropolis), Metropolitan municipality, Izgrev Region, zh.k.Iztok, Pierre Degeter № 2, bl., int., stage. ground office 2. The establishment date of Royal Bitex remains undisclosed; however, the broker boasts of catering to 4,534 brokerage accounts on its platform. Notably, the license details are not exhibited on the website.
Range of Trading Instruments
Royal Bitex facilitates trading in the cryptocurrency market by offering 327 cryptocurrency pairs as trading assets. Furthermore, the platform supports trading in oil, stocks, bonds, metals, and currencies.
Account Varieties and Terms
The broker features a diverse range of account types to cater to the needs of both novice and seasoned traders:
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“Bronze” – starting deposit of $250, X1 achievement level, without access to educational resources;
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“Silver” – starting deposit of $2,500, X1 achievement level, provision of a personal analyst, one week of trading sessions;
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“Gold” – starting deposit of $5,000, X2 achievement level, senior analyst services, one week of trading sessions, access to educational materials (2 sessions);
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“Platinum” – starting deposit of $10,000, X3 achievement level, chief analyst services, one week of trading sessions, comprehensive educational package;
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“Diamond” – starting deposit of $25,000, X5 achievement level, chief analyst services, one week of trading sessions, comprehensive educational package;
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VIP – starting deposit of $50,000, X7 achievement level, chief analyst services, daily communication, complete educational package.
It is noteworthy that a demo account feature is absent from the website.
Registration Process and Personal Dashboard
To sign up on the platform, select one of the listed account types. Following registration, each user gains entry to a personal dashboard, serving as the central hub for managing trades. This dashboard stores personal data, document uploads, and transaction history.
Deposits and Withdrawals
Initiate an account funding via card by selecting “Deposit” in the personal dashboard settings. The minimum deposit stands at $250. Similarly, funds can be withdrawn to a card, with the broker refraining from disclosing associated commission charges.
Trading Platforms
Providing a versatile trading platform, Royal Bitex refers to it as advanced. The necessity of a download requirement remains undisclosed, as does the availability of a mobile version of the terminal.
Educational Resources
Royal Bitex extends educational resources solely to clients holding “Gold,” “Platinum,” “Diamond,” or VIP accounts. The educational materials encompass videos, articles, books, graphics, glossary, and FAQs. Additionally, a news section is featured on the website.
Affiliate Program
The broker runs an affiliate program offering commissions for client referrals. Currently, the company boasts of over 70,000 partners spanning 150 nations.
Conclusion
Royal Bitex pledges secure trading experiences complemented by comprehensive support. The website displays two contact numbers and an email address for client interactions. Crucial legal documents, inclusive of the user agreement, are readily accessible on the platform. Prospective clients are advised to thoroughly review these documents to attain a comprehensive understanding of Royal Bitex and its trading offerings.
This review has been prepared by the specialists at ExpertsReview.