RoyalBanc
About RoyalBanc Company
RoyalBanc is an international brokerage firm
RoyalBanc is a brokerage firm that brings a fresh and innovative approach to trading. The company is registered in Luxembourg, with details about its inception and founders kept confidential.
Traders from various parts of the world, including Russia, can engage in trading activities on the RoyalBanc platform. The platform provides users with comprehensive training and a wide array of resources for both short-term and long-term trading strategies.
What RoyalBanc Offers:
- Trading on the stock market;
- Forex trading with a selection of over 100 currency pairs;
- Trading in indices, stocks, metals, and commodities;
- Dealing with cryptocurrencies across various pairs, including ETH/BTC, LTC/BTC, EOS/ETH, as well as BTC/EUR, BTC/USD.
Four types of accounts are available for clients:
- “Standard” — requiring an initial investment starting from $1,000;
- “Silver” — with investments starting from $5,000;
- “Gold” — beginning with investments from $10,000;
- VIP — requiring investments starting from $50,000.
RoyalBanc provides access to over 500 financial instruments.
Trading Platforms
- MetaTrader 4 — catering to both demo and real trading modes;
- Status — designed for social trading and is suitable for traders at all experience levels.
Advantages and Disadvantages of the Broker
The broker stands out for its user-friendly and functional website available in Russian and English, with an “Analytics” section for market insights. RoyalBanc is active on social media platforms like Facebook and Instagram.
Registration is mandatory to commence trading. The multilingual registration form simplifies the process. Technical support is accessible via the phone number listed on the website.
One notable drawback of the company is the lack of transparency regarding its founders and establishment date. Registration details are also undisclosed. While the broker assures the safety of traders’ funds and withdrawals, the specifics of how these assurances are upheld remain undisclosed.
Information concerning RoyalBanc is predominantly found online in the form of user reviews, encompassing both positive and negative feedback.
This review has been prepared by the specialists at ExpertsReview.