RoyalBanc Quick reference
RoyalBanc - trading in the global currency market
RoyalBanc is a broker that offers an innovative approach to trading. The company is registered in Luxembourg. There is no information in the public domain about when and by whom it was created.
Trading on the RoyalBanc platform is available for traders from around the world, including Russians. It offers users multilevel training and a standard set of resources for short-term and long-term trading.
What does RoyalBanc offer?
The broker has over 500 financial instruments in its arsenal. The following types of trade are available:
- Open market;
- Forex market with more than 100 currency pairs;
- Cryptocurrencies in pairs: ETH/BTC, LTC/BTC, EOS/ETH etc, as well as BTC/EUR, BTC/USD.
Four accounts with different content are at the client’s service:
- «Standard» - this account is available with investments from 1,000 dollars and offers 20 investment assets, spread from 4 pips, leverage is 1: 200, bonuses up to 25% of the deposit amount, 5 trading signals per week, basic training;
- «Silver» - this account is available with investments from $ 5,000 and offers 70 investment assets, spreads from 3 pips, leverage is 1: 200, bonuses up to 35% of the deposit amount, 10 trading signals per week, advanced training, personal manager is at the disposal;
- «Gold» - this account is available with investments from $ 10,000 and offers all trading instruments, spreads from 1 - 2 pips, bonuses up to 50% of the deposit amount, leverage is 1: 500, 15 trading signals per week, RAAM account, personal manager is at the disposal;
- VIP - investments from $ 50,000, all trading instruments, bonuses up to 100% of the deposit amount, spread of 1 pip, leverage is 1: 1000 leverage, 20 trading signals per week, RAAM account, analyst assistance.
RoyalBanc has two trading terminals:
- MetaTrader 4 - is suitable for working in demo mode and real-time trading mode;
- Status - was created for social trading, it is suitable for both experienced traders and beginners.
Broker’s advantages and disadvantages
Broker’s benefit - a site with a multifunctional and simple interface in Russian and English. There is an “Analytics” section, which was designed to help platform users understand the trends in the financial market. RoyalBanc is presented on Facebook and Instagram.
To start working you need to register. Registration form is multilingual. There is technical support, the phone number of which is indicated on the site.
A significant minus of the company is the lack of information about the founders, it is also unknown when the resource was created. There is no registration data.
The broker guarantees the security of investments and the withdrawal of traders’ funds, but it is not indicated how the warranty obligations are fulfilled.
As for the popularity of the resource, there is information about it on the Internet, the reviews are mainly both positive and negative