Royal FX Trading

According to WikiFX assessment, Royal FX Trading Ltd holds a core score of 1.53 out of 10, reflecting significant concerns regarding its compliance and credibility. The broker operates without any valid authoritative forex trading licenses, meaning it lacks regulatory oversight. While the entity has been operating for 5-10 years and is registered in the United States, the absence of a regulated framework means traders have no financial recourse in case of disputes. This profile indicates a high-risk environment for potential clients.

No, Royal FX Trading is not regulated by any recognized financial authority. WikiFX data shows that the broker holds no valid forex trading licenses from major regulators such as the FCA, ASIC, or CySEC. The absence of regulatory oversight means there is no external monitoring of its operations, which significantly increases the risk profile for traders.

The minimum deposit required to open an account with Royal FX Trading varies by plan. The STARTER Plan requires a minimum deposit of $1,000, while the PREMIUM Plan requires $10,000, the EXPERT Plan $50,000, the VETERAN Plan $100,000, the ULTIMATE Plan $500,000, and the CORPORATE Plan $1,000,000. All account types support scalping, hedging, and Expert Advisors (EAs).

WikiFX data does not explicitly list the trading platforms offered by Royal FX Trading. The broker’s software index is rated 4.0, but no specific details regarding MetaTrader 4 or MetaTrader 5 availability are provided. Traders are advised to verify platform support directly with the broker before opening an account.