Updated on April 17, 2024
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In our rigorous review process, a team of seasoned financial specialists, boasting more than 20 years of experience in Forex trading, carries out an exhaustive evaluation of various trading services. Our team delves deep into the investigation of fees, assesses the trading platforms, and verifies adherence to regulatory standards. We also interact directly with customer support and conduct actual trades to gain a real-world understanding of the trading conditions. This comprehensive approach enables us to provide informed insights and advice on why we recommend avoiding Royal Capital Pro due to the issues we've identified.
Is Royal Capital Pro Scam or Legit Broker? ▲
Engaging in Forex trading with Royal Capital Pro poses significant risks. This broker operates without the crucial oversight of any regulatory authority. Owned by GoldTech Media Services OU, based in Tallinn, Estonia, Royal Capital Pro is not safeguarded by any regulatory frameworks. This situation is particularly concerning given the broker's focus on clients from the Arab Gulf states, a region where the lack of stringent online trading regulation is notable. Our analysis, part of a broader review of over 1000 brokers, underscores the imperative of trading with regulated entities. Unregulated brokers like Royal Capital Pro, especially those with connections to companies such as GoldTech Media Services OU – a firm with a history of operating blacklisted brokers – present an elevated risk of fraud and financial loss. For these reasons, we firmly advise against trading with Royal Capital Pro and instead suggest considering brokers regulated by reputable authorities like the FCA in the UK or ASIC in Australia.
Established in 2010, Royal Capital Pro claims to be at the forefront of Forex trading, offering services in stocks, commodities, currencies, and indexes. Despite its assertions of providing a secure and efficient trading environment, the broker's operational legitimacy is highly questionable. Initially professing to be based in Scotland, Royal Capital Pro's claims are contradicted by the absence of any authorization from local regulators to offer financial services or target residents. Moreover, the broker's association with GoldTech Media Services OU, a company linked to multiple unregulated brokers previously blacklisted by the UK's Financial Conduct Authority, casts a further shadow over its trustworthiness. The promise of negative balance protection and other customer safety measures lacks the backing of a valid regulatory license, rendering such assurances unreliable. Given the broker's murky background and the inherent risks of engaging with unregulated entities, potential investors are strongly cautioned against committing their funds to Royal Capital Pro.
In light of the numerous red flags surrounding Royal Capital Pro, including its unregulated status, misleading operational claims, and association with a company known for running blacklisted brokers, we strongly advise traders and investors to steer clear of this entity. The absence of critical information regarding the broker’s regulatory status, trading conditions, and contact details signals a high probability of fraudulent activity. Engaging with unregulated brokers poses a substantial risk to investors' funds and personal information. As part of our exhaustive review, which spans over 1000 brokers, we emphasize the importance of trading with entities that are regulated by recognized authorities like the FCA in the UK or ASIC in Australia. Given the potential risks, including financial loss and data compromise, we recommend avoiding Royal Capital Pro and any offshore-based brokers lacking rigorous regulatory oversight.
When considering alternatives, brokers like Interactive Brokers, City Index, and AvaTrade stand out. They not only offer the security of stringent regulation but also bring to the table comprehensive trading solutions that can meet the needs of both novice and seasoned traders.
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So, let me tell you about this crazy situation I found myself in. I had invested a significant amount of money in this company, thinking it would be a great opportunity to make some extra cash. But then things took a turn for the worse, and suddenly I couldn't withdraw my funds and they could not give me a reasonable reason for that other than asking for my personal information which is kinda weird. I was freaking out, until a friend recommended Mrs. Charlotte Scotte and her remarkable team to help me out. Let me tell you, they were lifesavers! They worked tirelessly to retrieve my money from the company, and after some back and forth, I finally got it back. I can't thank them enough for their expertise and persistence in getting me what was rightfully mine. It was definitely a lesson learned about doing thorough research before investing in anything, that's for sure!
You can contact her via
email: charlotte...scotte....24....@.....gmail.....com
WhatsApp: +1—(254)—426—8392