Royal Capital Pro Review

Is Royal Capital Pro Scam or Legit Broker?

No, it is not safe to trade with a Royal Capital Pro as this Forex broker is not regulated. The broker is operated by the GoldTech Media Services OU. The GoldTech Media Services OU is incorporated and located in its registered address in Tallinn, Estonia. Royal Capital Pro serves a wide range of clients while there is a wider offering and targeting to the Arab Gulf states clients. That fact is also quite typical since the Arab world is full of companies and brokers that offer their services without the necessary licensing and authorization as the states are not very strong currently in online trading businesses regulation.

What is Royal Capital Pro? 

Royal Capital Pro was formed in the year 2010. It offers to trade stocks, commodities, currencies, and indexes and claims to be a proven leader in Forex trading.

• Previously the broker stated its base in Scotland, which in fact was just misleading information to confirm presence yet without an actual role, as well there is no authorization from the local authorities to perform financial services or target residents. So, even though the company claims its application to a convenient trading environment and various safety customer protection actions alike, a legally binding policy ensures balances are never negative so that the client will never lose more than what was already invested.
• Another thing that should be a huge red flag for those who want to invest with this broker is the reputation of GoldTech Media Services OU. The company has been blacklisted multiple times under the names of other unregulated brokers such as S2Trade and Glenmore Investments. These brokers along with GoldTech Media Services OU have been blacklisted by the UK’s Financial Conduct Authority: S2Trade in February 2018 and Glenmore Investments in August 2018.

Royal Capital Pro Review Conclusion

We advise all investors and traders to avoid Royal Capital Pro and other unregulated brokers. The lack of information about the broker’s regulations, trading conditions, and contact details should be the biggest red flag for those who plan to invest with the entity. Usually, such companies run investment scams. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FP Markets and BlackBull Markets.

Royal Capital Pro Update

Our findings showed that Royal Capital Pro is no longer active. The broker’s website is unavailable and there is no evidence of whether the broker operates or not. We recommend avoiding any offshore-based brokers due to their instability and lack of serious regulations.