RoyalCFDs Review 2025
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Updated:
Reason to avoid: Offshore license
Listed Date: October 8, 2018
Top 3 Forex Brokers
Beware ROYALCFDS is a Non-Regulated broker. It is NOT SAFE to trade.
Advertising Disclosure
Updated:
Reason to avoid: Offshore license
Listed Date: October 8, 2018
Beware ROYALCFDS is a Non-Regulated broker. It is NOT SAFE to trade.
ROYALCFDS is a 100% fraud company. The broker is registered offshore and does not hold any proper license from a well-known reliable financial regulator. It is NOT SAFE to trade ROYALCFDS.
🗺️ Registered in | Marshall Islands |
🗺️ Type of License | Offshore License |
🛡️ Is RoyalCFDs safe to trade | No |
🗺️ Recommended Licenses | FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺 |
🖥 Alternative Broker | GO Markets - licensed by ASIC in Australia |
ROYALCFDS is a Forex and CFDs broker. The company is the trade name operated by DIGITAL WORLDWIDE OU, registered in Tallinn city, Estonia. They also mention Digital Enterprise Ltd., another company owner that is based in the Marshall Islands. There may be confusion between the registered firm and the regulated one. A broker can be registered in a particular country, but if it's not regulated/overseen by countries responsible finance authority then it doesn't have any legal rights to provide its services to the residents of that country.
"We believe this firm has been providing financial services or products in the UK without our authorization."
All traders are advised to avoid unregulated/offshore brokers as there is a huge risk of losing money with such firms. Instead, choose those that are regulated by reliable regulatory agencies. For instance, if an FCA-regulated broker goes bankrupt, its clients are covered by the Financial Services Compensation Scheme (FSCS). The traders are entitled to receive up £50,000 in total. Check the list of FCA-regulated brokers here. We advise trading with well-regulated brokers such as BDSwiss and XM.
Our research showed that the ROYALCFDS website is unavailable to reach. Besides, 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.
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