Royalfx

Royalfx is a forex broker registered in the United Kingdom, with its official domain at royal-forex.com. The company was founded on July 10, 2023, and is based in Northswich, Cheshire. Our review relies on registration records as no public independent information or user reviews are available at this time.

According to Companies House records, the registered address is 34 High street, Northswich, Cheshire, England CW9 5BE. The broker does not hold any regulatory licences from recognised financial authorities, which is a significant factor for traders to consider.

Royalfx offers six account tiers: Basic ($100 minimum deposit), Standart ($250), Silver ($500), Gold ($1,000), Platinum ($5,000), and VIP ($10,000). The maximum leverage is not specified for any account type. These tiers appear designed to accommodate a range of deposit sizes, from retail to high-net-worth individuals.

Without further details on spreads, commissions, or leverage, it is difficult to assess the competitive position of these accounts. The absence of leverage information may suggest either leverage is not offered or it is undisclosed.

As per our records, Royalfx is not regulated by any financial supervisory authority. The company is registered as a corporate entity in the UK, but such registration does not equate to financial regulation. Traders should be aware that dealing with an unregulated broker carries increased risks, including lack of investor protection and recourse in disputes.

We advise caution and recommend verifying any claims of regulation independently. The FXCanary Scam Risk Score of 49/100 (Guarded) reflects the absence of regulatory oversight and limited transparency.

Given the high minimum deposits for premium accounts, Royalfx appears to target both retail and professional traders. However, the lack of regulatory licensing may deter risk-averse traders. The broker’s relatively recent founding date also means it has a limited track record.

Without clear information on trading instruments, platforms, or funding methods, it is challenging to determine the specific target audience. The broker may appeal to traders who prioritise account tier options over regulatory safeguards.