Royce Capitals

Royce Capitals is an online brokerage based in Labuan, Malaysia, founded on January 23, 2024. The company presents itself as an investment firm offering CFD trading across forex, stocks, indices, energies, and precious metals. It targets both retail and high-net-worth clients through a tiered account structure and access to MT5 and its own web-based platform.

The firm’s registered address is Unit Level 9F(2), Main Office Tower Financial Park Complex Labuan Jalan Merdeka 87000 Labuan F.T, Malaysia. While the broker claims to be regulated by the Labuan Financial Services Authority (FSA) under license MB/23/0113, our independent records show no confirmed regulator on file. This discrepancy is significant and should be carefully considered by potential traders.

As of our review, FXCanary has not verified any active regulatory licence for Royce Capitals. The broker’s website states that it is regulated by the Labuan FSA, but we have not been able to confirm this against public registries. We strongly urge traders to verify any regulatory claims independently before committing funds.

The absence of confirmed regulation means that client protections typical of regulated brokers—such as compensation schemes or dispute resolution mechanisms—may not be available. This places greater responsibility on the trader to assess counterparty risk.

Royce Capitals structures its offerings around four account types. The Managed account requires a substantial minimum deposit of $1,000,000, aimed at institutional or ultra-high-net-worth clients. The Private Banking account starts at $100,000, followed by the Signature account at $25,000–$100,000. The Professional account is the most accessible, with a minimum of $5,000–$25,000.

Each account tier is designed to offer progressively higher levels of service, including dedicated support and direct liquidity access. The Professional account may suit experienced individual traders, while higher tiers offer premium conditions. A demo account is also available for practice.

Traders at Royce Capitals can use MetaTrader 5 (MT5) on desktop and mobile, as well as a proprietary Web Trader. The broker offers CFDs on forex, indices, stocks, commodities (metals and energies), and exchange futures. Leverage is advertised up to 1:400, though specific leverage limits per account tier are not detailed.

The broker emphasises fast order execution and tight spreads, but no concrete spread data is provided. The platform includes standard charting tools and indicators, catering to both novice and advanced traders.

Royce Capitals provides a Help Centre with FAQs and contact options including live chat, email, and phone. The website also features a Trading Academy with educational materials, market news, and an economic calendar. A White Label Partnership program and Introducing Broker (IB) program are available for business partners.

Despite these resources, there is limited independent information about the broker’s operational history or client satisfaction, given its recent founding date.

As a newly established broker with an unconfirmed regulatory status, Royce Capitals carries inherent risks. The lack of verified oversight means that clients have no formal recourse in the event of disputes or financial difficulties. Our FXCanary Scam Risk Score of 49/100 reflects a guarded stance.

Traders should only deposit funds they can afford to lose and should conduct thorough due diligence before engaging with this broker. The high minimum deposits for certain accounts further amplify the financial risk.

Royce Capitals presents itself as a multi-asset CFD broker offering tiered accounts and advanced platforms. However, the discrepancy between its claimed regulatory licence and our inability to confirm it is a red flag. The broker’s very recent establishment and lack of independent user reviews add to the uncertainty.

We advise traders to treat Royce Capitals with caution. While its offerings appear competitive on paper, the absence of verifiable regulation makes it a high-risk choice compared to established, regulated alternatives.