Royalfx

Based on its regulatory status and WikiFX assessment, Royalfx exhibits significant reliability concerns. According to WikiFX data, the broker holds a very low overall score of 1.40 out of 10. It operates without any valid, recognized regulatory licenses and is based in a region classified as suspicious for financial operations. These factors contribute to a high-risk profile, suggesting potential clients should exercise a high degree of caution.

No. According to WikiFX data, Royalfx is not regulated. The broker holds no valid, authoritative forex trading licenses from recognized regulators such as the UK's Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), or the Cyprus Securities and Exchange Commission (CySEC). Its operational region is flagged as suspicious, indicating a lack of credible oversight.

Royalfx offers a tiered account structure with varying minimum deposit requirements. Its Basic account requires a $100 minimum deposit. Other account tiers have higher entry points: the Standart account requires $250, Silver requires $500, Gold requires $1,000, Platinum requires $5,000, and the VIP account requires a $10,000 deposit.

The specific trading platforms supported by Royalfx, such as MetaTrader 4 (MT4) or MetaTrader 5 (MT5), are not explicitly listed in the available data.