Royel FX review royelfx.com Scam
The broker Royel FX (royelfx.com) – is an independent brokerage company that provides access to financial markets to institutional, corporate and individual clients (Royel FX review on forex-fun.com).
royelfx.com – is a classic pseudo-broker who predictably does not have any documents. The documents section only shows legal provisions, which are most likely simply stolen from another site. A license, which any real broker must have, is absent here as a phenomenon.
About Royel FX review
At Royel FX, our core values – integrity, professionalism, and a commitment to ongoing growth – shape everything we do. By upholding the highest ethical standards, we build trust and loyalty with our clients and partners.
royelfx.com is dedicated to empowering traders worldwide with innovative resources that enable them to confidently pursue their financial aspirations. broker Royel FX talks about himself
It’s just a shame that this is all a lie. Of course, the project in question is not a broker in principle. It’s not even a kitchen. This is a very simple, completely false scam, cooperation with which is absolutely unacceptable. There is every reason to believe that this is yet another offshore broker who masterfully plays around with his clients, quietly making money on them. His only task is to earn money for himself, and that’s all.
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Site description royelfx.com
First of all, you should understand that Royel FX is a new, unknown broker. There are no real reviews about royelfx.com on the Internet.
The website royelfx.com is fraudulent. The money he sent cannot be returned. True, they can make you a small payment to show that they are withdrawing money in principle. Don’t think that they will take you out, this is impossible in this project.
There is nothing interesting about this site. There is no really important information on the site. Some kind of spatial reasoning, empty promises of freebies, typical mainly for second-rate scams, ridiculous pictures taken from nowhere.
Royel FX review – Is this a reputable broker?
Trusting your money to such unverified brokers is dangerous by default, because 99% of them turn out to be scammers who close in the first year of their life. Well, or they just change the name and continue to deceive people under the new sign.
In general, the description on the site is characterized by the saturation of frank water. There are quite a few specifics, which is absolutely unacceptable for a supposedly completely legal broker. What is needed is not empty words and absurd promises, but facts and confirmation. For example, where did they get the idea that they offer the best tools? Why are they the most modern, if the same ones can be found on the websites of other brokers? In general, water, nothing more.
The essence of deceit Royel FX
The essence of the scam royelfx.com is to defraud large sums of money under the guise of Forex and CFD trading. Pseudo-broker managers promise newcomers quick training, high-quality signals and assistance from analysts, but in the end it all comes down to constant extortion of deposits and their subsequent drainage on a fake platform.
Everything that happens on the website royelfx.com is not true and is just an imitation of trading. Attendance at the resource royelfx.com is low, each client is led by phone, lured out of everything, and when the client no longer refuses to find money for them, they reset the deposit, as if the client was to blame for not listening to them and losing the money.
Forex-fun.com – Does not recommend this project
The scam royelfx.com is designed for the client to lose a large amount of money – several thousand euros.
Fraudsters help with their advice to part with money; when the client comes to his senses, his accounts will be empty and several loans will be hanging. All promises of royelfx.com managers will remain empty promises.
Also, scammers do not allow clients to withdraw their own money from their accounts. When managers realize that the victim is no longer going to make new deposits, his account is actively drained through unprofitable tips and twisted charts.
Conclusion Royel FX review
You should not contact Royel FX (royelfx.com) under any circumstances. This is not a broker, this is an ordinary, but very dangerous scammer. Here you will only be scammed out of money, but you won’t get any profit, not a penny.
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Frequently Asked Questions (FAQ) – Warning about Financial Broker Royel FX:
Royel FX scam?
Broker Royel FX has been reported for multiple fraudulent practices, including refusal to allow fund withdrawals, unrealistic promises of high and fast profits, and a lack of regulation by trusted financial authorities. It is crucial to be cautious, especially if Royel FX cannot provide a valid regulatory license.
What should I do if I have already invested in broker Royel FX?
If you have already invested money with Royel FX, try to withdraw your funds immediately. If you encounter difficulties or refusals, document every step, including all communications with the broker, and report the fraud to financial authorities in your country.
How can I avoid falling victim to similar scams?
To avoid such situations in the future, always thoroughly research a broker before investing. Ensure they are regulated by recognized financial authorities (such as the FCA, CySEC, or SEC), look for independent reviews, and avoid brokers that promise high profits without explaining the associated risks. Legitimate brokers always disclose the risks of investing.
Is broker Royel FX regulated?
No, broker Royel FX is not regulated by any recognized financial authority. This makes them extremely risky, and clients have no legal protection in case of fraud.
What should I do if broker Royel FX refuses to return my funds?
If Royel FX refuses to allow you to withdraw your funds, document all interactions and immediately contact local financial authorities, such as the Financial Conduct Authority (FCA) or equivalent in your jurisdiction. You may also want to consult a lawyer specializing in financial fraud or use recovery services.
How does the scam operated by broker Royel FX work?
Broker Royel FX uses deceptive tactics by promising quick profits and large bonuses for initial deposits. After the client invests a significant amount, Royel FX blocks withdrawal attempts, citing hidden fees or additional requirements. Once the money is transferred, it becomes difficult or impossible to retrieve it.
What should I do if I’ve shared personal information with broker Royel FX?
If you’ve provided personal or financial information such as your credit card details, act quickly by blocking your card and changing passwords for any associated accounts. Contact your bank for additional security measures and report the incident.
What organizations or authorities can help in the case of fraud by broker Royel FX?
You can contact:
- The Financial Conduct Authority (FCA) or other regulatory body in your country.
- Police or financial crime units, to file an official report.
- International organizations like Interpol, if cross-border fraud is involved.
Is it possible to recover my money from broker Royel FX?
Recovering funds may be difficult but not impossible. If you used a credit card to invest, you can try initiating a chargeback through your bank. Additionally, reporting the fraud to financial regulators or working with a lawyer could improve your chances of recovering your money.
How can I report broker Royel FX for fraud?
You can report Royel FX to:
- The Financial Conduct Authority (FCA) or equivalent financial regulator in your country.
- Financial authorities in your jurisdiction.
- Online platforms, that collect complaints about financial scams, as well as financial forums to warn other investors about the risks.
Final Message:
Warning: Broker Royel FX has been identified as a fraudulent organization and is not regulated by any recognized financial regulator. We strongly recommend avoiding any interaction with this broker and taking immediate action if you have been a victim of fraud. Only invest through licensed and reputable brokers regulated by reputable supervisory authorities.
I felt a discrepancy between the stated services of this broker and the reality. They don’t deliver on their promises or deliver the expected features.
They will freeze your account with all kind of reasons. Please think twice before putting your money into this broker. Scam 100%.