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Operating status: SCAM
Website: https://royal-forex.com/

On August 4, 2023, the Financial Conduct Authority (FCA) issued a warning against ROYALFX, believing this broker might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/royalfx
ROYALFX uses a company number issued by the Companies House (CH) to appear legitimate. However, the CH only serves as a registrar of companies in the UK and has no authority to issue financial licenses. Therefore, mere registration with the CH cannot be considered as the authorization to offer financial services/products legally.
Furthermore, the Financial Conduct Authority (FCA), the UK financial watchdog, has issued a warning against ROYALFX, cautioning the public of this unauthorized firm.
In essence, ROYALFX is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
BrokersView found that the domain "https://royal-forex.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

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