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/10

Royal Forex

Cyprus Cyprus | 10-15 years |
Suspicious Regulatory License | Suspicious Scope of Business | Cyprus Forex Execution License (STP) Revoked | High potential risk

https://www.royalforex.com/

Website

Rating Index

Contact

+357 22007405
https://www.royalforex.com/
128-130 Limassol Avenue, 3rd Floor, 2015 Strovolos Nicosia

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Keywords 5
10-15 years
Suspicious Regulatory License
Suspicious Scope of Business
Cyprus Forex Execution License (STP) Revoked
High potential risk
Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
4

Basic Information

Registered Region
Cyprus
Operating Period
10-15 years
Company Name
Royal Forex Ltd
Abbreviation
Royal Forex
Company employee
--
Customer Service Email Address
info@royalforex.com
Contact Number
+357 22007405
Company Address
128-130 Limassol Avenue, 3rd Floor, 2015 Strovolos Nicosia
Website
Genealogy
Company Summary
News
Wiki Q&A
Comment

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Official Website

Website

  • royalforex.com
    104.31.70.51
    Server Location
    United States United States
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
    --
    Company
    --

Genealogy

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Royal Forex

Company Profile

Company Profile

Review summary

The official website of royal forex(https://www.royalforex.com/) is unable to access now.

Royal Forex Review Summary
Founded2006
Registered Country/RegionRepublic of Cyprus
RegulationRegulated by CySEC
Market InstrumentsForex, Commodities, CFDs
Demo Account
LeverageUp to 1:500
SpreadFrom 0.0 pips
Trading PlatformMT4Royal Forex Trader (RFT)
Min Deposit$0 for Standard Account; $1,000 for Pro Account
Customer SupportPhone: +357 22007405Email: info@royalforex.com24/7 Online Chat: ❌Physical Address: Not provided

Royal Forex Information

Established in 2006, Royal Forex LTD is a forex broker with Cyprus based background. By means of its user-friendly trading platforms MetaTrader 4 (MT4) and Royal Forex Trader (RFT), the Cyprus Securities and Exchange Commission (CySEC) controls the company and provides traders access to over 125 instruments including forex, commodities, and CFDs.

Royal Forex Information

Pros and Cons

ProsCons
Regulated by CySECCustomer support not 24/7
No minimum deposit for Standard AccountOfficial website unavailable
Provide 2 trading platforms (MT4, RFT)
0 commissions for Standard Account

Is Royal Forex Legit?

Regulatory StatusRegulated
License TypeStraight Through Processing (STP)
Regulated ByCyprus (CySEC)
License Number269/15
Licensed InstitutionRoyal Forex Ltd
Effective Date2015/3/18
License TypeSharing
Is Royal Forex Legit?

What Can I Trade on Royal Forex?

Royal Forex offers over 125 tradable instruments. These including spot forex, commodities, and CFDs.

Tradable InstrumentsSupported
Forex
Commodities
CFDs
Indices
Shares
ETFs

Account Types

Royal Forex offers two account types. Also, itprovides a demo account for practice.

Account TypeLeverageSpreadCommissionMin DepositMinimum Lot SizeDemo Account
Standard AccountUp to 1:500Starting from 0.0 pipsNone$00.1 lot
Pro AccountUp to 1:500Starting from 0.6 pips$3.50 per 100K trade$1,0000.01 lot

Royal Forex Fees

With spreads from 0 pip and commission-free trading, Royal Forex presents reasonable fees—especially for Standard Accounts.

AspectStandard AccountPro Account
SpreadFrom 0.0 pipsFrom 0.6 pips
CommissionNone$3.50 per 100K trade

Trading Platform

Royal Forex provides Meta Trader 4 and its unique royal forex trader for users.

Trading PlatformSupportedAvailable DevicesSuitable For
MetaTrader 4 (MT4)Desktop, Mobile, WebBoth beginners and experts
Royal Forex Trader (RFT)Desktop, Mobile, WebTraders seeking faster execution

Deposit and Withdrawal

Royal Forex does not explicitly mention deposit or withdrawal fees. The minimum deposit is $0 for Standard Accounts and $1,000 for Pro Accounts.

Deposit OptionsMin. DepositFeesProcessing Time
Bank Transfer$0–$1,000-1–5 business days
Credit/Debit Card$0–$1,000-Within minutes
E-Wallets$0–$1,000-Within minutes
Online Payment Systems$0–$1,000-Varies

Keywords

  • 10-15 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • Cyprus Forex Execution License (STP) Revoked
  • High potential risk

News

Royal Forex’s CySEC License Revoked: Can It Still Operate Legally?

Exposure Royal Forex’s CySEC License Revoked: Can It Still Operate Legally?

CySEC revoked Royal Forex’s license on March 11, 2025, meaning the company can no longer legally operate under MiFID II regulations in the European Economic Area (EEA).

Royal Forex is Not Right

News Royal Forex is Not Right

Headquartered in Cyprus and regulated by the CySEC, Royal Forex is currently unreachable.

Wiki Q&A

Is Royal Forex safe to trade with?

Royal Forex Ltd presents a severe risk warning due to its unregulated status and lack of any credible supervisory framework; with its previous CYSEC license revoked and no current oversight, it is classified as a highly suspicious entity unsuitable for traders seeking a secure environment.

Three days ago
United States

Which regulator oversees Royal Forex?

Royal Forex operates without oversight from any recognized financial regulator. Its only known license, a Forex Execution License from the Cyprus Securities and Exchange Commission (CYSEC), has been revoked, confirming the entity's complete lack of authoritative and current regulation.

Three days ago
United States

What is the full company name of Royal Forex?

The entity operates under the full corporate name Royal Forex Ltd.

Three days ago
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

Three days ago
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

Three days ago
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

Three days ago
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

Three days ago
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

Three days ago
United States
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