Capital forex pro review

For everyone asking, is royal capital pro a scam? The majority of the signs point at this statement being true.

Best forex bonuses

Royal Capital Pro broker review, capital forex pro review.

This is the first step to knowing whether a broker can be trusted or not – by getting to the bottom of the company. Besides, they are not even regulated by the FCA. Being registered with the companies house does not lend any credence to the legitimacy of a broker since it is very easy to do so. Only FCA regulation for companies operating within the UK guarantees that the company can be trusted. Unfortunately, there isn’t much more information about the company other than that, which is very troubling. A legitimate company should have no problem revealing the names of key officials and other company details, but media zone solutions reveals none. This is typical of a shell company that doesn’t actually exist, but only by name. Indeed, after checking the authenticity of the phone number provided on their ‘contact us’ page, it got us nowhere. This gave more insight into the royal capital pro scam, since there was no way of tracing this company’s origins or officials. They also have a linkedin page, but it was completely empty with not one post in the two years the company has existed.

Royal capital pro broker review

Minimum deposit

Bonus

Maximum leverage

Spreads

Licences

US clients

This broker is not recommended!

Topforexbrokers.Net team does not trust this broker and advises you not to sign up with it.

Despite a wealth of knowledge and tips that are shared on the internet, scammers continue to thrive. One would assume that scammers would have been rooted out, but instead the opposite is happening. The problem isn’t that there isn’t information about scam brokers, because there is a lot of that, but the difficulty in knowing where to look. As much as there is accurate information, so is false ones as you may know from the recent spate of fake news around the world. This royal capital pro review examines some of the information being spread about the company and determines whether they can be trusted or not. It is essential to learn this stuff unless you want to become a victim of fraud.

Is royal capital pro legit?

In order for you to determine whether a particular company is legitimate or not, you have to start from the foundation. In the case of a forex broker, that is in learning about the company’s background. The basic information is provided on the website and you can get it from a simple royal capital pro website review. Apparently, media zone solutions LP is the actual company behind royal capital pro, and it is there you need to focus. Media zone solutions LP is registered with the companies house under company number SL025891. It is also based in glasgow, scotland, and has been in existence for two years.

Unfortunately, there isn’t much more information about the company other than that, which is very troubling. A legitimate company should have no problem revealing the names of key officials and other company details, but media zone solutions reveals none. This is typical of a shell company that doesn’t actually exist, but only by name. Indeed, after checking the authenticity of the phone number provided on their ‘contact us’ page, it got us nowhere. This gave more insight into the royal capital pro scam, since there was no way of tracing this company’s origins or officials. They also have a linkedin page, but it was completely empty with not one post in the two years the company has existed.

For everyone asking, is royal capital pro a scam? The majority of the signs point at this statement being true. This is the first step to knowing whether a broker can be trusted or not – by getting to the bottom of the company. Besides, they are not even regulated by the FCA. Being registered with the companies house does not lend any credence to the legitimacy of a broker since it is very easy to do so. Only FCA regulation for companies operating within the UK guarantees that the company can be trusted.

Most of all, the FCA ensures that all the forex brokers adhere to the rules, including those on capital requirements. Scam brokers prefer not to dedicate a lot of money into their schemes, so this step automatically weeds out most of the scammers. Apart from that, the FCA has policies that ensure defrauded clients can be refunded for their losses as they continue to investigate. Royal capital pro is not regulated, hence the reason why so many royal capital pro reviews are complaints by former clients about their monies. The worst part is that there is nothing the FCA can do, after all, they routinely warn investors not to trust unregulated brokers.

So far, there hasn’t been any good thing to say about the company in this royal capital pro review, and that is because there’s nothing to recommend about the whole operation. Had any of those previous clients done the same research into the company, they would have quickly known about the royal capital pro scam and not lost their money. Fortunately, you now know and don’t have to suffer the same suffering they did.

Royal capital pro review

Royal capital pro is an estonian broker, owned and operated by goldtech media services. This broker has years of experience in the forex world since it existed since 2010. People who stand behind the whole story are professional traders who want to make safe trading conditions and familiarise people with the forex market.

I have to say, what I see from the beginning seems promising and outstanding. The platform includes more than 200 trading assets (currency pairs, metals, shares, and futures contracts). Services to individuals and large companies are available in more than 180 countries and assistance is provided in 32 different languages. As you can see, this broker is determined to provide excellent support and trading conditions. So, let’s not waste any more time and see whether those promises are fulfilled.

The website is full of details and different information. I have to be honest, this slows down the loading time a little bit, but if the rest is good, I won’t mind it. Also, the support might be available in 32 languages, but the website itself is only available in english and arabic. There is the main menu, with all sections you need. We have a trading platform, accounts, education, banking, and about us page. Everything is done neatly and if you want more details, scroll down until the end of the landing page, they listed everything.

When it comes to accounts, you can choose between three of them, plus there is an islamic account with special conditions. Certain things are the same for each account (except for islamic one). The platform (MT4 and mobile), trading instruments (forex, metals, equities, indices, bonds, commodities), account currency that is only in the U.S. Dollars, no commissions, margin call of 150%, early closure fee of 5% and maximum size per each lot - up until 50.

Now, let’s see what makes these accounts different. The smallest one is the classic account. You need to deposit at least $500 and you get an account manager with a professional degree in economics, free learning materials, and three trading sessions.

The next one is the silver account. It is similar to previous, but you need to deposit at least $2,500. Account manager and free learning materials are also included, but with this account, you get five trending sessions.

The third option is gold account. The minimum deposit is $10,000 but royal capital pro will prepare more advanced materials, so you can learn different strategies. Also, there are seven trading sessions, free access to every tutorial on the website, and daily review of the market followed by recommendations from the account manager.

The last account you can choose is islamic. This one is different since it is interest-free. Buying and selling occur immediately and the deal must be paid for in full without any delay. There are no up-front commissions, re-quotes, or hidden costs and you get free and instant access to all platforms.

Unfortunately, royal capital pro doesn’t have bonuses, but there is a cashback program. With every LOT you trade you receive between $1 to $10 according to your cashback program. If you deposit between $5,000 and $10,000 you will receive $1 for each LOT traded. For deposits that are between $10,000 and $50,000 you get $5 per LOT and if the deposit is over $50,000 the cashback is $10 per LOT.

Although this doesn’t seem a lot, in a couple of months you will receive a decent amount of money that you can use for future trading.

Platform and execution SCORE: 90%

The platform royal capital pro uses is a well-known MT4. This is the most commonly used platform in the forex market and it contains everything one trader needs. If you are a beginner, MT4 will be easy to use. It is fully customisable and you can adjust it just as you want.

What I like about the MT4 is that it has different charts, an interface that is easy to use, one-click trading, and a mobile app. So, you receive everything with just one app. It is downloadable, but you can also use it in the browser, the choice is yours.

Aside from that, royal capital pro offers an online trading service. It has its mechanism and you might need some time to get used to it. This online platform will enable you to follow trades in real-time, to make purchases immediately, and fully manage your orders.

Withdrawal speed SCORE: 75%

For deposit, you can use one of three available methods. The first one is the credit/debit card. Keep in mind that this broker accepts only USD, so you may have to pay additional fees for currency exchange to your bank.

The next deposit method is bank transfer. With this method, you can transfer funds from one bank to another or person to the institution. Lastly, there is an ewallet option. This is always the fastest method for both deposits and withdrawals.

When it comes to withdrawals, methods are the same as deposits. Of course, you need to choose the one you used for the deposit. The process is quite easy. First, you have to prepare documents like official identification issued by the government, proof of address, and colored copy of your credit card. Once you have everything they need, you can request a withdrawal.

Royal capital pro needs 24 hours to process your request, after that you will have to wait about seven business days to have money on the account. You cannot request two or more withdrawals at the same time, it has to be one by one but if you change your mind you can cancel the withdrawal while it’s still in the approval process and change the amount.

There are some fees that you need to pay. Royal capital pro charges a fee for transfers of funds standing, currently equivalent to $25 per transfer. The thing I dislike about this fee is the fact they can change it without prior notice. They can also introduce additional fees and they can inform you about that in less than 10 business days.

Support and assistance SCORE: 50%

Customer support is the part I was the most excited about, I have to admit. Royal capital pro promised constant support in 32 different languages, so I expected a lot. Well, first of all, you cannot choose the language when you go to the contact us section. That said, we cannot know what languages are provided, everything is in english.

There are different contact methods like two different emails, one for support and one for complaints and I appreciate that. It’s much faster to receive a reply if you have different sectors for different problems. Also, the phone number is listed, so you can call them if you want an instant answer. Aside from that, there is a contact form on the website and you can type your message there. Someone from royal capital pro will reply to you on the email you left.

Lastly, there is a live chat option and I have to say, I am disappointed with it. At the first glance, it looks just like any other live chat. But in fact, this is nothing more than another contact form where you can attach your message and wait for a reply. It’s not live and you won’t receive instant answers.

In the end, customer support and assistance did not leave a good impression on me. Everything could be better organised and more responsive.

Education and tools SCORE: 55%

The education section is one of the main parts of each broker. There should be enough learning materials, different video lessons, and news. So, let’s see if royal capital pro implemented all of this.

The first section is the forex trading strategies. Inside this segment, you can learn basic things about forex like what are technical indicators, what is a trend trading strategy, etc. This part is free for everyone, you can read it even if you are not a member.

There is also part with trading signals, but it is reserved for registered users only. Overview of the forex market is also exclusively for clients, but a mini glossary is free for everyone. There isn’t a news section and I am disappointed with that. Each forex trader needs to be updated with the latest events, and royal capital pro is not a place that will keep you up to date.

My overall impression of royal capital pro is not that good. First of all, this broker doesn’t have a trading license. There are some positive things like account types and cashback programs but that is not enough for the recommendation.

Capital.Com review

Review

Capital.Com is an international CFD brokerage operating out of subsidiaries located in the UK, cyprus, and belarus. It is home to over 360,000 traders and has processed over $13 billion in volume. Over 2,000 of the most liquid assets across five sectors provide an attractive option for all types of traders to consider. Client funds remain fully segregated at RBS and raiffeisen, two of europe’s largest financial institutions, and accounting heavyweight deloitte audits accounts. This broker also caters to institutional clients, through its prime capital division, suggesting a deep liquidity pool. The broker presents only a proprietary trading platform. New traders have access to investmate, the educational platform of capital.Com. A secure and transparent trading environment adds to the benefits of this broker, where 75% of traders operate their portfolios at a loss.

Regulation and security

Capital.Com (UK) limited registered with the financial conduct authority (FCA) in september 2017 and began trading in april 2018. Capital com investments ltd has operated under the cyprus securities and exchange commission (cysec) regulatory framework since september 2017. Capital com bel CJSC, a closed joint-stock company, is authorized by the national bank of the republic of belarus, where the minsk city executive committee issued a license in september 2019. The company was included in the register of forex companies the following month.

Portfolios of traders at the UK subsidiary are protected by the financial services compensation scheme (FSCS), up to £85,000. EU directive 2014/49/EU protects cysec managed accounts under the investor compensation fund (CIF) with maximum coverage of €20,000. The financial instruments directive 2014/65/EU or mifid II, and the EU’s 5th anti-money laundering directive, also apply to the EU regulated brokerage.

All client deposits remain fully segregated from company funds at well-established european financial firms, namely RBS in the UK and raiffeisen bank in austria. Deloitte, one of the most well-known and respected financial auditors in operation today, audits the accounts of capital.Com. All transactions adhere to the PCI data security standards. Necessary documents, including pillar 3 disclosures and key information documents (KID), are published on the website. From that, one is able to determine that capital.Com is a well-regulated and transparent brokerage, maintaining a secure trading environment for all clients.

Three regulatory jurisdictions ensure a secure trading environment.

Capital.Com derives its revenue from spreads across 2,000 assets, while no commissions apply. The EUR/USD is listed as low as 0.6 pips, representing a competitive offer with no additional costs. Swap rates on leveraged overnight positions apply, however capital.Com charges only for the amount borrowed and not the total position size. With no other fees noted, the pricing environment is one of the most trader-friendly in today’s brokerage industry, favoring client profitability over company revenue generation. Capital.Com sets a positive example with its low-cost trading environment, which is ideal for all types of strategies, including high-frequency traders and institutional clients.

Capital.Com maintains one of the most trader-friendly pricing environments available.

All deposit and withdrawal fees are covered, while swap rates are remarkably competitive.

What can I trade

Traders have access to an outstanding asset choice, spanning over 2,000 names across five sectors. Pure forex traders will find the 135 currency pairs one of the most comprehensive selections available, making capital.Com a premier choice for this sector. Traders have excellent exposure to this emerging sector with 70 cryptocurrency pairs, including crypto-crypto crosses, as well as exotic pricing in the mexican peso, belarusian ruble, hungarian forint, or thai bhat, to name just a few. Adding cross-asset diversification opportunities are 25 commodity and futures contracts, complementing the broad currency selection. More than 2,000 equity cfds from 13 countries grant access to the most liquid names, while 20 index cfds complete the asset selection.

Traders will discover that capital.Com provides one of the most comprehensive asset lists available, including 135 currency pairs.

Account types

Three CFD accounts are listed, but core trading services are essentially the same. The most notable difference is for accounts above $3,000 (i.E, plus and premier accounts) with the inclusion of custom analytics; however, given that traders with more significant portfolio sizes generally execute their own strategies, the added service is rendered irrelevant. There is no minimum deposit, and the maximum leverage for retail traders, as stipulated by EU regulations, is 1:30. The belarusian subsidiary provides traders with a more generous 1:100 trading environment. A professional account, which features leverage up to 1:500, is also available if requirements are met. It is important to note that the professional account is without negative balance protection if leverage above 1:50 is deployed. Institutional clients are served by the broker's prime capital division.

Core trading services across three CFD accounts are identical.

A professional account upgrade is possible for qualifying traders.

Prime capital is the division which caters to institutional clients.

Trading platform

Capital.Com invested in a proprietary trading platform, which is the only one offered to traders. According to the website, artificial intelligence is integrated, but cannot be confirmed. Presumably, it is operated by the most basic machine learning protocols, as evident by the information provided on the website. It is remarkably user-friendly, equipped with an extensive charting package, and ideal for manual analysis. Unfortunately, it lacks support for automated trading solutions, placing it behind the popular MT4 trading platform, which is not available. Ignoring the market for autonomous third-party strategies developed on the MT4 infrastructure represents a significant oversight by this broker.

Having said that, the available proprietary platform offers a reliable portal for manual traders to analyze assets, with over 70 technical indicators and extensive drawing instruments. An in-depth analysis is entirely possible with the enhancement of fundamental reports. Multi-chart toggling allows up to six tabs to be used, while personalized watchlists enable traders to manage multiple portfolios with ease. Hedging and risk management tools are at the core of the platform, allowing for the complexity of strategies and security of deployed capital. With a modern look, this easy-to-use platform is ideal for manual traders.

Given the lack of support for automated trading solutions or third-party software, in conjunction with the generous asset selection, some retail traders may find themselves overwhelmed and thus unable to realize the full potential of this platform. Conversely, smaller asset management firms with a team of analysts, will find it a sound solution to identify trading opportunities. Still, despite the noted awards the platform has received, there are more superior choices available.

Artificial intelligence is a popular advertising tool, but the trading platform lacks this function. A combination of scripts and basic machine learning protocols are more likely.

Proper tools for in-depth manual analytics are available, but the lack of support for automated trading solutions is regrettable and a significant misstep by this broker.

Multi-chart toggling and personalized watchlists enhance the manual analysis process.

Hedging and risk management tools add a layer of complexity and security.

Unique features

This broker does not provide unique features of any significance. What it does do, however, is focus well on its core trading environment; in that respect, it exceeds that which is currently offered by many of its competitors. For example, warranting a notable mention, capital.Com TV is filled with excellent videos that cover a wide range of trading-related content. It presents an outstanding auxiliary trading service and offers clients an informative break from regular day-to-day operations. Many brokers offer video services, but this one is certainly a good one. Additionally, it provides trading ideas related to current events. Capital.Com TV is a comprehensive service for traders to consider, even if they are not clients of this brokerage.

Capital.Com TV is an outstanding auxiliary service maintained by this broker.

Research and education

Chief market strategist david jones leads the in-house research team. The financial news and features section is filled with well-presented written analytics and fundamental news, complementing the trading ideas discussed on capital.Com TV. Traders in the plus or premier account will also receive custom research, though no additional information on that offering is provided. It remains unclear which criteria influence customization or how qualifying traders receive this service.

Besides news and analysis, the “features” sub-category enhances the overall value and provides new traders with fresh ideas. The overall quality of content, comprehensive analysis, and educational value within the research sector combines for a dependable trading service for clients and non-clients alike. It adds to the overall appeal of capital.Com and distinguishes it from a large number of competitors.

Manual traders have access to fundamental news and technical analysis, generated in-house by capital.Com.

The features category presents new traders with fresh ideas.

Investmate is at the core of education provided by capital.Com. It features six goals for new traders to select, followed by six distinct paths to reach them. New traders can explore various approaches to trading and determine the most suitable one. Over thirty short courses of less than three minutes each are included. The principle goal of investmate is to make what is often deemed complicated as straightforward as possible. It is exclusively available for mobile phones.

Five courses are available on the website, creating an in-depth introduction to the most fundamental elements of trading. Each is divided into multiple lessons and completed with a quiz to ensure new traders acquired the necessary knowledge. Numerous educational articles, including seven guides, are equally available. The glossary provides a comprehensive list of terminology.

Free 30-minutes webinars, which are hosted by chief market strategist david jones, are available to subscribers of this broker's official youtube channel. Interested traders can join over 55,000 subscribers for informative market-related topics. The newest videos may be viewed directly on the website.

Investmate offers a comprehensive educational course on mobile devices.

Five courses, divided into multiple lessons, allow traders to acquire the necessary knowledge to start their trading careers.

A quiz at the end of each course completes it.

Chief market strategist david jones also hosts free weekly webinars.

Customer support

Clients may access customer support, located in cyprus 24/5, via the webform, by phone call to one of the eight provided phone numbers, or via the live chat function. The FAQ section generally provides answers to the most common questions. Capital.Com is a well-operated brokerage where assistance is rarely required but easily obtained, if needed.

Bonuses and promotions

Capital.Com neither offers bonuses nor hosts special promotions.

Opening an account

The account opening process is remarkably quick and merely requires an e-mail address and username to receive access to the back office of capital.Com. New traders are required to verify their accounts, as mandated by regulators, to comply with AML/KYC requirements. A copy of the trader’s ID and one proof of residency document usually completes this process. Capital.Com is a regulated, transparent broker, and traders may trust it with their personal information as well as capital.

A username and password complete the account opening process, but verification is mandatory as required by regulators.

Deposits and withdrawals

Deposit and withdrawal options include bank wires, debit/credit cards, skrill, neteller, webmoney, sofort, ideal, giropay, multibanko, przelewy24, QIWI, and trustly. The minimum deposit is $20 or a currency equivalent for all methods. Bank wires require no less than $250. Payment limits are in place, but they are sufficient to cover the majority of retail and professional traders. Processing times are dependent on the payment provider. Capital.Com notes two to three days for credit/debit card withdrawals, with near-instant execution for online solutions. Per regulatory stipulations, the name on the payment processor and trading account must be identical. The overall choice is vast and allows traders flexibility in money management.

Capital.Com supports a broad range of payment options.

Daily payment limits are in place, but they are sufficient for the majority of traders.

Royal capital pro review 2020

General information

Deposit methods: credit/debit card, bank transfer, ewallet

Types of assets: forex, metals, equities, indices, bonds, commodities

Today, we have an experienced broker that has been in forex business since 2010. Royal capital pro is a company from estonia and the whole team is made from successful traders. So, let’s see if those traders will be able to teach their clients and help them reach their goals.

Trading platform

Royal capital pro uses a well-known MT4 platform. Although this platform is loved by professional traders, if you are a beginner, you will love it too. It is customizable and you can change the details as you wish.

MT4 platform can offer you a lot. Different charts, easy to use interface and one-click trading. But most importantly, there is a mobile app. Aside from that, you can use the royal capital pro online trading service. This is an online platform that will enable you to make purchases instantly, follow trades in real-time, and manage your orders. The selection is not bad at all, we have to say.

Account types

You can choose between three different accounts. Aside from that, there is an islamic account that has different trading conditions. There are some things that are the same for each account. For example, all trading instruments are available and account currency is the U.S. Dollar. Also, you don’t have to pay any commissions, a margin call is 150%, early closure fee is 5% and the maximum size per each lot is up to 50.

The first account is the classic. Minimal deposit is $500, and you will have help from an account manager with a professional degree in economics, three trading sessions, and free learning materials.

The second one is silver. Minimal deposit this time is $2,500. Account manager and free learning materials are included, but instead of three, you get five trending sessions.

The last option is gold account. The minimum deposit is $10,000 but you will be able to enjoy more advanced materials and learn different things. There are seven trading sessions available, daily market reviews and recommendations as well as access to all trading tutorials.

Royal capital pro also provides an islamic account. This is an interest-free account and buying or selling happens instantly, without any delay. There aren’t any up-front commissions, re-quotes, or hidden costs. You get free and instant access to all platforms.

There is one other thing that is great about this broker. It has a cashback program. You will receive from $1 to $10 for every LOT you trade. There are three different programs, the first one is with the smallest deposit (between $5,000 and $10,000) and you receive $1 for each LOT traded. In order to receive $5 per LOT, you have to deposit from $10,000 to $50,000, and to get $10 per LOT, the deposit has to be over $50,000.

This may sound a little, but once you calculate the amount received in a period of a couple of months, you see it’s not little at all.

Customer support

The first thing royal capital pro promised is customer support in 32 different languages. Well, you cannot count on that, since the only language available in english.

As a contact method, you can choose between email, phone number, online form, and live chat. If you are in a rush, we would always suggest a phone call. The online form works fine, you should type the message and the reply will arrive in your inbox. But the live chat option is disappointing.

When you take the first look it looks just like any other live chat. In reality, this is another contact form. You are supposed to attach your message and wait for a reply. It’s not live and you won’t have an immediate answer. Honestly speaking, customer support could be much better than this.

Deposits and withdrawals

There are three deposit/withdrawal methods available. One is credit/debit card, another is bank transfer and the third is ewallet option. If you choose to deposit using a credit card, keep in mind that the only available currency is the USD. That said, if this is not your primary currency, the bank might charge you additional fees for the exchange.

The withdrawal process is fast and easy. In order to make a request, you need to prepare some documents. Once you have everything, there is a waiting time that lasts up to 24 hours. After the approval, the money will be on your bank account or ewallet within seven business days.

Royal capital pro does charge some fees for each transfer ($25 per transfer). But the main problem we have is the fact that this broker can change its fees without any prior notice, so be aware of that.

Education

When it comes to education, they have four different segments. Forex trading strategies is the first one and it explains basic things about forex. This part is free for everyone, unlike the rest.

The second segment reflects on trading signals and it is made just for registered users. There is also an overview of the forex market and a mini glossary. Unfortunately, royal capital pro doesn’t provide the news section and that is very disappointing. If you are not updated with the latest news, you won’t be able to make proper decisions.

To summarize our thoughts, we have to say there are much better places for trading. Royal capital pro doesn’t offer a lot and it certainly promises more than it’s able to fulfill.

Royal capital pro review - is royalcapitalpro.Com scam or scam or good forex broker?

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Trading accounts

Account type	minimum deposit	maximum leverage	spread
classic	$500	1:200	from 4.9 pips*
silver	$2,500	1:200	from 4.9 pips*
gold	$10,000	1:200	from 4.9 pips*

*these are the spreads which we observed after opening an account with the company. They weren’t mentioned on the website and may be subject to change in the future.

Royal capital pro is a forex broker, which offers several account types. Islamic (swap-free) accounts are also available.

The company. Security of funds

Company	country	regulation
media zone solutions LP	UK	N/A

Royal capital pro is owned by media zone solutions LP, which is based in glasgow, scotland. As the name suggests this is a marketing company, which may have a partnership with another broker. However this is not disclosed on the website. Furthermore they are not overseen by the financial conduct authority (FCA) or any other regulatory agency. This is very troubling, as all unregulated companies carry a lot of risk.

To put it into perspective – when trading with an unregulated broker, you may not get your investment back (let alone your profits). In order to ensure the stability of client funds, most countries have dedicated agencies, like the aforementioned FCA, which is one of the most reputable ones. It has the authority to enforce rules upon the brokers, which it oversees. When it comes to the security of your funds, two of them stand out.

All FCA-regulated brokers must keep clients’ money in the so called segregated accounts. These are specific bank accounts, which can’t be freely accessed. This prevents scammers from simply accepting money and not offering any service in return. Additionally all FCA-regulated brokers participate in the financial services compensation scheme (FSCS). It protects clients against their broker declaring bankruptcy. If you trade with such a company and it happens do go insolvent, your account will be protected up to £ 50,000.

Minimum initial deposit
the entry level at royal capital pro is $500, which is a bit high for the current environment. Most brokers, like fxpro require only $100, with some demanding even lower levels.

On the other hand this factor does not provide any information on the viability of a broker, when viewed separately. Financial regulation is, in our opinion, the most important aspect of a company’s credibility.

Average spreads & commissions
the costs of trading at royal capital pro are not disclosed on their website. That being the case, we tested their services, after opening an account. The trading platform revealed a EUR/USD spread which fluctuated between 4.9 and 5.0 pips. This level is astronomically high for the current environment, as most brokers offer something in the 1.0-1.5 pip range. You can always view the current offers, provided by some of the top-rated forex brokers on our special page.

Leverage
the leverage at royal capital pro is capped at 1:200. This is a level which will suit most trading systems. That being said, a lot of brokers nowadays provide 1:500 or even more.

This may lead to the false presumption, that higher leverage means better trading conditions. This is definitely not true, as the only thing a higher leverage ratio provides is the ability to risk more. This is definitely not recommended, especially for beginners.

Royal capital pro offers trading via metatrader4 (MT4). This is the most well-known forex trading program, which is utilized by many forex brokers. The platform offers a great charting solution, with lots of technical indicators being available. Furthermore custom solutions are available. This is the most unique feature of MT4 – the MQL marketplace, which features thousands of new custom tools for the platform, including technical indicators and automated trading systems (or expert advisors).

Furthermore the platform has a web version, as well as mobile apps (for android and ios). They replicate the functionality of the desktop version pretty well, with the app being one of the most advanced ones available.

Here is a screenshot of the platform provided by royal capital pro:

Methods of payment

The methods of payments offered by royal capital pro are credit card and e-wallets such as skrill, neteller, wevmoney and cashu. Bank transfers are not officially listed as an option, but they are probably also available.

Royal capital pro is an unregulated forex broker. This makes the company less than ideal, without looking at the other factors. On top of that trading conditions are very unfavorable, as the spreads are very wide, when compared to the competition. Here is a summary:

Pros	cons
metatrader4 available	lack of regulation
very wide spreads
no demo accounts available

Latest news about royal capital pro

FXTM a regulated forex broker (regulated by cysec, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.

XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

Fxpro is a broker we are particularly keen on: it’s regulated in the UK, offers metatrader 4 (MT4) and ctrader – where the spreads start at 0 pips, level II pricing and full market depth. And the best part? With fxpro you get negative balance protection.

Fxchoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

Hotforex is a EU regulated broker, offering wide variety of trading accounts, including auto, social and zero spread accounts. The minimum intial deposit for a micro account is only $50 and is combined with 1000:1 leverage - one of the highest in the industry.

Royal capital pro broker review

Minimum deposit

Bonus

Maximum leverage

Year founded

Regulation

Trading platform

This is not a verified broker!

We do not recommend you trading with this broker. Its regulation and reputation is doubtful.

It’s already difficult enough choosing one broker out of hundreds, but scam brokers like royal capital pro make it imperative that you make the right choice. Winding up in bed with such companies will cost you an arm and a leg, which is why you need to stay away from the royal capital pro scam. We know this is a scam because the company displays a lot of the warning signs everyone should be aware of when it comes to forex scams. Once you learn to identify these, then you will be able to avoid other such scams in the future.

Why is royal capital pro a scam?

To know whether a forex broker is running a scam or not, there are a few warning signs to look for. The first and most important one is whether they have the proper financial regulation. Every company that deals in financial services is supposed to be overseen by a financial regulator. The main reason for this is to ensure the safety of those who deal with the company, while also ensuring that the company complies with the country’s laws. Following a thorough royal capital pro website review, there was no mention of a financial regulator or license number. What you will find out, though, is that royal capital pro is merely the trade name for media zone solutions LP.

This company is located in glasgow, scotland and is even registered with the UK companies house under company number SL025891. That still doesn’t qualify whether is royal capital pro legit? All companies operating within the UK are supposed to be registered with the companies house, but that is not the same as having a license with a financial regulator. That is because the companies house does not have the authority to prosecute a forex broker as a financial regulator does. Therefore, there is no financial regulation over royal capital pro, and that is a problem.

Since they cannot be pursued by the authorities, they suffer no repercussions for defrauding their clients, which is why they do it so often. Media zone solutions LP was officially registered in 2016, two years ago, and since then has gathered a trail of negative royal capital pro reviews. Many of those who have suffered at their hands complain about the company failing to process their withdrawals, leaving them hopeless. Had the company been regulated by the FCA, those clients would have been refunded by the FCA and the company fined. However, there is no recourse for these clients since the company is not regulated.

Besides, it is also curious that the company itself, media zone solutions LP, doesn’t have any people linked to it. Usually, a company lists their main personnel including CEO, chair, etc. Only shell companies hide such details because they do not want to be identified after they have committed the crime. Therefore, our royal capital pro review indicated a lot of shady behaviour within the company that made it look a lot like a scam.

How does the royal capital pro scam keep running?

Knowing that this company is a fraud, you may be wondering how they keep pulling in more clients and no action is taken. That happens when a new trader has not done the proper royal capital pro review before giving them their money. The bit where the company is registered with the companies house is often confused as being a regulated company. You now know that it is not. Besides, many people don’t pay attention to the smaller details, and instead take the website information as fact. What is therefore, most important to choosing a forex broker is to conduct extensive due diligence to learn more about the company itself before giving them your trust.

Prutoncapital.Com review

Prutoncapital is a forex broker. Pruton capital offers the metatrader 4 and MT mobile forex trading top platforms. Prutoncapital.Com offers over 25 currency pairs, metals, energy, indices, stocks and binary options for your personal investment and trading options.

Website is down. Company seems to be out of business.

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I am from malaysia. We had been scammed by pruton mega holding limited, a team of people from indonesia (2 persons) & together with few people from malaysia (3 persons). In july 2015, they came to malaysia and set up a training center (phileo damansara) to recruit people or IB to work for them. I also came to check on that. I met mr erick li, he showed me the CFD trading result database, there were plenty of members in the MT4 list. I never though that MT4 can be shadowed. Based on the result, mostly were wining trades, sometime you can see the losing trades. Average out of 10 trades, 3 to 4 are losing trades, overall the trading result is very convincing. He said all trades were handle by the professional team with over 20 years experiences (the senior leader). Previously they were in forex trading, now they are into CFD because it gave good profit if someone can trade well. So i joined the scheme, it was 9 months contract with monthly rebate/bonus from company of 8% to 15% according to monthly trade performances. I was asked to sign the agreement and he said that the agreement will then send to indonesia for sealing by lawyer then sent back to me. Anyway untill now, i still yet to get back the agreement. At the beginning, the trades were running smoothly with profit trades in weekly basis. Every month, there were month bonus or rebate deposit to my account as well. Based on the convincing result, i was then starting to introduce people including my friends in this scheme. Ahhh . Now i am really dragging my friends in this deep s***. I was my fault and got them involved in such trouble. Now all of us were stuck and lost all our hard earned money. 1st october 2015 joined the contract. October and november, there were 8 winning trades, monthly bonus given for 11% and 15% respectively for oct15 and nov15. No trade for dec15, he told me that there was company trip so no trade for the month. Everything was working so well, after the chinese new year in feb16, then there was losing trades in all my customers accounts. Hedging position was placed to secure the accounts. We all lost confident in this because i cannot contact him at all during the 1 week period. I called him to ask any solutions from traders. After few days only he informed us to funding in (better USD10K, if not the lower will be USD5K) in order to secure the situation. In the same time, HQ will support us by funding as the same amount as us our funding. After that, the amount will pull out after they settle the hedging position. We felt something fishy and no confident with them, so we decided not to fund in, just lets the traders to handle the situation. Therefore the hedging position still there, in the meantime traders still continued to trade. We can see the equity level was back to healthy condition, but they still not cancel the hedging position, erick said traders update its not the time yet, market trend was not good to unlock. Then the hedging position was dragged from mar16 till even now. Swap charges are there eaten the equity. The first contract should be due in jun16, but he said due to the hedging position then need to drag for another 1 month or further. I stared to worried and since the lost trade and unsettle hedging position, i not dare to introduce to any person. My client account remain as 6 in total. In early jul16, he called again to inform there is news from HQ that, the withdrawal date will be somewhere in middle july. I was so happy and exited, finally we can withdraw our money. So he asked me to get customers to fund in if they wish to renew their contract. I did ask him about the reason on fund in, why not just pull some fund from the old account to activate a new account. Firstly he asked for USD10K for renewal but i negotiated to USD3K. For whoever continue the contract, the next monthly rebate will increase to 20% with minimum level of 11%. This is to reward the old customers. However in the same time, the new comer investor monthly rebate will reduce accordingly. After funding, the hedging position still there. So we still cannot withdraw our money. Ahhh . I was starting to get worries. Kept texing him to ask about the withdrawal date. He kept giving me so many excuses of he is not handing the trades, it was traders decision, then the boss decision . Bla bla. Till early aug16, i started to call to the HQ, phone was ringing but no one pick up. My heart is sinking down and feeling sick with such condition, how am i answer to my friends and clients? I sent emails to HQ to ask about the explanation and withdrawal. But more than 3 emails, none of them reply to me. I had no solution but to bark at erick. Called to his mobile number, its disconnected, only once a while he read my messages the only reply. But still not giving the withdrawal date and date to cut the hedging position. My godness . Everything is late, we already sinking deep in the dark. Erick is keep changing his mobile number from previous +6017-610 5988 (malaysia line), thailand line (+66 94 264 5693) to +66 62 931 5077 (new number, but seem cannot be contacted). On 9th oct16, 3 lots SELL were put to BRK.A.Pro, all our accounts were burst. I text to erick the day after to inform him about this situation and asked for our capital back. He never reply and the number cannot be contacted then. I not sure how can we can go about to get back our money. I did call to PT pruton mega berjangka office, the phone number showed in bappeti website, the receptionist girl told me that pak erick will be lated in. Is this show that the official pruton HQ also behind the show? The office number given by erick which is totally different then bappeti website is still ringing but no one pick up since i called at end jul16. FPA team, we really need your kind support and helping hands to get back our money. I really feeling bad to my friends and clients. I was invested USD50K in the scheme, but i just hope that you guys can help them, priority to my friends and clients. Awaiting your reply here. Humbly hope that there will be solution for us & also awareness to public to stay away from this idiots. They are enjoying with people effort and hard earning money .

Aug 10, 2016 - 1 star hyrid secure fund for 9 months contract is a total SCAM. Minimum investment of usd10k or above. I and my friends joined this scheme since oct 2015. After 9 months company should pay us with the trades profit & monthly bonus of 8% to 13%. In the beginning, the trades were running smoothly with profits (1 trade a week or twice a month). However in march 16th, there were lost trades with hedging position. Half of our capital is at RED LINE. Then we were asked to add on fund around usd 5k to 10k, whereby company said they will support double of our funding to gain back the position. We felt something fishy & less confidence. So we decided not to funding &let's traders to handle the situation. Within 2 months, traders put in trades, little by little they had build back the equity. We can see our accounts were back to healthy condition but daily swapped still charging in our accounts. Even I asked the guy erick li (chief oversea consultant) when to close the hedging position. He always feedback with, no he in charge, traders will do their job. After 9 months already, I asked him about the withdrawal & the hedging position. Again he came back with the same excuses. Till early jul16, he asked us to put in some capital if we wish to renew a new contract. For the new contract, company is decided to give monthly bonus of 10% to 18% only for renewal customers. Whereby any new comers from jul16 onwards will have less monthly rebate. This is to reward the loyalty customers. Again, some of us funding another usd3k to renew the contract. After middle jul16, hedging position still there & we receive no email or calls from HQ about our money. This worried us. So many excuses were given, waiting for traders to check the market condition, boss yet to decide etc. Very frustrating, even passed 10 months going in 11 months, still no news on the withdrawal. Then I checked here, only know it was a SCAM. 7th oct16, trades performed & we lost all our hard earned money. We are so depressed & frustrated. We left no other solutions & no channel to complain. Feeling angry with this bunch of idiots, never thought that company can shadow the MT4. We all collapsed & frustrated when came to know this is a scam. Ahhhh. ..

Fxpro forex broker broker review

Reviewer : justin freeman

Published: 20th july, 2020.

Broker information

Company name: fxpro

Founded: 2006

Country: UK

Platform info

Platform: metatrader4, metatrader5, ctrader, fxpro edge (beta)

Dealing desk: no

Web based: yes

Mobile trading: yes

Broker services

Regulators: FCA, cysec, FSCA, DFSA, SIA

Minimum deposit: $100

Leverage: from 1:5 to 1:30

US clients: no

Funding methods: bank transfer, broker to broker, visa/mastercard/maestro, paypall, skrill, neteller, nganluong union pay

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Expert summary

Fxpro is a part of the fxpro group limited. Founded in 2006, the subsidiaries include fxpro financial services ltd, fxpro UK limited and fxpro global markets ltd.

The multi-regulated broker is authorised and regulated by the financial conduct authority (FCA) in the UK, cyprus securities and exchange commission (cysec), the financial sector conduct authority (FSCA) and the securities commission of the bahamas (SCB).

Individuals registering with the CFD broker can trade in 260+ financial instruments across five asset classes- FX, metals, shares indices, energy, besides futures.

The product range is accessible from three trading platforms- MT4, MT5, and ctrader. All the platforms come with the best in class trading tools, support eas and are accessible on computers and mobile devices. All you have to do is open an account, deposit a minimum of $500 and start trading.

When it comes to the trading conditions, the no-dealing broker offers a choice between fixed/variable spreads, zero commission on specific instruments, and instant/market execution. The spreads depend on the order execution type and the trading platform. The leverage, on the other hand, depends on the regulator. Retail clients in the UK and europe come under stringent regulations, compelling the broker only to offer max leverage of 30:1. Professional clients and those registering with the broker under FSCA and SCB regulations receive higher leverage in comparison.

Fxpro is one of the most widely regulated brokers in the industry, not only making them legit but also a go-to broker due to the full range of trading platforms & tools, services and excellent trading conditions. All orders come with stop-out levels, micro accounts, and VIP services.

However, the broker does not offer cfds in cryptocurrencies, the one drawback that is likely to put off the digital currencies traders. With a 24/5 customer helpdesk in over 25 languages, quick deposits/withdrawals, negative balance protection and investor compensation schemes, fxpro’s 70+ international awards are only an icing.

The firm is estimated to have about 1,300,000 clients, operates in over 170 countries, employs more than 200 individuals and is fully transparent in its business practices.

From august 1st 2018 new ESMA rules regarding stop levels and leverage will come into effect. You can read more about the stop levels and leverage here.

Royal capital pro review - is royalcapitalpro.Com scam or scam or good forex broker?

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Trading accounts

Account type	minimum deposit	maximum leverage	spread
classic	$500	1:200	from 4.9 pips*
silver	$2,500	1:200	from 4.9 pips*
gold	$10,000	1:200	from 4.9 pips*

*these are the spreads which we observed after opening an account with the company. They weren’t mentioned on the website and may be subject to change in the future.

Royal capital pro is a forex broker, which offers several account types. Islamic (swap-free) accounts are also available.

The company. Security of funds

Company	country	regulation
media zone solutions LP	UK	N/A

Leverage
the leverage at royal capital pro is capped at 1:200. This is a level which will suit most trading systems. That being said, a lot of brokers nowadays provide 1:500 or even more.

Here is a screenshot of the platform provided by royal capital pro:

Methods of payment

Pros	cons
metatrader4 available	lack of regulation
very wide spreads
no demo accounts available

Latest news about royal capital pro

So, let's see, what we have: after a careful royal capital pro review, you won’t think the same about this company ever again. A lot of warning signs point to there being a royal capital pro scam being run by this company, and people need to realize this before they fall into the trap. Find out what these signs are before it’s too late at capital forex pro review