Royal Trust Group
Royal Trust Group has been providing financial services since 2007. The company is a subsidiary of the NIO Markets Ltd brand, registered in Saint Vincent and the Grenadines. The company’s legal address is in Cyprus. License information is not disclosed on the company’s website or its parent company’s website. A modern trading platform is offered. According to the website, Royal Trust Group was recognized as the best CFD broker in 2015. Trading with electronic currency and shares of well-known brands is possible. Access to the Forex market is provided for exotic, secondary, and major currency pairs.
Contact Information
If you need to contact customer support, you can use the following contact details: phone number, email, or feedback form.
Trading Conditions
To familiarize yourself with the platform’s functionality, you can use the demo mode, which offers virtual funds. The demo account is also useful for testing trading strategies. To start earning real money, you need to register and open a real account. Tariff details are not disclosed; for more information, you need to go through the registration process.
The broker offers real-time market access. Quotes for indexes, futures, and bonds are available.
Trading Advantages
Among its competitive offerings, the broker highlights: over 100 trading instruments, no requotes, protection against negative balance, zero spreads, leverage of 1:500, and the availability of swap-free accounts.
Trading can be done through the WebTrader and MetaTrader4 platforms, as well as in the mobile version.
Deposit and Withdrawal of Funds
The company does not set a minimum threshold for account funding or the currency of funding. You can fund your account with a bank card and electronic payment system, without specifying any commissions.
The same payment channels are used for fund withdrawals. The timeframe for crediting funds to the account is not disclosed. Only verified users can withdraw funds. Withdrawal requests are made through the personal account. A withdrawal fee is expected, but the fee amount and minimum withdrawal amount are not specified.
Conclusion
The company offers standard cooperation conditions. However, there are certain drawbacks, such as lack of tariff information and an undisclosed license. It is recommended to consult a specialist to obtain more detailed information and ensure the security of personal funds.
Dealing with Royal Trust Group has unfortunately been an incredibly frustrating and disappointing experience for me. I was misled from the beginning with promises of high returns and great customer service. Not only were the returns disappointing, but the fees were much higher than initially stated. To make matters worse, getting in touch with their customer service was a headache and replies were often vague and unhelpful. I felt more like a number than a valued customer. The overall lack of transparency and incompetence has made me regret choosing Royal Trust Group as a broker. I would certainly not recommend this broker to anyone.