RoyalStox Review Content:
- General Information/Regulations and Licensing
- Account Types
- Conclusion
RoyalStox Review
RoyalStox is an offshore broker that passes itself as a UK based firm. They have lazily attached the word “Royal” to its name and put a picture of the Queen on their website, to insinuate some connection to the United Kingdom. However, this is false, they operate as an offshore broker. This is of course the modus operandi of many scam brokers and RoyalStox seems to be one of them.
In addition, the broker doesn’t seem to hold any certificates, nor is it regulated by any official organization. all of this in combination is a sure sign that the broker is a scam.
On the front page of the website, it is stated that RoyalStox’s operates under Marom Partners LTD., which is registered in Saint Vincent and the Grenadines. However, this name does not get mentioned in any of the legal documentation anywhere else on the website. After doing some research, we have failed to find a company registered under this name altogether.
As a rule, it is not recommended to trust any broker that is unregulated by officially authorized organizations, such as the Cyprus Securities and Exchange Commission or the Financial Conduct Authority. Furthermore, it is doubly unadvisable to trust such firms that operate from St. Vincent and the Grenadines, as it is considered a safe haven’t to scam brokerages.
Account Types
RoyalStox has 6 account types. These seem to be like any you might find on legitimate brokerage sites. The accounts have the following benefits:
MICRO ACCOUNT – $250 – $4999
- 24/5 Support
- Dedicated Account Manager
- Partial Academy Access
- Access To All Trading Platforms
- One On One Trading Session
- WD in 5 Working Days
- Minimum Trade Volume 0.01 Lots
- Leverage Up To 1:350
- Spreads On Majors – Fixed
- Access To Account Manager Services
STANDARD ACCOUNT – $5,000 to $24,999
- 24/5 Support
- Dedicated Account Manager Up To 2 Weeks
- Partial Academy Access
- Access To All Trading Platforms
- Introduction Session
- WD in 7 Working Days
- Minimum Trade Volume 0.01 Lots
- Leverage Up To 1:200
- Spreads On Majors – Fixed
PLATINUM ACCOUNT – $25,000 to $49,999
- 24/5 Support
- Dedicated Account Manager Up To 2 Weeks
- Partial Academy Access
- Access To All Trading Platforms
- Introduction Session
- WD in 7 Working Days
- Minimum Trade Volume 0.01 Lots
- Leverage Up To 1:100
- Spreads On Majors – Fixed
- Spreads On Majors – Fixed / Variable
PREMIUM ACCOUNT – $50,000 to $99,999
- 24/5 Support
- Dedicated Account Manager
- Full Academy Access
- Access To All Trading Platforms
- One On One Trading Session
- WD Immediate
- Minimum Trade Volume 0.01 Lots
- Leverage Up To 1:500
- Access To Account Manager Services
- Spreads On Majors – Fixed / Variable Premium Spreads
VIP ACCOUNT – 100,000$ to 249,999$
- 24/5 Support
- Dedicated Account Manager
- Full Academy Access
- Access To All Trading Platforms
- One On One Trading Session
- WD Immediate
- Access To Account Manager Services
- Minimum Trade Volume 0.01 Lots
- Leverage Up To 1:750
- Spreads On Majors – Fixed / Variable Premium Spreads
- Debit CC that is connected directly to your trading account
BUSINESS ACCOUNT – 250,000$ to 500,000$
- 24/5 Support
- Dedicated Account Manager
- Full Academy Access
- Access To All Trading Platforms
- One On One Trading Session
- WD Immediate
- Access To Account Manager Services
- Minimum Trade Volume 0.01 Lots
- Leverage Up To 1:1000
- Spreads On Majors – Fixed / Variable Premium Spreads
- Debit CC that is connected directly to your trading account
Though at this point, this information seems almost moot, as it is obvious that all of the above information is fabricated to draw in novice traders with a promise of easy entry into the market and a clear progression route.
RoyalStox Review: Conclusion
RoyalStox, does an admirable job in passing off as a legitimate brokerage firm at first glance on their website. However, as soon as you start digging deeper, their gambit starts to become obvious pretty quickly. To confirm our theory, we went to other review websites, where we found that almost all reviews had a similar ring to them.
Do not trade with them
Save yourself from losing money. Do not be enticed by this broker’s offers. Do not trade with them.
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Worthless broker
Do not trust this broker company. The services are worthless.
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Poor signals
Poor signals and slow withdrawals. Will not trade with them again.
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Poor trading software
Poor trading software. I will have to face too many technical problems.
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Stay away
They ran away with my money. Stay away from them.
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Stay away
They ran away with my money. Stay away from them.
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Poor signals
One of the worst trading brokers I have traded with. Do not trust their signals.
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Stay away
They ran away with my money. Stay away from them.
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Slow withdrawals
Slow withdrawals. It took them almost a month. Had so many follow-ups.
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Unpleasant
Unpleasant people. They seem so nice and professional at first but right after the deposit, they turned to be very rude and unprofessional.
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Bad services
I can not depend on them as my trading broker. Services are not good at all.
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Do not approve withdrawal
So disgusting with this broker service. They do not approve withdrawals.
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Stay away
They ran away with my money. Stay away from them.
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Stay away
They ran away with my money. Stay away from them.
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Unable to withdraw
I had issues withdrawing money. Be careful not to choose this broker. A lot of trouble withdrawing money.
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Not good at all
Not recommended. Services, signals and tools are not good at all.
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Poor trading signals
Poor trading signals and services. I was not able to get the support I needed from this broker company.
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Not recommended
Very difficult to request withdrawals. Not recommended.
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Scammers
Notorious scammers. Avoid dealing with them.
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Not recommended
Very difficult to request for withdrawals. Not recommended.
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Do not invest
Do not invest with this broker company. They are very unprofessional when it comes to withdrawals.
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Unpleasant customer service
Very unpleasant customer service. They are bad mannered and are very unhelpful.
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Worst broker service
The worst broker service, I have ever worked with. Signals are always against the market.
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Not recommended
Very difficult to request for withdrawals. Not recommended.
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Not recommended
Very difficult to request for withdrawals. Not recommended.
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Not worth trading with
They are good in convincing people to add more money. But not really worth trading with.
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Expensive
Very expensive trading. But I never got anything in return.
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Not recommended
Very difficult to request for withdrawals. Not recommended.
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Do not deal with them
Software are very confusing and signals are never accurate. Do not deal with them.
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Poor trading services
Poor trading services. I will never recommend this broker and will not trade with them again.
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Do not invest
Do not invest with this broker company. They are very unprofessional when it comes to withdrawals.
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Not recommended
Very difficult to request for withdrawals. Not recommended.
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Do not deal
Negligent and very unprofessional broker. Do not work with them.
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Poor trading software
I lost connectivity every time I am using their trading software. I reported the issue and they insisted that it is my internet connection but other apps are fine. So I am sure that there is really a problem on their trading software.
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Bad people
Bad people, avoid them by all means.
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Difficult to withdraw money
This broker just ignore you when you want to withdraw your money. If you call them they just promise a payout in 24 hours. But nothing happens. This process is repeated over 4 months.. and they just ignored me.
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Avoid them
Avoid this broker by all means. They are not regulated.
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Not recommended
Very difficult to request for withdrawals. Not recommended.
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Not recommended
Very difficult to request for withdrawals. Not recommended.
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Worst broker
Worst than I could ever imagine. I have lost huge money on this. Beware, do not trade with them.
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Worst trading platform
One of the worst trading platforms. It always has technical issues. It is very confusing and difficult to interpret.
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Not recommended
Very difficult to request for withdrawals. Not recommended.
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Technical issues
Worst trading tools I have ever used. There are so many technical issues.
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Worst
Do not deal with this broker. Their services are one of the worst.
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Poor signals
Poor signals and slow withdrawals. Will not trade with them again.
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Bad customer service
Bad customer service. They are unhelpful and rude.
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Not recommended
Very difficult to request for withdrawals. Not recommended.
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Worst trading platform
One of the worst trading platforms. It always has technical issues. It is very confusing and difficult to interpret.
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Poor trading brokers
Inaccurate trading signals and poor trading terms. It is not a good idea to trade with this broker.
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Worst broker
Worst than I could ever imagine. I have lost huge money on this. Beware, do not trade with them.
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Poor customer service
Poor customer service. Their line is always busy and they are unresponsive on messages.
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Poor customer service
Poor customer service. Their line is always busy and they are unresponsive on messages.
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Inaccurate signals
Will never trade with them again. Signals aren’t accurate and not profitable as well.
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Worst withdrawal process
I was ask to provide so many documents but end up not getting my profit. My withdrawal request has been rejected.
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Stay away
Stay away from their offers. All are just traps to steal your money.
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Poor forex brokers
I am truly satisfied with their customer support who are always ready to help me. However, broker’s signals aren’t that good enough to gain profit.
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Broker signals are not accurate
I am not so happy about the broker signals sometimes they are not accurate and timely. But customer service is good.
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Annoying customer service
Annoying customer service. They know nothing but to transfer a phone call. Can this company hire better customer service?
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Bad broker company
I regret investing money with this broker company. I was not able to withdraw money.
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Poor services
Poor services including withdrawals. I had so much trouble with them.
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Worst trading platform
Worst trading platform. There are so many technical problems encountered during trading. It greatly affects my trade results.
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Fraud
Fraud broker company. They are fake so do not deal with them.
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Do not deal
Poor customer service and very unprofessional brokers. Do not deal with them.
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Poor forex broker
Do not trade with this broker. They are not good at all.
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Pricey trading instruments
Trading with them is too pricey. I am not going to deal with them again.
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Not recommended
Very difficult to request for withdrawals. Not recommended.
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Broker signals are not accurate
I am not so happy about the broker signals sometimes they are not accurate and timely. But customer service is good.
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Bad broker
Seems to be a good broker but they are really not a good one. They did not pay my profit.
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Worst customer service
Worst customer service. Out of all the brokers I have traded with, they have the worst customer service. Can’t even help me in any of my trading concerns.
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Poor services
Slow customer service and delayed withdrawals. Do not deal with them, find a different broker to trade with.
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Poor services
Slow customer service and delayed withdrawals. Do not deal with them, find a different broker to trade with.
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Inefficient trading services
I am not satisfied with the trading services. Unreliable and inefficient.
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Not legit
Not a legit trading broker. Do not invest money here.
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Unresponsive
Unresponsive customer service. They take concerns for granted.
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Not a trusted broker
Chose a different broker and avoid trading with this one. They are not trustworthy.
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Fraud
Fraud broker company. They are fake so do not deal with them.
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Bad people
Bad people are highly skilled in stealing money from people. Report them right away.
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Worst customer service
Worst customer service I have encountered. They sounded as if they are not willing to help.
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Do not invest
Do not invest with this broker company. They are very unprofessional when it comes to withdrawals.
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Unresponsive
Unresponsive customer service. They take concerns for granted.
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Not a trusted broker
I can not fully trust this trading company. I feel something really wrong is going on.
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Bad broker
Trusting this broker was my biggest mistake. They have stolen all my money.
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Bad trading experience
Bad trading experience. I have lost money on the trading offers.
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Not recommended
I will never recommend this broker to anyone. I experienced consecutive losses here.
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Annoying services
Annoying trading services, specially withdrawals. Aside from so many documents to provide waiting is never-ending.
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Fake brokers
They are unregulated and have fake company information.
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Inaccurate signals
Inaccurate trading signals and poor customer service. Do not deal with them.
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Slow customer service
Slow customer service. They do not attend to trading needs promptly, causing too many losses.
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Bad company
Bad company. Do not transact with them.
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Stay away from them
Stay away from them. They are liars and cheaters.
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Poor signals
Poor signals and slow withdrawals. Will not trade with them again.
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Cheaters
They cheat people. Stay away from them
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Avoid this broker
Avoid this broker at all costs. They will just ripped off your wallet.
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Not recommended
Very difficult to request for withdrawals. Not recommended.
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Poor broker
This ain’t a good broker to trade with. For 2 months, I don’t recall getting a decent profit.
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Poor forex brokers
Poor customer service. Slow withdrawal process. Inaccurate signals.
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Bad broker
Trusting this broker was my biggest mistake. They have stolen all my money.
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Worst broker
They are the worst broker I have ever dealt with. I deposited but is not able to get my money back.
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Not an ideal forex broker
Not an ideal broker for online trading. They can’t even come up with a good market analysis.
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Hard time on withdrawals
They give me hard time on my withdrawal request. I was not able to get my money from them.
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Worst company
Worst company ever. Steal money from people.
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Worst customer service
Worst customer service. Out of all the brokers I have traded with, they have the worst customer service. Can’t even help me with any of my trading concerns.
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Worst services
Worst and unreliable broker services. I can not depend on them being my forex broker.
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Not recommended
Very difficult to request for withdrawals. Not recommended.
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Frustrating withdrawals
There are so many issues with their withdrawal process. Very frustrating.
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Bad broker
Seems to be a good broker but they are really not a good one. They did not pay my profit.
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Not a trusted broker
Chose a different broker and avoid trading with this one. They are not trustworthy.
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Poor company
Poor trading company. Avoid them.
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Rude customer service
They have the worst customer service among brokers, very rude and unwelcoming.
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Cheaters
They cheat people. Stay away from them
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Bad people
Bad people that are highly skilled in stealing money from people. Report them right away.
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Unprofessional
I do not recommend this broker company. They are rude and very unprofessional.
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Poor actual trading results
A demo account will give very promising trading results but the actual trading is worst as hell. There are so many options but none of them gives good profit.
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Lose money
I regret dealing with this broker company. I have lost huge money on their trading scheme.
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Irresponsible broker
Irresponsible brokers and customer service. Their negligence has caused me too much losses.
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Slow customer service
Slow customer service. They do not attend to trading needs promptly, causing too many losses.
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Did not pay me
They did not pay my profit. Avoid this person.
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Illegitimate company
Illegitimate trading company. Do not invest money here.
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Expensive trading
Price keeps on increasing. I find it very expensive to trade with.
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Poor forex brokers
I am truly satisfied with their customer support who are always ready to help me. However, broker’s signals aren’t that good enough to gain profit.
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Poor forex broker
This causes miseries and problems. I have lost thousands of dollars because of them.
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Expensive trading services
The trading instruments, as well as services, are very expensive. Worst they are not delivering the services that I have paid, as if it is useless to pay for their services.
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Terrible broker
Terrible broker, they are using their company to scam people.
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Slow withdrawals
I am a bit disappointed with their withdrawal process, aside from lots of documents needed, I am waiting so long for the money. It’s been a week I still don’t have it.
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Not legit
Not a legit trading broker. Do not invest money here.
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Not a trusted broker
Chose a different broker and avoid trading with this one. They are not trustworthy.
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Scam-broker
Stay away from them. They are scam-broker.
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Bad people
Bad people that are highly skilled in stealing money from people. Report them right away.
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Poor services
Poor service. Just a waste of money and time. Not a good broket for forex trading.
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Stay away
Stay away from these people. They do not pay profit properly.
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Poor signals
Poor signals and slow withdrawals. Will not trade with them again.
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Scammers
Beware, do not trust this broker. They scam people. I am a victim, stay away from this.
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Do not deal
Do not deal with these trading brokers. Most of us who trade with them lose money.
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Do not deal
Poor customer service and very unprofessional brokers. Do not deal with them.
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Horrible experience
Horrible Experience. They are proven to be scammers.
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Inefficient tools and services
Annoying trading tools and services, very inefficient.
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Stay away
Stay away from these people. They do no pay profit properly.
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Poor signals
Signals are not good. They are used to work on elsewhere, on freezing money I guess.
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Stay away
Stay away from this broker company. You will only lose money here.
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Do not approve withdrawals
It is not a good idea to invest money here. They will never approve withdrawal requests.
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Not good at all
Not recommended. Services, signals, and tools are not good at all.
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Unhelpful
Extremely unhelpful. They are just after my money.
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Expensive trading services
The trading instruments, as well as services, are very expensive. Worst they are not delivering the services that I have paid, as if it is useless to pay for their services.
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Disappointed with services
Totally disappointed with the services. Withdrawal is very slow and signals are unreliable.
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Worst withdrawal process
I was asked to provide so many documents but ended up not getting my profit. My withdrawal request has been rejected.
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Bad services
Bad services, slow withdrawals, and slow withdrawals. Not trading with them again.
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Bad people
I was convinced to trade with them and have lost all my money in a snap. Avoid them, they are bad people.
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Poor trading advice
Poor trading advice. I followed their trading instructions but got more losses than profit. I will not trade with them again.
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Unable to withdraw
I am unable to withdraw anything from them. They accused me of so many violations.
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Lose my money here
I got a random call from them, invested a few dollars, and lose them. Good thing they were unable to pursue me to add more money.
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Poor trading advice
Poor trading advice. I have lost a fortune listening to this broker. Save your money from losses before it’s too late.
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Unable to withdraw
Once you deposit money here. You will never be able to withdraw.
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Worst company
Worst company ever. Steal money from people.
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Unhelpful
Extremely unhelpful. They are just after my money.
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Bad brokers
I am now facing so many problems because of this broker. Have lost all my money, sold my properties, and even face huge debts. Bad brokers.
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Expensive
I have noticed that instruments become too expensive. I am not happy with the services.
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Worst services
Do not trade with this broker company. SIgnals and services are really worst.
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Horrible broker
Horrible broker. Avoid them at all costs.
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Unreliable
Unreliable services. I regret trading with this broker.
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Do not approve withdrawals
It is not a good idea to invest money here. They will never approve withdrawal requests.
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Scam-broker
Stay away from them. They are scam-broker.
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Worst company
Worst company ever. Steal money from people.
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Bad broker
They do not approve withdrawals. Bad broker
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Slow customer service
Slow customer service. They are not good at all.
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Hard time on withdrawals
They give me hard time on my withdrawal request. I was not able to get my money from them.
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Fake brokers
They are unregulated and have fake company information.
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Bad broker
Trusting this broker was my biggest mistake. They have stolen all my money.
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One of the worst
One of the worst trading brokers. I will not trade with them again.
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Pure gambling
Pure gambling. No one wins here.
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Pitiful
Pitiful online services. Can’t even communicate well.
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Bad people
Bad people. I am seeking help from authorities to get my money back.
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Fake
It’s all fake. do not invest your money here.
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Poor actual trading results
A demo account will give very promising trading results but the actual trading is worst as hell. There are so many options but none of them gives good profit.
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Lose money
I regret dealing with this broker company. I have lost huge money on their trading scheme.
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Fraud
Fraud broker company. They are fake so do not deal with them.
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Not a trusted broker
Chose a different broker and avoid trading with this one. They are not trustworthy.
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Not legit
Not a legit trading broker. Do not invest money here.
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Scammers
Unregulated and notorious scammers. Avoid these people.
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Worst trading company
I have encountered the worst trading company. I lose all my money here.
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Fraud
Fraud broker company. They are fake so do not deal with them.
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Arrogant
Unhelpful customer service and arrogant brokers.
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Bad trading company
Bad trading company. Options are very limited and they do not approve withdrawal requests.
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Stay away from them
Stay away from them. They are liars and cheaters.
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Awful services
Services are very awful. I never earn anything trading with them, in fact, I have lost money instead.
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Poor trading company
Poor trading company. They do not approve withdrawal requests.
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Worst services
The worst trading services I have ever seen. I will never recommend them.
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Unregulated
Unregulated, avoid them by all means.
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Poor trading results
Customer service is friendly however I am not satisfied with my trading results. I lost more than I gain. I trade to earn profit not to make friends and so I will have to give them 1 star for poor trading results.
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Worst signals
Not a good broker company to deal with. They’ve got the worst signals I have ever used in online trading.
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Do not trade here
Do not trade with them, you will never get your money back.
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Did not receive my withdrawal
I did not receive my withdrawal. I filed for missing withdrawal and was asked to wait. They said they will investigate but they never get back to me.
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Bad customer service
Irresponsive brokers and bad customer service.
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Worst broker service
The worst broker service, I have ever work with. Signals are always against the market.
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Withdrawal takes time
Withdrawal here takes time. I waited for a few weeks before I got mine and so I decided to close my account.
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Stay away
Stay away from these people. They do not pay profit properly.
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Poor company
Poor trading company. Avoid them
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Slow customer service
Slow customer service. I had a very frustrating experience with this broker.
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Broker signals are not accurate
I am not so happy about the broker signals sometimes they are not accurate and timely. But customer service is good.
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They block withdrawals
These guys were all good until I had to withdraw. They always find a way to block the withdrawal requests.
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Unable to withdraw
I am unable to withdraw and their customer service becomes unresponsive.
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Worst customer service
The worst customer service I have ever dealt with. They are harassing and rude.
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Unreliable
I have undergo trading webinars and courses and have traded with this broker but I have lost a lot of money. Very unreliable.
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Inefficient forex broker
Not an efficient forex broker to trade with. Poor trading signals I may say. The moment I started trading with them for about 2 months, I got so many losses due to poor broker signals.
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Poor support
Slow customer service, some of my messages are left unreplied. Customer service is not always available to assist. Poor support.
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Avoid his broker
Avoid this broker by all means. I and my friends have traded with this broker and we all face the same problem; that is difficult withdrawals. Until now, we were not able to get our money.
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Do not deal with them
I would like to share my personal experience as a warning to all who want to trade forex. Do not deal with this broker, they will not let you withdraw profit.
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Difficult to withdraw
My money was stock on this broker service. It is very difficult to request for withdrawal, they keep on asking for additional documents but until now I still don’t have my money.
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Bad brokers