RoyalStox Review – Is it a Scam?
RoyalStox is a online trading scam. The company claims to have an easy-to-use trading platform, which features a variety of assets and offers security and banking diversity.
Many traders are concerned about the withdrawal procedure. Although the website states that you can withdraw your earnings in 3 to 5 days, this isn’t always the case. You’ll need to pay different fees based on the method of withdrawal. For example, if you’re withdrawing by bank transfer, you’ll have to pay $50, while for e-payments, you’ll have to shell out $25. Additionally, you’ll need to meet certain turnover requirements to withdraw your earnings. If you’re not reaching 200 turnovers or are inactive for 3 months, Royal Stox may be a scam.
Another problem with RoyalStox is that it’s not regulated. The reason is that it’s an unregulated broker, which means that it’s not protected by a regulatory body. This means that the company is likely to steal your money. And if you’re not sure about this, you can never be too careful. You should always research a forex broker before depositing your money. But it’s important to keep in mind that you don’t have to be an expert to profit from forex.
When looking for a legitimate forex broker, it’s important to make sure that you trust the company behind it. A scam brokerage may not provide you with adequate support or be reliable. This is why you should always read customer reviews before deciding on a particular trading platform. And when you have questions, the customer support is available by phone or email. It is worth mentioning that the platform has a 24-hour live chat feature.
Another scammers take advantage of the lack of customer support of a broker. Rather than answering any questions, they simply log into the user’s computer. When trying to withdraw money from an online forex account, Royalstox uses the documents on the computer to open a forex account. The company’s tone is also aggressive when it comes to requests for withdrawals. Once you’ve registered with the site, you can choose from two types of accounts: Basic and Silver.