FinsRoyal Review
- The company proves to be a great educational source for traders
- A Cyprus company regulates this company
- Binary options are no longer available
Overview
The trading business is excellent, but it does have a downside. What should you do if you come across a scammer? You should check out FinsRoyals review if you consider investing with them. However, here’s how to avoid becoming a victim of fraud.
Moreover, we encourage you to read our Cupiro, Noor Capital, and XPro Markets reviews. Also, those who don’t know about this company would be unable to take advantage of many opportunities therein.
This review explains it:
- Scam Broker Status: Unregulated
- Regulated Forex Provider: Unlicensed
- Websites of scammers: Fnsroyal.com
- Trading Status: Active Forex Scam
- Scam listed by: FMA
- Owner of the broker: N/A
- Country of Headquarters: N/A
- Year of foundation: N/A
- The platform for trading: WebTrader
- Trading on mobile devices: Yes
- Bonuses on deposits: Yes
- Trading in crypto: No
- Trading CFDs is possible: Yes
- Futures, metals: Indices, shares, indices, indices, indices, forex
- Leverage maximum: 1:50
- The Islamic Account is available
- No demo account, only live trading accounts are available
- The company does not accept US clients
- This broker is a scam! Please don’t invest in it!
Is FinsRoyal A Scam Broker?
There is no information available on the FinsRoyal Forex company’s corporate structure. There is only an email address and a UK phone number. Also, we do not have any information about the owner of the company, the year of its foundation, or the registration number.
There is no sufficient evidence that the service operates under the FinsRoyal brand name within the European Economic Area. In our checks of major EU regulators, including CONSOB, CNMV, FMA, and others, we did not find any FinsRoyal regulations. There is a red flag number one. There will be more to follow.
There is no regulatory authority over FinsRoyal. As a result of the FMA’s investigation, the company was exposed as a scam.
FinsRoyal Trading Scam: Where Is It?
As a result of our research, we have found that FinsRoyal mainly operates in the following areas:
- Canada
- Belgium
- Sweden
- Netherlands
- Australia
- Switzerland
How Does This Scam Broker Contact Victims?
A FinsRoyal agent will try to communicate with you in any manner possible – phone calls, emails, WhatsApp messages, Telegram chats, etc. As well as buying ads through Google Ads, Facebook, and Instagram, the broker also purchases ads through Google Adwords.
Also, the company purchases databases from other scam trading companies. Also, there is still a high chance that you will be contacted even if you don’t sign up with them. You now know how to do it. Therefore, we believe that staying away is enough.
What Can FinsRoyal Fraud Victims Do?
If you want to stop online fraud, you need to act immediately! If you’ve already lost money to the FinsRoyal scam, you’re probably looking for ways to recover it. You can count on our team’s experience; if you need help, just let us know.
There is still a chance that we can recover your money. It would be helpful if you acted promptly. Scammers don’t deserve to go free!
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FAQ
1. What Is FinsRoyal, and Should I Invest Money In It?
In its public disclosures, the FMA exposed FinsRoyal as a scam. Our team can help you recoup your investments if you have already invested them.
2. Does FinsRoyal Offer a Demo Account?
It is impossible to test FinsRoyal’s platform without depositing real money, so you need to deposit real funds to do so.
3. What Is the FinsRoyal Minimum Deposit?
A minimum deposit of 5000 EUR is required for a FinsRoyal basic account.
4. Is FinsRoyal a MetaTrader 4 Forex Broker?
The FinsRoyal platform is accessible only after verifying the account and funding it with funds.
