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Is Royal Bank Trading a Scam Broker?
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Royal Bank Trading
Is Royal Bank Trading a Scam Broker?
Does Royal Bank Trading sound like a dependable broker? When you Google it do you see reliable-sounding listings. However, FI the Swedish financial authority has warned that Royal Bank Trading is a fake broker with no license that is trying to sound like RBC or the Royal Bank of Canada. This kind of confusion can cost people money and poses a serious ethical problem.
Is Royal Bank Trading a Scam or Legit Broker?
Royal Bank Trading is similar to a site cloning scam. This occurs when an unscrupulous party copies website content and creates a similar-sounding name to the real site. Be suspicious of any broker with a name that can be confused with an obviously legitimate and licensed broker. Double-check the license and avoid any that, like Royal Bank Trading, have had warnings issued against them.
Our experts found out the following about Royal Bank Trading
- Not licensed
- No transparency
- Trying to convince consumers it is legitimate
- Warning by Swedish regulators
Our experts do not recommend Royal Bank Trading. We encourage visitors to do research, read our broker reviews and select regulated brokers. If you have been scammed by Royal Bank Trading or any other broker, contact Broker Complaint Registry right away and we can advise you on fund recovery.
- The broker froze your account
- The broker blocked your account
- You cannot login back into your account
- Money has been taken out from the account
- The broker doesn’t take your calls
- The broker shut down his website
- You noticed the broker took money out from your bank account with out your permission
- The broker is offering you a bonus
- The broker is offering you to fund more money into the account after you lost a large sum
Don’t give up. You can fight back and get your money refunded. Start by filling the form above and we will get in touch with you and provide you with information on how to start the process.
