Score
Marshall Islands
|
1-2 years
| https://www.rocamel-inversiones.com/
Website
Rating Index
Influence
D
Influence index NO.1
Venezuela 2.53
LicensesNo valid regulatory information, please be aware of the risk!
Marshall Islands
rocamel-inversiones.com United States| Royal Camel Review Summary | |
| Founded | 2024 |
| Registered Country/Region | United Kingdom |
| Regulation | Unregulated |
| Market Instruments | Forex, indices, commodities, CFDs and ETFs |
| Demo Account | ❌ |
| Leverage | / |
| EUR/ USD Spread | / |
| Trading Platforms | Sirix Trader |
| Minimum Deposit | $200 |
| Customer Support | / |
In Royal Camel, you can engage as a trader in the major markets across Europe, Asia, the United States, and Latin America, investing in diverse assets including stocks, indices, bonds, and more. But as of now, it has no regulation.
| Pros | Cons |
| Diverse trading products | No regulation |
| High minimum deposits | |
| A newly established company with limited experience | |
| No contact channels provided |
Royal Camel operates their business under regulated situation. Besides, it was registered on 2024-03-12. Its current status is clientDeleteProhibited, clientRenewProhibited, clientTransferProhibited, and clientUpdateProhibited, which means that the domain is restricted from deletion, renewal, transfer, and updates by the client.
Royal Camel supports more than 3000 instruments including forex, indices, commodities, CFDs and ETFs.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ❌ |
| Shares | ❌ |
| ETFs | ✔ |
| CFDs | ✔ |
| Mutual Funds | ❌ |
In Royal Camel, you can choose three types of live accounts: the Classical, Silver and Gold accounts. But it is notable that they require the minimum deposits of $200, $1000, and $25,000 respectively, which are rather high compared with other brokers.
Royal Camel offers Sirix Trader trading platform. Traders can utilize the options menu to perform various actions, including locating assets to invest in, controlling operations, monitoring trades, reviewing history, managing open positions, displaying graphs with different indicators, and accessing trading signals.
In conclusion, Royal Came is a newly established forex broker offering many variety of trading products. But it is not suitable for novices because it is not regulated and require high minimum deposits.
Is Royal Camel safe?
No. It is not regulated well.
Is Royal Camel a good for beginners?
It does not offer a standard trading platform like MT4 or demo accounts to help users familiarize themselves with trading conditions.
Is Royal Camel good for day trading?
No.
At Royal Camel, are there any regional restrictions for traders?
No.
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FX2292634603
Chile
Initially, everything is fine, (only small withdrawals work quickly), but as time passes and you deposit more, strange movements begin. Investments with ridiculous spreads (Mazda or Nintendo for example with 200); they control the entire platform and modify the information they show us. Moreover, their platform has serious errors that prevent positions from closing at the defined Take Profit or Stop Loss points. They block investments at their will, I definitely do not recommend them.
Exposure
Herman4818
Chile
The first advisor assigned to me, Ines Bustamante, led me to lose 10,000 USD. Then they assigned Mariana Fagundez to me, who was so persuasive that she convinced me to reinvest, which meant getting into debt to raise the money to invest. I have to admit, things were going well with Mariana, my investment had increased, until she suggested that I could purchase a safeguard insurance due to the volatile market situation. I raised the 2,000 USD she requested and we started trading again, but she guided me into a bad trade, and I lost everything, my account went into negative and she no longer replies to my messages. I find this disrespect immense, it's a scam, simply put, A SCAM. Where is the insurance that was supposed to cover a bad trade? They give me no answers. I've filed the complaint repeatedly to no avail.
Exposure
FX1457407768
Mexico
The executives' strategies suggest borrowing money to generate more profits. Everything seems fine, you trade profitably and suddenly they change the conditions (they increase swaps, start charging commissions on operations, and put very high buying and selling spreads so you can never close positions and also cannot withdraw). Even if you have a balance to withdraw, you have to beg the executives.
Exposure
FX2865490417
Chile
You are not allowed to withdraw freely, the executive has to authorize it.. They give you investment recommendations, but they are incorrect, and they do not account for the losses they cause you. I do not recommend it, not at all.
Exposure
fe9519
Chile
They do not allow withdrawing profits, errors are generated on the platform, they are not responsible for these errors, they process to not withdraw funds and finally close the account.
Exposure