Once you run a search on Google, you will be aghast at the number of brokers that exist today. In fact, more are added on a regular basis, which means finding one platform that can work for you is a massive challenge. You cannot possibly look at each and every one of them because you will never be done that way, as more platforms pop up every now and then. But, how do you choose then? The solution lies in asking some important questions about a broker to determine if they are a good option or not. You can take a look at this RoyalCapital.co review to understand just what you need to know.
Amongst the many platforms offering their services, the RoyalCapital broker has been able to garner a lot of attention and this led me to ask questions about it to know just what makes it a decent choice. Take a look below to know more.
Does it offer the right assets?
When you have to ask questions about a broker, it is best to begin with the assets it offers because trading them is how you will make profits. If it does not have the right assets, then there is no point in going forward or looking at anything else. Every trader will have their own preference when it comes to assets, so the right ones for you might not be right for others. However, when you check out the assets available on the RoyalCapital trading platform, you will realize that it aims at catering to all kinds of traders. How?
It is because rather than focusing on assets in just one market, it has opted to provide assets that belong to several different financial markets. This is considered a huge advantage because it enables anyone signing up with the RoyalCapital broker to be able to create a diversified trading portfolio. It is how they can minimize the risks that are inherent in trading and also increase their chances of making high profits. Cryptocurrency, forex, stocks, indices and commodity are some of the markets you can access via this platform.
Alt Text: RoyalCapital Trading Platform
Does it offer security?
Taking into account the rise in cybersecurity risks, opting for a broker without knowing its stance on security is a big oversight that you may end up regretting later. Fortunately, the RoyalCapital trading platform has not skipped this aspect and has used state-of-the-art security measures to provide all its users with peace of mind during trading. It begins with the encryption of all data shared on the platform to prevent it from falling into the wrong hands. The website is protected via the SSL (Secure Socket Layer) certificate, so you data remains safe.
Next, all the funds that you deposit in your trading account with the RoyalCapital.co broker are kept segregated, which means they are only meant for your trading activities and cannot be mixed with corporate funds. The possibility of misappropriation automatically declines. Identity theft, financial fraud and money laundering are also risks that are reduced through compliance with KYC (Know-Your-Customer) and AML (Anti-Money Laundering) measures.
Does it prioritize its customers?
Any brokerage that does not prioritize its clients in this competitive environment obviously does not care about its business or reputation, which automatically makes it untrustworthy. But, the RoyalCapital broker does not belong to this category and this becomes clear when you take a look at the exceptional customer support if offers. You can use a variety of channels, including phone, email, social media, live chat and messenger to connect with their team and they are available round the clock to give clear and professional answers.
Other than this support, the Royal Capital trading platform also provides learning material to traders if they do not have a background in trading, or want to keep up with the latest market trends and practices. There are guides, video tutorials, blogs, online courses and webinars to explore. This does not end here because the platform also comes with an array of trading tools that can assist traders in their trading decisions. These tools can enhance your trading performance and help you make the best decisions that benefit your bottom line.
Is RoyalCapital.co scam or legit?
Having doubts about the broker being legit or not is pretty natural, given how common scams have gotten in the market. In the case of RoyalCapital, I do not think anyone needs to worry about scams because its security features make it pretty clear that it is genuine. Nevertheless, I still took a closer look to ensure there were no red flags and there were none.
Conclusion
The answers to the questions listed in this RoyalCapital review can help you decide that the broker has addressed the major aspects of trading quite well and can provide you the services you need.
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