Forex Brokers

Impersonation of Royal Financial Trading Pty Ltd (royalcapital.app)

1.4 (8 reviews)
🇦🇺 Australia
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1.4
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About Impersonation of Royal Financial Trading Pty Ltd (royalcapital.app)

Impersonation of Royal Financial Trading Pty Ltd (royalcapital.app) has been flagged by Australian Securities and Investments Commission for "Registered/Licensed entity impersonators". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Beware - This company is not legitimate

K
Kevin D.
2 months ago

I was contacted by Impersonation of Royal Financial Trading Pty Ltd (royalcapital.app) through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.

Cons: Lost entire investment|Reported to authorities|Unresponsive

Proceed with extreme caution

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Nathan E.
4 months ago

I was about to invest with Impersonation of Royal Financial Trading Pty Ltd (royalcapital.app) but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Australian Securities and Investments Commission has actually issued a warning about this firm. Thank goodness I checked before sending any money.

Cons: Flagged by Australian Securities and Investments Commission|Cannot verify credentials

No API for automated trading

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Trevor T.
6 months ago

After using Impersonation of Royal Financial Trading Pty Ltd (royalcapital.app) since I opened my account last year, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.

Pros: Stable platform|Clear documentation

Cons: Account statements could be more detailed|Help articles are sometimes vague

Limited to their own products

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Trevor L.
6 months ago

KYC with Impersonation of Royal Financial Trading Pty Ltd (royalcapital.app) is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.

Pros: Two-factor authentication|Educational resources

Cons: No dark mode on mobile|Help articles are sometimes vague

Listed in warning databases - be aware

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Nathan R.
8 months ago

I looked into Impersonation of Royal Financial Trading Pty Ltd (royalcapital.app) and found they appear in the regulatory warnings database. Australian Securities and Investments Commission has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.

Cons: Appears in regulatory warnings database|Uncertain regulatory status

Account restricted after profit

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Kayla F.
8 months ago

The onboarding at Impersonation of Royal Financial Trading Pty Ltd (royalcapital.app) was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.

Pros: Segregated accounts|Real-time alerts|Dedicated account manager

Cons: Alert system is basic

Regulator has warned about them

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Lisa Y.
10 months ago

I closed a profitable position at Impersonation of Royal Financial Trading Pty Ltd (royalcapital.app) and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.

Pros: Regular updates|Portfolio tracking tools|Comprehensive tools

Cons: Would like more payment methods|Research section could be deeper

Beware - This company is not legitimate

V
Victoria E.
11 months ago

I invested $25,000 with Impersonation of Royal Financial Trading Pty Ltd (royalcapital.app) after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Australian Securities and Investments Commission.

Cons: Withdrawal fees demanded|Communication cut off|Not authorized