ROYAL CAMEL has been flagged by Comisión para el Mercado Financiero (Financial Market Commission) for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
If you are reading this considering ROYAL CAMEL - run. I wish I had read more negative reviews based on a colleague's recommendation. I thought the positive ones were real. Maybe some are. My experience over for over three years has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Quick verification|Fast deposits|Fast support response
Cons: Currency conversion fee exists|Nothing significant
Where do I even begin with ROYAL CAMEL? for the past six months of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Excellent charting|Intuitive for beginners|Automated trading options
Cons: Inactivity fee applies after 12 months
I opened an account with ROYAL CAMEL for about ten months ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Regular platform improvements|Multi-currency support
Cons: Nothing significant
Opened my account with ROYAL CAMEL from a blog post comparing services and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Stable platform|Segregated accounts|Instant funding|Easy to use platform
Cons: Withdrawal takes 1-2 business days|Live chat only during business hours
I invested $10,000 with ROYAL CAMEL 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 Comisión para el Mercado Financiero (Financial....
Pros: Initially responsive customer service
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
The hidden fees at ROYAL CAMEL are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Fast execution|Two-factor authentication
Cons: Nothing significant|Minor UI glitches occasionally
The so-called education at ROYAL CAMEL is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for about five months thinking they would help me learn.
Pros: Quick verification|Full transparency
Cons: No live chat on mobile|Withdrawal takes 1-2 business days
I want to warn everyone about ROYAL CAMEL. They have been flagged by Comisión para el Mercado Financiero (Financial... as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Pros: Initially responsive customer service
Cons: Lost entire investment|Reported to authorities|Unresponsive
My card was charged twice by ROYAL CAMEL on the same day. I had to dispute it with my bank. ROYAL CAMEL then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: No hidden fees|Excellent charting|Comprehensive tools|Personal attention
Cons: Onboarding videos are outdated
Several red flags with ROYAL CAMEL: (1) They promise unrealistically high returns, (2) They're not registered with Comisión para el Mercado Financiero (Financial..., (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Pros: Website looks legitimate on the surface
Cons: Not registered with regulators|Unrealistic promises