Royal National Capital Alliance has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Note: This entity is not connected and should not be confused with Royal National Capital Alliance Ltd (AFSL 474015). This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.rncapitalalliance.com.
After using Royal National Capital Alliance for about three months, 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: Educational resources|Segregated accounts|Fast execution|Comprehensive tools
Cons: Inactivity fee applies after 12 months|Search feature is basic
My withdrawal request from Royal National Capital Alliance has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Good analytical tools|Comprehensive tools|Wide product range
Cons: Search feature is basic|Help articles are sometimes vague