Royal Stone Group has been flagged by Autorité des marchés financiers for "Unregistered/Unlicensed entity offering financial products or services". Royal Stone Group is not registered with the Autorité des marchés financiers (AMF) and is not authorized to solicit investors in Québec. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: royalstone-group.com.
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Royal Stone Group is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: Lost entire investment|Reported to authorities|Unresponsive
What really bothers me about Royal Stone Group is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them while looking for alternatives to my previous provider and I fell for the polished exterior. Never again.
Pros: Multi-currency support|Demo account available|Educational resources|Competitive fees
Cons: Would like more payment methods
Royal Stone Group locked my account without warning and demanded documents I had already submitted. for a couple of months now later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Dedicated account manager|Automated trading options|Intuitive for beginners|Easy to use platform
Cons: Cannot customize dashboard fully|Research section could be deeper
KYC with Royal Stone Group 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: Economic calendar|Portfolio tracking tools|Regular platform improvements|Great customer service
Cons: Live chat only during business hours
After spending since last summer trying to make Royal Stone Group work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Fast execution|Easy to use platform
Cons: Inactivity fee applies after 12 months|Currency conversion fee exists
The only good thing about Royal Stone Group is that they remind you why regulation matters. I found them based on a colleague's recommendation. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Automated trading options|Easy to use platform|Risk management tools|Tax reports included
Cons: None so far
If you are reading this considering Royal Stone Group - run. I wish I had read more negative reviews through my accountant's suggestion. I thought the positive ones were real. Maybe some are. My experience over since last summer has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Fast deposits|Personal attention|Customizable dashboard
Cons: Slow to add new assets
For anyone considering Royal Stone Group, please be aware that this company has been flagged by Autorité des marchés financiers. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Pros: Information is publicly available for verification
Cons: Appears in regulatory warnings database|Uncertain regulatory status
I referred a friend to Royal Stone Group through word of mouth in my investment club. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Automated trading options|Social trading features
Cons: Wish they had more educational resources|Account statements could be more detailed
After seeing ads for Royal Stone Group online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Autorité des marchés financiers. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Not registered with regulators|Unrealistic promises