Cryptocurrency Exchanges

Royal Trade Club

1.5 (13 reviews)
🇬🇧 United Kingdom
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1.5
13 reviews
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About Royal Trade Club

Royal Trade Club has been flagged by Financial Conduct Authority 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.

Customer Reviews

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Commission structure changed retroactively

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Richard E.
1 months ago

My withdrawal from Royal Trade Club was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. since I opened my account last year of being strung along.

Pros: Tax reports included|Easy to use platform

Cons: Limited demo account features|No dark mode on mobile

Something doesn't add up here

M
Mark B.
1 months ago

I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Royal Trade Club has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.

Cons: Flagged by Financial Conduct Authority|Cannot verify credentials

Password reset broken for weeks

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Oliver Z.
1 months ago

Royal Trade Club had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.

Pros: Automated trading options|Clear documentation|Multi-device support|Clean UI

Cons: Could offer more webinars

Leverage too high for retail

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Jasmine J.
2 months ago

I trusted Royal Trade Club with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.

Pros: Social trading features|Great customer service|API access|Clear documentation

Cons: Nothing significant

Rock bottom service quality

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Rebecca P.
5 months ago

The reporting at Royal Trade Club is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.

Pros: Demo account available|Good mobile app|Great customer service

Cons: None so far

Do your due diligence first

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Rebecca N.
6 months ago

I looked into Royal Trade Club and found they appear in the regulatory warnings database. Financial Conduct Authority 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: Flagged by international regulators|Due diligence required

Crypto only no stocks

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Leo E.
6 months ago

My card was charged twice by Royal Trade Club on the same day. I had to dispute it with my bank. Royal Trade Club 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: Regular updates|Tax reports included|Market news feed

Cons: Slow to add new assets

No API for automated trading

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Rachel F.
6 months ago

I requested my data from Royal Trade Club under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.

Pros: Responsive team|Detailed reporting|Educational resources|Full transparency

Cons: Nothing significant|None so far

Total fraud - reported to authorities

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James P.
6 months ago

Tried to withdraw my funds from Royal Trade Club and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.

Cons: Blocked my account|No legitimate license|Fake returns

No original thought

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Felix K.
6 months ago

Opened my account with Royal Trade Club after seeing their ad online 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: Helpful community forum|Fast execution|Clean UI

Cons: None so far|Search feature is basic