The Official Website Of Royal Tungsten - Https://www.cg-fx.co.uk/is Currently Unavailable. Therefore, We Can Only Collect Relevant Information From The Internet In Order To Present The General Situation Of This Broker.
General Information
Royal Tungsten Is An Australian Registered Forex Broker That Provides Access To Huge Financial Marekts Such As Forex, Commodities, Indices, Metals, Energy, CFD Stocks, ETFs, Etc. Three Trading Accounts Are Available With The Royal Tungsten Platform With A Minimum Opening Margin Of Only $1 And Traders Can Use A Maximum Leverage Of 1:500 On Their Positions.
Regulatory Information
Royal Tungsten Claims To Be Owned And Operated By Royal Tungsten Limited, Which Is Authorised And Regulated By The Australian Securities And Investments Commission (ASIC) With ASIC Registration Number 001296969. However, When We Searched In ASIC, We Found That The Regulatory Status Has Ceased October 1, 2022. This Means That Royal Tungsten Is No Longer Effectively Regulated By Any Regulatory Authority. Investors' Funds At This Broker Are Not Safe And Are Not Protected By Any Laws. Therefore, It Is A Scam.
Market Tools
Royal Tungsten Offers Access To A Wide Selection Of Traded Assets Including Forex, Commodities, Indices, Metals, Energy, CFD Stocks, ETFs, Cryptocurrencies, Bonds, All Available Through This Brokerage Platform.
Spreads And Commissions
Royal Tungsten Says It Offers Spreads From 0.0 Pips And Charges Low Commissions.
Leverage
Royal Tungsten Does Not Elaborate On Minimum Leverage. Since Leverage Can Amplify Gains And Losses, It Can Be Devastating For Inexperienced Investors. If You Are Just Starting Out In Trading, It Is Best To Stick To Smaller Sizes, No More Than 1:10.
Trading Platform
Widely Considered The Best Mt5 Trading Platform In The Industry Available Via Royal Tungsten, Accessible On Windows, Macos, Ios, Android.
Payment Methods
The Minimum Deposit For Getting Started With Royal Tungsten Is $100, And Deposits And Withdrawals Can Be Made With A Variety Of Payment Methods Including Visa, Mastercard, Neteller, Skrill, Telegraphic Transfer, Usdt.
Royal Tungsten Promises That They Do Not Charge Any Fees Or Commissions. It Only Takes 1-3 Hours To Approve Withdrawal Requests And Up To One Hour To Transfer Money.
Educational ResourcesSome Educational Resources Are Available, Including An Economic Calendar, Foreign Exchange News, And A Holiday Calendar.
Customer Support
Disappointingly, Phone Support Or Live Chat Is Available. Clients With Any Enquiries Or Trading Related Questions Can Only Get In Touch With This Broker Through The Following Contact Channels:
Email: Cs@royaltgs.com
Company Address: 118, Russell St Melbourne, VIC 3000, Australia
Opening Hours: Monday To Friday 8.30am To 5pm, Saturday: 9.30am To 1pm.
