Royal Oak Investment appears as an experienced broker that offers to join the community of traders and get a high income. However, when checking its site, we did not find the appropriate license from the regulator. Also, the issue of the legal address remains open. We will compile a review of the broker to identify possible evidence of fraud.
- Royal Oak Investment General Information
- Registration and Client Portal Review
- Royal Oak Investment Trading Conditions
- Account Types Review
- Trading Platform
- Royal Oak Investment — Deposit and Withdrawal of Funds
- Education and Partnership
- Is Royal Oak Investment a Scam?
- Legal Information and License
- Royaloakinvestment.com Domain Info
- Contacts Review
- Pros and Cons
- Frequently Asked Questions (FAQ)
Royal Oak Investment General Information
|Leverage||From 1:100 to 1:400|
Registration and Client Portal Review
The design of Royal Oak Investment resembles the interface of brokers, which we have already reviewed many times. You can watch a useless video where the broker promises to discover new technologies, make a difference, and explore the future.
Royal Oak Investment has prepared the best conditions for its wealthy clients. They can take advantage of the help of a personal mentor, receive funds on a priority basis, and attend exclusive events as a guest. However, let’s find out what is actually at least for ordinary traders.
The registration takes a couple of minutes. The user must enter personal data:
- Your name
- Country of residence.
Then you need to come up with a strong password. The only question is, how can the client restore it if the activation link does not come to the email?
The client portal is not very original. The main attention is paid to the terminal, which we have repeatedly met. You can add documents for verification, deposit your account, and view your trading operations. Besides, there is also a referral system feature.
At the same time, Royal Oak Investment does not provide a demo account. You can admire the charts and quotes, but it’s impossible to open a trade without real money in your balance.
Royal Oak Investment Trading Conditions
Royal Oak Investment invites clients to discover their potential in various financial markets. In turn, the broker promises a comfortable trading environment.
Account Types Review
At the beginning of trading, as always with such brokers, you need to choose the account type that suits your needs.
|Name||Minimum Deposit, USD||Leverage|
|Trial||250||Up to 1:100|
|Build Your Future||50K||1:300|
|Build Your Monthly Account||100K||1:400|
|Royal Oak Heritage||250K||Unknown|
And that’s not all. Royal Oak Investment has developed three VIP accounts: Luxe, Eminent, and Leading. To open them, it will take from 250 thousand to 1 million dollars.
Probably, they should have heavenly conditions for a trader. However, in reality, they simply do not exist. Each VIP account description contains a link to the registration form. By the way, the same thing happens with regular accounts. There is no division into accounts in your client portal.
The Royal Oak Investment workflow is carried out on a standard WebTrader. It can be opened in a smartphone, PC, or tablet browser. The software allows you to use the basic functions for placing orders, setting up charts and applying technical indicators.
To get acquainted with the software, you don’t even have to log in, as it is available via a direct link from the site. Nothing outstanding in it. The platform rebooted several times while writing the review. Obviously, this can affect trading with real money in the most unfortunate way.
Royal Oak Investment — Deposit and Withdrawal of Funds
The broker offers the following payment methods:
- Wire transfer
You can deposit your account only after the verification procedure. Withdrawals or refunds are made in the same way that the funds were deposited. The commission for withdrawal is 1%, but not less than 30 dollars.
Royal Oak Investment requests a standard list of documents:
- Proof of address
- Credit card copies.
Additional documents may be requested if necessary. In addition, we did not find fields for uploading docs in the client portal. The client may have to send them via email to an unknown person. Of course, such a KYC is not secure.
Education and Partnership
Like similar companies, Royal Oak Investment offers newcomers a gentleman’s set:
- Asset specifications
- Popular questions and answers.
All this is not original, as copied from other resources. At best, the source is TradingView. By the way, where the trading platform gets its liquidity from is a mystery.
For some reason, it’s not indicated on the Royal Oak Investment site. Nevertheless, in your client portal, there is such a nice addition as a referral program. Its conditions are:
- A one-time bonus of 250 euros with a deposit amount of over 1000 euros
- 10% bonus from each referral’s deposit (up to a total of 25 thousand euros).
The referral will receive 500 euros once with a deposit above 1000 euros. To participate in the program, it is enough to generate an invitation link. By the way, the amounts here are indicated in euros, on the dashboard, they are in pounds, in the description of accounts they are in dollars. Mess!
Is Royal Oak Investment a Scam?
We will not just blame the company for the low quality of service and the lack of documents. For this, we have real evidence, which is accompanied by screenshots.
Legal Information and License
The legal status is unclear because the company does not disclose it. If Royal Oak Investment has a Canadian phone number, then the firm must have an office in that country. However, such a legal entity is not registered in the public registry https://www.ic.gc.ca/.
Besides, Saint Vincent and the Grenadines is mentioned in the “Terms and Conditions”. However, in the registry of this state, there are many different “Royals” and not a single Royal Oak Investment. So the company doesn’t actually exist in this world.
Royaloakinvestment.com Domain Info
The founders do not say a word about the duration of work, although they call their project a global brand. Whois helped to clarify the situation. The domain appeared in July 2022. What kind of experience can we talk about in this case?
Judging by the Internet Archive, Royal Oak Investment was only launched on the site in September. Very promising.
To contact Royal Oak Investment there is a phone, email, message form, and online chat. Please note that you can call from Monday to Friday only until 1pm GMT.
Live chat also works only during the daytime, as in the evening it turns into a form of feedback to your email. In the afternoon, we managed to talk with the operator and ask where we could upload docs for verification. Alas, all activity on the site is possible only after talking on the phone.
Pros and Cons
- Instant response during working hours via chat.
- Slow software.
- No demo account.
- Verification nuances are unclear.
- No legal status.
- Just a few months of work.
Frequently Asked Questions (FAQ)
The broker offers excellent conditions for CFD trading, but all this is bluff and nonsense.
According to the site rules, you need to deposit $250 to start working.
Absolutely not. It’s worse than you might think. After a while, these scammers will deceive people on another site.