BrokAIr Reviews

Royal Review

Royal is one of the most expensive online brokerages in the market, yet its customer service leaves much to be desired. Is Royal really worth the premium price tag?

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Royal: An Overview

Royal is a leading online brokerage founded in 2006 by its CEO, Peter Smith. Royal is a global leader in trading and investments, offering its users access to a wide range of securities and markets. Royal has a strong reputation for providing reliable customer service and secure technology.

Pros

Cons

When it comes to public opinion, Royal has generally been well-received by both experienced traders and beginners alike. Many praise their wide selection of markets, reliable customer service and secure technology. The only negative feedback that has been reported is related to the high minimum deposit requirements for certain products and the somewhat complex fee structure. In terms of newsworthy events, Royal was recently recognized by the Financial Conduct Authority (FCA) as one of the best online brokerages in the UK, achieving the highest score in a survey conducted by the FCA. In addition, Royal was announced as a winner of the 2020 Best Online Broker Award by InvestingOnline.com, due to its impressive performance in various criteria, such as customer service and technology. Overall, Royal is a reputable online brokerage that offers a wide selection of securities and markets, reliable customer service and secure technology. While there are some drawbacks such as the high minimum deposit requirements for certain products and the somewhat complex fee structure, these do not detract from the overall positive experience users have when trading with Royal.