Royal CFDS is a website that serves as an online and mobile platform for contracts for difference (CFD) trading. CFD is a new method of trading and investing that’s intended to serve as a quick and efficient way to profit in a number of markets. Royal CFDS also provides a wealth of educational tools to help educate its clients on CFD trading strategies.
What Is Royal CFDs?
Royal CFDS is a privately owned company operated by DIGITAL WORLDWIDE OU. The company has its headquarters in the Eastern European country of Estonia but has various offices worldwide. The Royal CFDS website boasts that it has improved the technology and user experience of trading and offers excellent customers service and support.
The Royal CFDS website states that it allows users to trade on all major markets, including commodities, indices, stocks, and forex. The minimum balance to open an account is $500. The company currently accepts AUD, USD, EUR, and GBP currencies.
One oddity of the Royal CFDS website is that it says nothing about the people running the company. The website states that the company’s senior staff has over 100 years of combined experience in investing and financial markets, with many workers holding advanced degrees and having previous work experience with global banks or major investment houses. However, specific names of the people behind Royal CFDS are impossible to find on the company’s website.
How Royal CFDs Financial Investment Trading Company Works
Royal CFDS offers four different types of accounts based on the amount of money each user chooses to deposit into his or her account. Each type of account comes with different features and services, with the more expensive accounts offering far more assistance. The four types of accounts are:
- Regular – For users who deposit between $500 and $10,000. Outside of a live trading webinar, it comes with few services.
- Ruby – For users who deposit at least $10,000. It includes access to a dedicated account manager.
- Emerald – For users who deposit at least $50,000. It includes smaller and better spreads than those that come with a regular or ruby account. Emerald users receive one training session and a one-on-one course on MT4. They also have their account managed by a senior account manager.
- Diamond – For users who deposit at least $100,000. Diamond users receive three training sessions, as well as both a senior account manager and personal analyst for their account, in addition to everything Emerald users receive.
Royal CFDS also offers a demo account so that users can get a feel for what it’s like to trade on this type of platform, making for an easy transition when you decide to make your account live. Evan after you start trading for real on Royal CFDS, you can continue to use your demo account as a way to try out new trading strategies or philosophies without risking actual money.
Royal CFDs Materials
In addition to providing a CFD trading platform, Royal CFDS also has plenty of educational materials. Users, depending on their account level, can access e-Books, online courses, webinars, seminars, and personal training to better understand trading and the various risks involved to help you turn a profit. The Royal CFDS website also provides market news, an economic calendar, exclusive analysis, a strategy calculator, and various other tools and services that assist users in making the best investment decisions possible.
Royal CFDs Benefits & Side Effects
The upside of Royal CFDS is real. It provides both a platform for trading as well as support for people to help them make the right investments. That being said, joining Royal CFDS is only worthwhile by depositing at least $50,000 to join one of the upper echelon accounts that give you access to the best support features, which is obviously a serious investment. Also, the fact that there is so little information about the company and the people running Royal CFDS website is a red flag about the company’s credibility and the risk involved.
Is Royal CFDs Right For You?
Royal CFDS makes it a point to say on its website that the company is geared toward those with experience trading, including professional traders. If this describes you, then Royal CFDS may be right for you. For the most part, It’s only viable for people who are serious about monitoring markets, making CFD trades, and turning a quick profit.