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Royal Tungsten -

No Regulatory

Score

0.95 /10

Danger

Royal Tungsten

Item: Royal Tungsten
Rating: 0.95

Australia

Within 1 year

Suspicious Regulatory License

MT4/5 White Label

Chinese market only

High potential risk

Influence

Better than 10% brokers

Comparison

Website

Score

License Index0.00

Business Index2.70

Risk Management Index0.00

Software Index4.00

Regulatory Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!

Influence

Better than 10% brokers

Website

Comparison

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard

No restriction on the broker account. Support service provided by WikiFX

Single Core

40G

Open for free

Broker Information

Company Name

Royal Tungsten Limited

Company Abbreviation

Royal Tungsten

Platform registered country and region

Australia

Company website

https://www.royaltgs.com/en

Pyramid scheme complaint

Expose

Check whenever you want

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Google Play

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Android

Warning: Low score, please stay away! 2

Previous Detection : 2022-10-03

It has been verified that this broker currently has no valid regulatory, please be aware of the risk!

The number of the complaints received by WikiFX have reached 5 for this broker in the past 3 months, please be aware of the risk!

WikiFX Verification

Overview

Biz Area

WikiFX Survey

Website

MT4/5

Genealogy

Clones

Keywords

Account

Time Machine

Platform Capital Ratio

--%

-- --

100%

--%

100%

Fundamental Item(A)
Total Supplementary Items(B)
Debt Amount(C)
Non-Fixed Capital(A)+(B)-(C)=(D)
Relative amount of risk(E)
Market Risk
Transaction Risk
Underlying Risk

Capital
$(USD)

Exposure

5 pieces of exposure in total

Pyramid scheme complaint

Expose

Unable to withdraw

STAY OUT

This company only takes deposits and ask for more, they don’t allow withdrawals. they did the same with me before foreforensic ( my name here) came through with my refund assistance.

foreforensic_org

2022-09-29 21:02

Unable to withdraw

Royal Tungsten rooted in misdeed

The Royal Tungsten withdrawal difficulties prior to finrecoup has made it that i completely doubted the concept behind investing online and the withdrawal procedure as i was on the verge eof losing $10,000 in deposit and over $120,000 n profits

Janinecfx

2022-10-01 18:30

Unable to withdraw

Broker should be held accountable

I had lost everything i invested in Royal Tungsten who wasted a lot of time processing of my withdrawal request but still rejected it and when i tried to withdraw again, i got no useful answer from them regarding the 57,000 usd deposit i made to their platform

Xiang Ling

2022-10-01 16:14

Unable to withdraw

Fraud Alert

I sent them money via my bitcoin exchange, but when they said I had to top up my investment before I could withdraw, I realised I was dealing with a shady company , they did me bad before assetsclaimback ( received my return in full) I've made the decision to stop trading because most of this investment firm are scam)

Chenxx

2022-09-29 21:56

Unable to withdraw

I can't withdraw funds of 6.2 Million dollars (unable to withdraw & Scam)

I have deposited $5000 dollars (USD) in to Royal tungsten's wallet. I made lots of profits through scalping trading for few days and reached up to 6.2 Million Dollars (USD) Royal tungsten pointed out my trading is too frequent and violent. so they freeze my account for investigation. I understood they do investigation. However I kept telling them I didn't commit violation. There was some slippage while trading but I did trades myself using mobile phone.After investigation they told me I am abnormal and did illegal transaction. However, they didn't answer me valid reason why my tradings are illegal. They point out too many tradings with good profits. In order to withdraw money, they told me to make another deposit 10% of funds (620K dollar) that sounds like scam. I am really doubtful if Royal Tungsten is legit or not. They do not have company phone line and they do not answer any email. ( you can't basically reach to customer service unless you add them telegram)The email I received today, it is not even official email that requested me to make 5% deposit to unfreeze account. Looks like they keep trying to fishing me.You should not make any deposit to Royal Tungsten. They are not secured. 

duaos19

2022-09-28 20:18

Royal Tungsten

Licenses

Contact number

Broker Information

Broker Information

Check whenever you want

Download App for complete information

WikiFX Verification

Exposure

STAY OUT

Royal Tungsten rooted in misdeed

Broker should be held accountable

Fraud Alert

I can't withdraw funds of 6.2 Million dollars (unable to withdraw & Scam)

Broker Information