RoyalDiam offers its clients trading on the exchange and investment in assets. The company claims to have been established in 2015, which is confirmed by the age of the domain. The company’s office is located in Monaco, and the legal entity is registered in the Republic of Vanuatu. Its activities are not regulated by any authority. Do you think trading here is safe?
How to Trade
Consumers can trade various assets, including stocks, indices, futures, bonds, and with a deposit of 1000 dollars or more, cryptocurrencies and metals. Additionally, customers can invest, and some users have access to deposit insurance and personal support. The minimum deposit is $150, and the leverage is 1:100. RoyalDiam offers three types of accounts:
- Newbie.
- With experience.
- Professional.
RoyalDiam Vital Info
The company claims to have been established in 2015, and its website was founded at the same time. However, we are not sure if the broker has been active all this time, as there are very few reviews about it online.
From the user agreement, we learned that RoyalDiam is registered in the Republic of Vanuatu. This zone is considered offshore. We did not find any information about regulation on their website. Do you think that just one registration is enough to trust the company?
I also became their victim. I saw that they have been in business for many years, checked the age of the royaldiam.com domain, and thought they wouldn't deceive me. But things turned out differently.
The company's employees stopped communicating with me politely after I completed the verification process... Before that, they were kind to me, explaining everything, but then they started responding dryly and even rudely once. I didn't expect such treatment. I tried trading on my own, but couldn't achieve anything. I decided to withdraw my funds and, to be honest, I have no hope left. I noticed that the company doesn't have a license, which was also something I should have paid attention to during registration... I made a mistake by not doing so, a big mistake.
I hope they will be exposed soon and shut down... projects like royaldiam should simply not exist... they are not interested in trading, they are interested in deceiving people. If they were a legitimate company with a history, they would have proper registration and documentation. But in this case... if any problems arise, no one will be able to help you, you won't have anyone to rely on.
Trading with RoyalDiam is not great at all. Spreads are huge and not as narrow as they promised, sometimes even reaching 20 or more pips. Slippages happen regularly because they have their own proprietary platform and they are definitely manipulating prices. The verification process is also very long. Overall, my impression is negative…
These are definitely scammers! I haven't encountered such deception in a long time. They just took advantage of me and swindled me out of a large sum of money... Give back my money!!! You will pay for this!
Royaldiam offers its own trading platform, but the problem with such "innovative" platforms is their slow performance, especially on mobile phones. They talk so much about trading from anywhere in the world, but in reality, I don't recommend using their platform on a smartphone. It only leads to frustration with slow technology and missed opportunities, nothing else. I just don't understand why they can't simply connect all clients to a popular terminal like MetaTrader. Is it really that difficult?
My friend is thrilled with royaldiam, trading and enjoying life, and successfully withdrawing money. However, this broker didn't work for me because they don't offer an Islamic account, which is important to me. Because of this drawback, I deduct points, and I hope you will consider adding this feature in the future.
RoyalDiam, just like many other brokers, has decided to deceive you! They do not have an office in Monaco, and this can be easily checked on Google Maps. I also doubt their years of operation. If they had really been in business since 2015, they could have obtained a license and built some reputation during that time. However, very little is known about them, and they have only recently started to be mentioned.
Their registration is offshore, and they do not disclose a precise address. I barely found a line in their terms and conditions stating that the company operates in accordance with the laws of Vanuatu. And the laws there are such that any fraudster can operate without any problems…
I had a really unpleasant experience with Royaldiam. At first, I liked them a lot. I registered here, and deposited money, and everything seemed good. But over time, they started to annoy me with their calls. And no, it wasn't about trying to help me learn how to trade. It was some pushy offers. First, they suggested depositing a large amount of money, and I did. Then they proposed opening an investment account, and I did that too. But they never gave me any useful advice.
In the end, I got fed up and decided to withdraw my money. But the withdrawal doesn't work! And when I tried to find out what had happened to my money, their willingness to communicate with me suddenly disappeared. I can't believe I didn't realize I was being deceived right away…
Everything is great… Great conditions, convenient platform, and friendly customer support. It's also convenient that the website is available in multiple languages, so I can recommend the company to friends from other countries. Overall, everything is good, no problems. I've also tried withdrawing money and got it quickly.
They deceived me... why did I act so foolishly and invest my money in RoyalDiam instead of a reputable company?
There is no training here at all. RoyalDiam often offers its services to beginners, claiming that anyone can handle trading. But in reality, their website doesn't have any webinars, courses, or even e-books. Personal support is only available for professionals who don't really need it. I just don't understand your logic. If you invite beginners, at least tell them where to learn about trading and investments. Recommend some courses since you don't have your own.
You have to worry about the safety of your funds with RoyalDiam. There is no need to confirm your phone number or email during registration. Your account is not secure, so your money can be stolen at any time. Your profile can be hacked, and they may even require you to upload documents for verification, which are also not safe. In short, they don't care about their users.
For some reason, I'm not earning any interest on my investment here. They promise high returns, but in reality, I don't see any money. The company's management refuses to clarify the situation. Overall, it seems like I've once again fallen for scammers and simply lost my money. I don't think it will be easy for me to withdraw them from here.
The conditions at RoyalDiam are better than many others. Have you seen many brokers who allow trading with just $150? Well, they do. You can even open an investment account, and if you invest over $1000, they will insure it. Overall, it seems like they have everything covered with guarantees.
When I need support from RoyalDiam, they don't respond at all. They haven't commented on the platform issues I've been facing. But when it comes to spam emails and phone calls at 11pm, they are always there. I don't want to trade somewhere that treats traders this way.