Is Royal Dimex Legit or Scam?
Royal Dimex is highly likely a scam. Here’s why:
Unlicensed Operation
Opaque Ownership
Unsubstantiated Claims
Negative Reviews
All these indicate that Royal Dimex is a scam broker. We will show the details of our claim in later sections.
Royal Dimex Review: A Closer Look
Broker status: | Unregulated Broker |
Regulated by: | No license |
Operating Status: | Active Online Trading Sham |
Known Websites: | |
Blacklisted as a Scam by: | FMA, CONSOB, CNMV |
Owner: | Royal Dimex BRL |
Headquarters Country: | Austria (alleged) |
Foundation Year: | 2023 |
Online Trading Platforms: | None |
Mobile Trading: | No |
Minimum Deposit: | $250 |
Deposit Bonus: | No |
CFD Trading Option: | No |
Crypto Asset Trading: | Yes (BTC, ETH, LTC) |
Available Trading Instruments: | Crypto, Stocks, Currencies, Commodities |
Maximum Leverage: | 1:2000 |
Islamic Account: | No |
Free Demo Account: | No |
Accepts US clients: | US clients are not accepted |
Our opinion | Stay away from unlicensed firms. If you have deposited here, contact our legal experts. |
Services and Products
When the validity of their terminal alone is in doubt, the fake site is unable to provide many trading items.
The setup’s con artists, however, weren’t beyond fabricating claims that they had the greatest selection of goods. There is mention of these instrument groups:
Crypto (BTC, ETH, LTC, XRP)
Commodities (Gold, Silver, Livestock)
Stocks (Pfizer, 3M, Disney)
Currencies (EUR/USD, USD/JPY, EUR/CHF)
Trading Platforms and Leverages
There was nowhere to find the excellent software solution that was promoted on the website. First of all, there aren’t any download choices like those found on controlled domains. Second, because of the account creation problem, access to the platform is restricted even if it did exist in the form of an online trader.
The purpose of the Royal Dimex scam is to raise the leverage to 1:2000 while pretending that it will be advantageous for you.
If you have lost money to companies like T4Trade, Tori Coin please report it to us on our report a scam form.
Spreads and Cost of Trading
We must emphasize once again the reason why the majority of the most stringent authorities do not permit leverage greater than 1:30. Such exposure can swiftly become disastrous, especially for novice traders. The purpose of the Royal Dimex scam is to raise the leverage to 1:2000 while pretending that it will be advantageous for you.
We were unable to calculate any expenses since there was no legal paperwork available. The only charge that is specified is the $0.65 per contract trading fee for options.
Unlicensed: A Recipe for Disaster
The purported proprietor of the aforementioned website is the business that operates under the name Royal Dimex BRL. Regretfully, the scheme’s operator decided not to provide the company’s legal information and data.
Since all legal documentation appears to be missing, it is absolutely unknown where and under what laws the business is established. The webpage footer purports that the conduct is the owner of a Canadian financial license; nevertheless, the authority identified as the issuer is nonexistent.
Warning Against Royal Dimex
Not unexpectedly, FMA, CONSOB, and CNMV blocked this domain and company. The assertions of being incorporated in that jurisdiction are likely what drew unfavorable notice from the Austrian authorities.
Client Feedback: A Cautionary Tale
Reviews from clients paint a dismal picture:
Withdrawal difficulties: Many report facing hurdles when trying to withdraw their funds, raising concerns about potential exit scams.
Unresponsive customer service: Frustrated clients struggle to get help, further amplifying the lack of accountability.
Suspicious trading activity: Some suspect market manipulation to benefit the platform, increasing the risk of losing investments.
Reviews Advice: Your Ally in a Scam
If you’ve been scammed by Royal Dimex, ReviewsAdvice can help:
Gather evidence: Compile screenshots, communications, and transaction records to document your experience.
Report the scam: File a complaint with relevant authorities like financial regulators and consumer protection agencies.
Seek legal advice: Depending on the severity of the case, consulting a lawyer may be necessary.
We Will provide you recovery service recommendations, which will help you in recovering the lost funds or you can report to us today by the below form.
Get Your Money Back from Scammers.
Final Thought: Seek Safe Shores
The world of cryptocurrency is brimming with opportunities, but navigating it requires vigilance and due diligence. Avoid Royal Dimex and any platform lacking proper licensing and transparency. Choose legitimate, regulated brokers to protect your investments and embark on your crypto journey with confidence. Remember, if something seems too good to be true, it probably is. Invest wisely, invest safely.