When you are looking for an online broker, you have to have a checklist of items that must be present in the broker. You must always know about things that you can compromise on and things you are not willing to compromise on at all. This approach allows you to pick the right broker for your trading career. Yes, welcome bonuses are luring, but you should not give into the temptation of getting a first bonus without realizing that overall trading conditions will maybe become worse with your broker. Our review today is about RoyalCBank which is a broker who has understood what traders really want.
Top Rated Robot
80% Acclaimed Win Rate$250 Min DepositAccepts Credit Card
While there are a lot of things that this broker is doing right, here are the seven features it excels in and makes other brokers look ordinary. Let’s take a look at these features.
The Seven Most Convincing Features of Royal C Bank
1. Modern Trading Platform
You have to give the first credit to the broker for providing you with the most technologically advanced and modern trading platform. It adapts to the needs of the traders perfectly, especially the new traders. So, the first thing you have to know about this trading platform is that it is web-based. You don’t require any downloading to use this trading platform. All you have to do is to visit the website of Royal C Bank and start trading just like you browse on the website. The web-based trading platform provides the same trading experience across all the devices and operating systems.
When you download a trading software, you have to worry about its portability, mobility, and compatibility. If you are using the trading platform on your computer, you will not have the same one on your mobile phone. It will be a different thing because the developers have designed it for mobile phones. In a similar way, just because you have the trading platform available for your desktop does not mean it is going to be usable on your iPhone or Android phone as well. You find yourself stuck in a see of compatibilities and incompatibilities when you have to download the trading platform.
With Royal C Bank, you have the web-based trading platform. There is no downloading needed and you can have the same trading experience on this platform no matter which operating system or device you are on. There are no compatibility issues to talk about with this trading platform. Not to mention, since you don’t have to download the software, you don’t have to worry about upgrading, updating, and patching it over the course of time. All of that is in the hands of your broker. All you have to do is trade on this platform.
2. The Trading Asset Index
Another thing you will love about RoyalCBank is the asset index from this broker. You will find just about any asset that you want to trade on this asset index. You might be a new trader wanting to have a lot of asset options or you could be an experienced trader who wants to diversify his/her investment portfolio. In either case, you need to have access to an asset index in which you can trade hundreds of assets. That’s what you get when you sign up with Royal C Bank. This asset index has all the amazing assets from various financial markets of the world.
If you want to trade currency pairs, you have a lot of them here. You can trade the liquid and stable major currency pairs or you can go with the rare and exotic currency pairs for their volatility. While volatility means more risk, it also means that you have an opportunity to make a lot of money on your successful trades. You can also trade commodities. In these commodities, you will find precious metals like silver, gold, and platinum. In addition to that, you will also be able to trade energies like crude oil and natural gas. Last but not least, you can also trade wheat, coffee, corn, etc. in the soft commodities section.
3. Education for New Traders
You have to admire the fact that the broker is providing you with enough education that you can start with your trading career. There are many other brokers on the internet that teach you trading before you can put your money on the line. However, you will experience something different with this broker. First of all, you will find a lot of the trading information right on the website. If you want to know the basic concepts in trading, just the Royal C Bank website is enough for you. However, if you want to learn trading in depth, you can sign up with one of the trading accounts and get access to the educational material.
The educational material has been designed with new traders in mind, so everything makes sense to you right from the start. You can learn the basics of trading and the many strategies that help you make money off your trades even if the conditions don’t seem favorable in the market.
4. The Useful Trading Tools
This is something that you don’t get with many other brokers. They give you the access to their trading tools only when you have paid them a lot of money. In some cases, they will not make the most important trading tools available to you because you have signed up with a basic account. When you are with Royal C Bank, you will get access to all the important trading tools no matter which trading account you sign up with. These trading tools are there to help you make successful trades. Some tools are simple such as the news updates from the financial markets.
You will also have access to the trading signals to know whether you should buy an asset or sell it. In short, the broker is willing to help you in every way possible when you are a new trader.
5. The Many Account Types
A lot of the brokers like to make things easy for themselves rather than doing it for their traders. You can see that from the account types they have. They usually have only two or three types of accounts. That’s because they don’t want to get into the hassle of creating separate features for every account type. Not to mention, they don’t have enough to offer to put something different and unique in every account type. That’s where brokers like RoyalCBank come in. With this broker, you have six different account types from which you can choose one that suits your needs.
You can always pick the basic account if you are on a budget. However, if you have been trading for years and want bigger opportunities with huge bonuses, you can go with either diamond or VIP account.
6. Safety of Data and Funds
You can never ignore this particular feature when you are finding the right broker for trading. This is something that has to be on your checklist always. You want to make sure that the broker will take care of the information you provide and the funds you deposit in your account. When you provide your information on the website, you want it to be encrypted. Encryption means the broker has prevented your information from being accessed by unauthorized parties by making the information illegible. When it comes to funds, you want to have the surety that your funds are being maintained in segregated accounts as is the standard of the industry. You will get it all and the peace of mind when you sign up with Royal C Bank.
7. The Easy Deposits and Withdrawals
This is an area where a lot of the big brokers can disappoint you. They say they are going to facilitate you in everything but they don’t. So, when it comes to depositing funds in your account, they have all sorts of fees waiting for you. They take commissions on your deposits and you have to pay them. If you don’t pay the commission, the money does not get transferred to your account. At the same time, you have to pay commissions on your withdrawals as well. Of course, you will only withdraw money when you make profits. What happens is that these commissions then go out of your profit. You make less money at the end.
With Royal C Bank you can make your deposits without paying any unnecessary fees. At the same time, you can make your first withdrawal from the account without incurring any commissions and fees on that. Not to mention, you don’t have to withdraw over and over every month. With one free withdrawal every month, you can keep your profits intact and have the money back in your account as well.
As simple and straightforward as these features might seem, you will struggle to find brokers who offer you all of it in one place. Safety and security must remain your most important concerns. Secondly, you want to be able to open an account as a new trader without spending too much money. The trading platform should be usable on various devices and platforms. You get all of this and even more with Royal C Bank. Of course, this is why this broker is emerging as one of the best in the recent times.
Top Rated Robot
80% Acclaimed Win Rate$250 Min DepositAccepts Credit Card