Main Score & Risk Matrix
Royce Capitals is positioned as a competitive option for traders seeking balanced trading conditions, recognizable market access, and a score profile that sits above many mid-tier competitors.
Royce Capitals sits in a moderate-risk zone. Traders should validate account terms, funding methods, and jurisdiction coverage before committing larger deposits.
Royce Capitals is positioned as a competitive option for traders seeking balanced trading conditions, recognizable market access, and a score profile that sits above many mid-tier competitors.
Royce Capitals Ltd is registered in Labuan, Malaysia, and has been operational for 2-5 years. The broker offers a range of trading instruments, including Forex, Stocks, Indices, Energies, and Precious Metals, with leverage up to 1:400 and spreads starting from 0.1 pips on the MT5 platform.
Royce Capitals holds a Straight Through Processing (STP) license from the Labuan Financial Services Authority, which provides a legal framework for its operations. However, the broker’s reputation is mixed, and it is considered to carry potential risks due to its low regulatory score.
Market feedback on Royce Capitals indicates that users experience a reasonable quality of customer service and transparency. Nonetheless, the high minimum deposit requirement and a few reports of delays in withdrawals have led to some complaints among traders, suggesting a need for cautious engagement with the broker.
Royce Capitals prioritizes the security of client funds by holding them in independently regulated bank accounts, ensuring they are separate from the broker’s own assets. This practice aligns with the regulations set by the Labuan Financial Services Authority, promoting a safer trading environment for its clients.
Royce Capitals offers a maximum leverage of up to 1:400 across its trading instruments, adhering to local regulatory requirements. The leverage provided is consistent with the classification of clients as professional or retail, enabling traders to manage their risk effectively while capitalizing on market opportunities.
Royce Capitals has received various complaints, particularly concerning withdrawal issues, with some traders reporting delays. Credible sources of these complaints include user reviews on financial forums and trading communities. The broker appears to handle complaints reasonably, though the response times may vary. While there are instances of withdrawal difficulties, there is no evidence of large-scale or repetitive complaints leading to regulatory penalties or warnings. Overall, the volume of complaints is considered low, suggesting that while there are concerns, they are not widespread. Potential traders should approach the broker with caution due to its mixed reputation.
These are the highest-rated forex brokers registered in Malaysia.
The following brokers represent the highest overall trust scores across all regions on our platform.
A1: Royce Capitals Ltd is registered in Labuan, Malaysia, and operates under a Straight Through Processing (STP) license from the Labuan Financial Services Authority. However, its regulatory reputation is mixed, and potential traders should be cautious due to a low overall regulatory score and reports of potential risks associated with the broker.
A2: Royce Capitals prioritizes client fund security by holding funds in independently regulated bank accounts, separate from the broker’s assets. This practice aligns with the regulations set by the Labuan Financial Services Authority, promoting a safer trading environment for clients.
A3: There have been various complaints about withdrawal delays from Royce Capitals, with some traders expressing concerns on financial forums. While the broker handles complaints reasonably, the mixed reputation regarding withdrawal issues suggests that traders should approach this aspect with caution.
A4: Traders can reach Royce Capitals’ customer support through live chat, email at info@roycecapitals.com, or by phone at +60 87 584859. The broker is noted for providing a reasonable quality of customer service, although experiences may vary.
A5: Royce Capitals offers a range of trading instruments, including Forex, Stocks, Indices, Energies, and Precious Metals, with leverage up to 1:400 and spreads starting from 0.1 pips on the MT5 platform. However, traders should be aware of the high minimum deposit requirement and the broker’s mixed regulatory reputation.