Royal Empress is a company that sets ambitious goals: to assist both novice and professional traders in capital growth, offers profitable auto trading, and plans to launch its own cryptocurrency. However, the lack of reviews confirming the company’s intentions raises doubts. We invite you to understand what cooperation with Royal Empress entails.
Analysis of Royal Empress Activities
Royal Empress has not paid proper attention to the quality of its website, and specialized resources have rated it low, and this is not accidental. The informational component of the website leaves much to be desired, and the domain was registered only in May 2022.
There are no reviews about Royal Empress yet; it is a new project that is actively promoted and aims to attract newcomers.
Interaction with customer support leaves much to be desired – the phone numbers and email addresses provided on the website turned out to be fake. A similar situation exists with office addresses – the address indicated in St. Petersburg does not correspond to reality.
Company Licensing
According to the information on the website, the brand belongs to Impress royalty Ltd. Registration details and the duration of activity are not specified. There is also no information about the company’s legal address. However, in the “Documentation” section, there is information about a certificate issued by CROFR. For verification, the company even offers a link to check the document. The certificate was issued in May 2022, indicating that the company is registered in the Marshall Islands.
The presence of permission from CROFR may create a false impression, but it does not guarantee the reliability and honesty of the company. In fact, CROFR is a pseudo-regulator that supports fraudsters. It is not surprising that the reviews about CROFR are negative.
It is important to remember that the only legitimate regulator in the Russian Federation is the Central Bank. However, Royal Empress does not have its permission, and the chances of obtaining a license are minimal, considering their false promises of quality support and compliance with international legislation.
Trading Conditions
Like many other scammers, Royal Empress does not provide a demo account for traders. They understand that under the pressure of negative reviews, their project is doomed. Therefore, immediately after registration, they offer to choose a tariff plan with various conditions:
- initial deposit from 250 to 50,000 dollars,
- leverage from 1:100 to 1:200,
- 24/5 support,
- minimum trade volume of 0.01 lots,
- minimum spread from 1.2 to 1.6 points,
- trading signals,
- expert support,
- video library,
- possibility of automated trading, financial plan creation, trust management, and participation in the loyalty program.
Additionally, Royal Empress offers an automated trading bot with a monthly return of 12 to 21%. The minimum deposit is $1000. The launch of the RE coin virtual payment system with a native token is expected.
Reviews About Royal Empress
Since the company Royal Empress has existed for less than a month, there are no reviews about it yet. However, considering the intensive advertising campaign and promotion, changes can be expected soon. If you have personal experience working with this company, please share your facts and reviews to help others.
Royal Empress Fraud Schemes
The scammers from Royal Empress attract newcomers by offering training and trading “under the wing” of professionals. Educational materials are available on the website, including courses on cryptocurrencies, as well as recommendations for using the AnyDesk remote access program. Although this software itself is not fraudulent, it can become the key to traders’ capital in the hands of fraudsters.
Scammers can easily zero your accounts or gain access to online banking and withdraw all your funds. Recovering your money will be difficult, and based on reviews, turning to CROFR is unlikely. In case of problems, it is better to contact a trusted chargeback service.
Conclusion
Royal Empress may operate with a certificate from CROFR, but this does not guarantee reliability. The project is highly suspicious and may face a wave of negativity in the future. All signs of fraud are evident. The scammers will not stop until they zero your accounts and disappear into offshore havens.
Royal Empress offers a range of brokerage services, though reported experiences with their platform and customer service have varied among users.
I am extremely dissatisfied with the broker’s work as they have consistently failed to meet expectations, displaying a lack of professionalism and competency in their services.