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Royal Diam

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Operating status: SCAM

Website: https://royaldiam.com/en

Broker violations and abnormal records
  • 2024-04-17 The BaFin issued a Warning against Royal Diam

    On 18 April 2024, The Federal Financial Supervisory Authority (BaFin) issued a warning against royaldiam.com, believing the company Royal Diam is providing financial and investment services on this website without the required authorisation. You may visit: https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_04_16_Royal_Diam_en.html.

    On 18 April 2024, The Federal Financial Supervisory Authority (BaFin) issued a warning against royaldiam.com, believing the company Royal Diam is providing financial and investment services on this website without the required authorisation. You may visit: https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_04_16_Royal_Diam_en.html.
  • 2024-04-21 BrokersView has Reviewed that Royal Diam is an Unregulated Broker

    Royal Diam claims to be located in the UK, which authorized and regulated under the European Financial Comission with reference number 412724, and also authorized and regulated by the Canadian Financial Industry Regulatory Authority (CADFIRA), registration number 241758, providing financial investment with stocks, cryptocurrencies, forex and more. 

    However, Upon investigation, we didn't find these two regulatory authorities. Royal Diam is not Authorized by the United Kingdom Financial Conduct Authority (FCA). 

    And the Federal Financial Supervisory Authority (BaFin) issued a warning against royaldiam.com, believing the company Royal Diam is providing financial and investment services on this website without the required authorisation. 

    The truth is that Royal Diam is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.

    Royal Diam is a scam.

    Royal Diam claims to be located in the UK, which authorized and regulated under the European Financial Comission with reference number 412724, and also authorized and regulated by the Canadian Financial Industry Regulatory Authority (CADFIRA), registration number 241758, providing financial investment with stocks, cryptocurrencies, forex and more. However, Upon investigation, we didn't find these two regulatory authorities. Royal Diam is not Authorized by the United Kingdom Financial Conduct Authority (FCA). And the Federal Financial Supervisory Authority (BaFin) issued a warning against royaldiam.com, believing the company Royal Diam is providing financial and investment services on this website without the required authorisation. The truth is that Royal Diam is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.Royal Diam is a scam.

Related Complaints

Q&A Complaints

3 comments

Samuel Ramanga Ndlovu
April 2024 I am Victim of Royaldiam broker This Royaldiam broker has misled me into believing I was engaging with legitimate investment opportunities, resulting in confusion and financial losses.I invested my money with this Royaldiam broker company I should have received my withdrawal profit their financial advisor keep on delaying the process for too long with the intention of not paying my money she keep on promising that I'd receive my money back multiplied this Royaldiam financial advisor keep on informing me how well my investment is doing and that there's a huge amount of profit to me they never had any intention to give me any money their goal was to get me to pay more and more hard earned money over to them. The person that I was communicating with no more communicate with me, I was told that I can easily replenish my Royaldiam profit from my account and withdraw profit from my account by submitting a corresponding request from my Personal Account or by calling Royaldiam support services. I was told that I can choose the most secure and fast deposit/withdrawal method bank transfer I was told that Royaldiam customer support team is available 24hours a day, 7 days a week and will happy to help me with my deposit or withdrawal request I've tried my best to reach out to Royaldiam support team for help but no one is responding they told us that their customer support is available 24/7 I was told that Royaldiam is trustworthy authorized and regulated under the European Financial Commission with reference number 412724 they say Royaldiam authorized and regulated by the Canadian Financial Industry Regulatory Authority (CADFIRA) registration number 241758 is this statement true?We were told that Royaldiam is one of the leaders in the global financial transactions market and has a lot of positive feedback from traders which confirms the reliability of the company and the professionalism of the team.I call upon Royaldiam support team to help me please my withdrawal request.
2024-05-21
1
Reply
Brokersview Official
Dear trader, we understand the distress and frustration that this issue may have caused you. Our investigation suggests that Royal Diam is a scam. To help you find a potential solution to address your issue, we kindly request that you submit a complaint on our platform at https://www.brokersview.com/complaint. Our team will thoroughly review your case and work diligently to assist you.
2024-05-21
Reply
Samuel Ramanga Ndlovu
Royaldiam broker is a big scam, I was a victim I lost my hard earned money in Royaldiam unregulated broker I invested my money with Royaldiam broker company I should have received my withdrawal profit money they keep on delaying the process for too long with the intention of not refunding my money, people must be very careful of Royaldiam scam broker
2024-05-16
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