BrokersView
Search
Download
English
Sign In

RoyalStern

Save

Operating status: SCAM

Website: https://royalstern.com/

Broker violations and abnormal records
  • 2024-04-25 The German BaFin issues a warning against RoyalStern

    On 26 April, 2024, the Federal Financial Supervisory Authority (BaFin) warns consumers about the company RoyalStern and the services it is offering, suspecting the unknown operators of the website of offering consumers financial and investment services without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_04_09_RoyalStern_en.html

    On 26 April, 2024, the Federal Financial Supervisory Authority (BaFin) warns consumers about the company RoyalStern and the services it is offering, suspecting the unknown operators of the website of offering consumers financial and investment services without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_04_09_RoyalStern_en.html
  • 2024-04-29 BrokersView has reviewed that RoyalStern is an unregulated broker

    The registration information provided by RoyalStern is perplexing. It purports to be registered in the UK, while also claiming registration in Switzerland. However, our investigation indicates that it is not registered with the relevant financial regulators in either of these countries.

    What's more, the Federal Financial Supervisory Authority (BaFin) warns consumers about the company RoyalStern and the services it is offering, suspecting the unknown operators of the website of offering consumers financial and investment services without the required authorization. 

    In essence, RoyalStern is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    RoyalStern appears to be a scam.

    The registration information provided by RoyalStern is perplexing. It purports to be registered in the UK, while also claiming registration in Switzerland. However, our investigation indicates that it is not registered with the relevant financial regulators in either of these countries.What's more, the Federal Financial Supervisory Authority (BaFin) warns consumers about the company RoyalStern and the services it is offering, suspecting the unknown operators of the website of offering consumers financial and investment services without the required authorization. In essence, RoyalStern is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.RoyalStern appears to be a scam.

Related Complaints

Q&A

Where does RoyalStern locate?

RoyHarrison
Colombia
2024-04-30
ANSWER RoyalStern's claim of being registered in both the UK and Switzerland is puzzling. However, it's crucial to note that our investigation suggests that the company isn't registered with the relevant financial regulators in either of these countries. We strongly advise you to steer clear of this unlicensed broker.In addition to its dubious registration information, RoyalStern claims to have been providing services since 2005, spanning over 19 years. However, its domain name was only recently registered in September 2023. This significant discrepancy is a clear indicator of dishonesty.Furthermore, it's important to highlight the warning issued by the Federal Financial Supervisory Authority (BaFin). This German financial regulator suspects that the financial services provided through the platform are unauthorized.Therefore, RoyalStern is not a safe option, posing substantial risks of fraud and identity theft. Investors are strongly advised to avoid RoyalStern to protect themselves from potential scams. Instead, it is recommended to choose fully regulated brokers.
See more

comments

Be the first to review.
Rate and Review

Your review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.