FCA warns against CFD Royal

The British Financial Conduct Authority has published a warning about the broker CFD Royal.

CFD Royal offers trading on the Forex markets via contracts for difference (CFD). The broker says it based in Marshall Islands, however, according to the FCA in reality it is based in Bulgaria.

But the main problem is that CFD Royal is soliciting people in Europe, while it is presenting data that belong to another company (Royal London Savings Limited).

CFD Royal is a broker that is not regulated, it has no authorization to provide investment services in regulated countries.

We recommend using regulated brokers only for trading.