Royal Fx Bank presents itself as a legitimate trading platform, but the evidence tells a different story. Here is what our review of Royal Fx Bank uncovered.
None found
High (4/4)
Undisclosed
Avoid — do not deposit
Who is Royal Fx Bank?
On the surface, Royal Fx Bank looks like an ordinary forex and crypto broker. Its public site is presented at https://royalfxbank.com/. But surface impressions are exactly what these operations rely on — the substance behind Royal Fx Bank is where the problems begin.
Is Royal Fx Bank regulated?
We could find no evidence that Royal Fx Bank holds a valid licence from any recognised financial regulator. Trading client funds without authorisation is one of the strongest indicators of a scam — there is no regulator to complain to, and no protection for your money.
Red flags we identified
- Withdrawals reportedly blocked behind “taxes,” “fees” or account “upgrades”
- Unrealistic profit claims and pressure to deposit more
- Offshore or shell-company registration used to avoid oversight
- No verifiable licence from a recognised financial regulator
- No credible physical address or verifiable corporate record
Our analysis
On December 18, 2023, the Cyprus Securities and Exchange Commission (CySEC) added Royal Fx Bank to its warning list, stating it does not belong to an entity which has been granted an authorization for the provision of investment services and/or the performance of investment activities. https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=12e1464d-4655-4384-a91e-5e4e43fb925a
Can you recover money lost to Royal Fx Bank?
If you have deposited with Royal Fx Bank, do not pay any further “fees” to withdraw — that is part of the trap. Funds sent to operations like this can sometimes be traced on-chain and pursued through the exchanges and processors that received them. Whether recovery is realistic depends on how you paid and how quickly you act.
Were you scammed by Royal Fx Bank?
You may still have options. Our team can trace where your funds went and tell you honestly whether recovery is realistic — with a free, confidential case review.
Start a free recovery review →Warning: never pay an upfront fee to anyone “guaranteeing” recovery. Cleverecovery does not guarantee outcomes.