The latest asset which has caught the imagination of the financial world is the crypto currencies. Bitcoin, the most popular crypto currency came into being in 2009 and gain into prominence in the year 2017. As many people earned their money by trading in crypto currency, more people want to jump into the wagon with the aim of earning more money and multiply their wealth and fortune. It is totally harmless for a person to aim big to multiply wealth by trading in crypto currency, but the matter is that one should do it in a legal and proper way. There are many laws involving buying and selling of crypto currency and one should adhere by those laws. Hence, the first important thing to choose a right broker who can guide you properly in your trading process.
If you search the market, you will get hundreds of brokers who are ready to offer you help with their list of long promises. But a little insight into the market shows that not all of them are genuine and most of them have end up in scams. An honest trader will not allow his money to get ruined and he becoming a law breaker in the eyes of the law. It has been observed that RoyalCBank broker is a one whom you can really trust upon and they are the ones who are considered to be genuine in the market.
This broking house was started by a group of first hand traders and hence they are aware of the fact what kinds of features are expected from a broker by the traders. Moreover, they are quite aware of the problems which a trader faces in the market and tried to offer solutions accordingly.
First of all, most scams are found to happen with those brokers who do not work under any regulatory authority. Traders want to trade with only those brokers who work under a regulatory. Keeping this point in view, RoyakCBank is under the regulatory guidelines of Financial Commission or FinCom. FinCom is an international mediator and they have a fixed set of guidelines which is being followed by its every registered member. FinCom has different categories and they have placed RoyalCBank under the category A, i.e. the most trusted category. If any trader faces any malpractice about any services offered by the broker, he can complain against it to FinCom. The latter will act as a mediator and sort out the dispute between the two. Moreover, the member brokers are also needed to pay a compensation amount of $20,000 to their traders as a part of the insurance policy. If the broker goes bankrupt by any chance, the trader will get proper compensation and not lose his money.
Another big advantage of trading through RoyalC Bank is that you can start with a single asset and then start adding more different types of assets to your portfolio. You can first start trading with the most popular crypto currency named Bitcoin and later on add other assets like Ripple, Bitcoin Dash and Dash. The team of experts at RoyalC Bank evaluates every single crypto coin before adding it to their asset list. The basic aim is to add those coins which have generated some value in the market and may increase their value in the future. This will help their member traders to make more profit and multiply their wealth in the future. They will also have a peace of mind that their money is not going to be wasted here.
Some brokers have made the sign-up process to be very complicated. The process is sometimes very annoying to the traders who are new to the game and doing it for the first time. Experienced traders also want to get fast access and start trading according to the market conditions. If you go through RoyalCbank review, they have made the sign-up process to be very simpler. At the time of opening the account, some basic details like the name and date of birth with email address and a password to log into the account.
Once the account is opened, they will push into the type of account you fit in the most. Actually, not every trader is the same and different traders have got variable skill set with different sets of demands. A new comer needs more customer support and tips than an experienced trader who have been doing trading for years.
The different types of account which they offer are –
- Basic – This account is for those traders who have just stepped into the world of crypto trading. The trader will have to make a small deposit of $250 and a great welcome bonus of 30%. They will be assisted with PRO Webinars, customer support throughout the day and access to the education centre of RoyalCBank.
- Beginner – This account is a step higher than the basic one. This one is for the traders who have got little exposure into the world of crypto trading. This account can be opened by making a minimum deposit of $10,000. Since the deposit amount is higher, the trader will get a higher welcome bonus of 40% on the deposit amount. With this account, the trader will get an accounts manager who can guide in all investment or trading decisions.
- Medium – This account is for those traders who have got some experience in trading of crypto currencies. Though the deposit amount is higher i.e. $25,000 the welcome bonus is a very high 60% of the amount deposited. Another big advantage is that the trader will get the help and guidance of an experienced account manager who can help the trader to get higher profits on his investment.
- Advanced – If a trader wants to take higher risk, then he can go for this account with a deposit of $50,000 and a further higher welcome bonus of 70%. The trader will get a VIP manager with this account as diversification of portfolios is necessary with larger margin of profit.
- PRO and VIP – These accounts are for professional traders with a deposit of $100,000.