Royal Tungsten Review

 A forex broker with Australian registration, Royal Tungsten gives customers access to a wide range of financial markets, including those for forex, CFDs, metals, stocks, indices, and exchange-traded funds (ETFs). The lowest starting deposit amount for the trading accounts offered by the Royal Tungsten platform is just $1. Traders can use maximum leverage of 1:500 for their positions.

However, Royal Tungsten disappoints us with regulatory details because it is neither authorized nor regulated by any regulatory body. 

Trading leveraged goods, such as cryptocurrencies, forex, and derivatives, entails a high level of financial risk, so it may not be appropriate for all prospects. Please make sure that you are completely aware of the risks involved, keeping in mind your financial goals and level of expertise.

Because Royal Tungsten lacks a financial services license, we are unable to recommend them as a broker. On online forums, we also discovered some unfavorable remarks. It is best to avoid this broker because your money is not secure. 

To read more about the Royal Tungsten scam, read a complete Royal Tungsten review here.