BlueRoyalInv has exactly the same website as another offshore scheme, Grand Pacific Trade. If you look at their disclaimer, account types, etc., you will see that the website was definitely made by the same person. Indicating this could be a plot to scam a large number of people through different fraudulent platforms.
| Broker status: | Offshore Broker |
| Regulated by: | Unlicensed Scam Brokerage |
| Scammers Websites: | blueroyalinv.com |
| Blacklisted as a Scam by: | N/A |
| Owned by: | N/A |
| Headquarters Country: | Saint Vincent and the Grenadines |
| Foundation year: | N/A |
| Supported Platforms: | WebTrader |
| Minimum Deposit: | $250 |
| Cryptocurrencies: | Available |
| Types of Assets: | FX, commodities, indices, shares, cryptocurrencies |
| Maximum Leverage: | 1:400 |
| Free Demo Account: | No |
| Accepts US clients: | Yes |
What About BlueRoyalInv Regulation?
BlueRoyalInv provided us with Australian and Canadian support phone numbers and nothing else. There’s no owner, official headquarters, or similar. The Terms and Conditions imply that the firm is offshore by stating that the governing law is the law of Saint Vincent and the Grenadines.
Why Must A Broker Have a License?
A broker must have a license to follow the regulatory rules and ensure that clients can get refunded if there are any issues. Tier1 license providers like FCA, ASIC, and BaFin oblige Forex firms to have significant compensation funds.
Since SVG has no financial regulator at all, BlueRoyalInv is another scheme you should watch out for and not fall for their story.
In order to add to the above, we strongly advise you not to invest inTheCoinTrust,WSPX andAGM Marketsfraudulent brokers.
Traders Reviews About BlueRoyalInv
BlueRoyalInve reviews are not very representative. Investors are explaining everything they’re going through with the firm, including the fact that they cannot get the funds back. The company has a malicious Bonus Policy and doesn’t approve withdrawals to any customer who hasn’t reached the bonus plus the initial deposit 20,000 times.
What Platforms Does BlueRoyalInv Offer? – Available Trade Software
The company provides web-based trading software, not even close to MT4 and MT5. While we’ve seen worse, this trading platform doesn’t support EAs, copy trading, social trading, or any other advanced features. Furthermore, the leverage goes up to 1:400, making investing with this firm riskier than it is.
All About BlueRoyalInv Accounts
BlueRoyalInv has 5 account types.
Besides the deposit, accounts differ in leverage, spread, and some essential trading tools.
Countries Where BlueRoyalInv Operates
The majority of BlueRoyalInv clients are from:
- US
- Australia
However, there are victims from Canada, South Africa, European countries, and more.
BlueRoyalInv Range of Trading Instruments & Markets
BlueRoyalInv offers access to the following trading assets:
- Currency pairs – EUR/USD, USD/JPY
- Indices – NASDAQ, S&P500
- Shares – NVIDIA, Amazon, Google
- Commodities – gold, oil, sugar
- Cryptocurrencies – BTC, ETH, XRP
Also, take notice of the titles of the trading frauds GMGroup, Oriontero, and Liquidspro and avoid them at all costs! Similarly, before investing, always research the background of online trading companies!
About BlueRoyalInv Trading Conditions
Besides unregulated leverage of up to 1:400, BlueRoyalInv broker has issues with other trading conditions as well. For example, the spread is too broad, starting from 1 pip for EUR/USD pair to 3.5 pips for some shares. It’s a huge gap, meaning if you want to invest in anything other than currency pairs, you will have to pay for it.
Bonus Withdrawal Terms
In addition, there’s an already mentioned Bonus Policy preventing you from withdrawals until you reach a rollover of 20,000 times the bonus plus the initial deposit. Suppose you invested $250 and got a $100 bonus. You will have to repay $7 million before being eligible to submit a withdrawal request that will be denied for some other reason.
BlueRoyalInv Deposit, Withdrawal Methods, and Fees
The company has never mentioned any deposit or withdrawal methods they accept or fees being charged for any action. Basically, however you deposited, we advise you to ask for a refund. If you have used a credit card, you’re entitled to request chargeback within 540 days from the fraudulent transaction.
Are You Already Involved With BlueRoyalInv? – Share Your Story With Us
If you find yourself scammed by BlueRoyalInv or a similar bogus broker, let us know. We’re available via online chat and waiting to book a free consultation with our chargeback specialists.
But What Is A Chargeback?
A chargeback is a way for your bank to recover the funds directly from the merchant if you can prove that you have been a scam victim. Let’s start the process now and increase your chances of winning the dispute!