SENTFUNDS

Al Royal Brokers FX

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in

High Risk

Reported as a scam / unregulated

SF-700140registry entry

Why Al Royal Brokers FX is on the register

According to its website, it claims to be registered with the Anjouan Offshore Finance Authority (AOFA). Upon investigation, we found that its license with AOFA has expired. In addition, the regulatory agency is an offshore regulator, the regulatory regulations are unclear, and the regulatory effectiveness is questionable. Investors are advised to be careful to identify and stay away from it. In essence, AL Royal Brokers FX is not regulated by any governing body. Entrusting it with investors’ funds is highly risky, as there are no legal protections in place to safeguard the funds. AL Royal Brokers FX appears to be a scam.

If you have money with this broker

  1. Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
  2. Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
  3. Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
  4. Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
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SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.