Reported Website: https://www.royaltgs.com/en/
Royal Tungsten claims to be owned and operated by Royal Tungsten Limited, a company authorized and regulated by the Australian Securities and Investments Commission (ASIC) with an ASIC registration number 001296969. However, when we searched in ASIC, we found the regulation status had ceased on 1st Oct 2022. That means Royal Tungsten is no longer under valid regulation by any regulators. Investors’ funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
