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- Link: “Our best bonus ever” promotion from Royal Pip
- Dates: All year 2015.
- Available to: New and existing clients.
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| Bonus: |
Bonus on deposits with following conditions:
Deposit from $100 USD to $1,000 USD – Get a 50% to 100% bonus
Deposit from $1,001 USD to $5,000 USD – Get a 40% to 75% bonus
Deposit from $5,001 USD to $10,000 USD – Get a 30% to 50% bonus
Deposit from $10,001 USD to $25,000 USD – Get a 20% to 40% bonus
Deposit from $25,001 USD to $50,000 USD – Get a 10% to 25% bonus
Deposit more than $50,000 USD – Get a 5% to 20% bonus |
- How to get: Make a deposit and request it. Open an account if needed by filling out the form online.
- Withdrawal: Yes, after 1 lot has been traded for each 5 USD bonus.
- Other conditions: The promotion can be changed or terminated at any time without previous notice.
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Latest promotions:
Extra promotions:
Comments:
Alessandro
August 21, 2015Hai Jaron, can you tell me more about the risk to lose the deposit with this broker (i.e. to get disabled the withdrawal of your funds)?
Jaron
July 21, 2015I would strongly recommend all traders AVOID this broker.
I was initially attracted to RoyalPip after seeing their promotional material on their website that advertised the "unrestricted use of expert advisors".
Their website clearly advertises and welcomes "any trader types, including scalpers".
Because I wanted to run a scalping EA on my account I thoroughly checked out RoyalPip's willingness of allowing scalpers.
I funded my account on 30 June 2015 and following around 50 trades I made $275 profit. At this time, RoyalPip immediately disabled trading on my account. Around a week later I was advised by Dealers at RoyalPip that they "identified that I have engaged into Scalping."
RoyalPip then proceeded without authorisation to adjust the pricing of every trade made on my account.
With their adjustment of pricing, not only did they remove all profits, they removed an additional $200 so that my account balance was less than what I had originally funded the account with.
The lesser amount was then withdrawn and sent to me.
It is obvious from this brokers actions that they discourage and don't like it when traders make profits (even when those profits are only $275). It is also obvious that despite their website promoting and supposedly "accepting" any trader types, including "scalpers" that they can change their terms when it suits them.
If my dispute cannot be resolved with this broker I will be lodging this complaint with CYSEC.
For these reasons, and because of the removal of funds from my segregated account I strongly recommend you DO NOT trade with RoyalPip, operated by R Capital Solutions Limited.
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