Regal Wealth Review

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Regal Wealth Review

Regal Wealth originally launched in 2020 as a binary options trading scam, and it is now promoting Forex trading. There are many people like you, who do not understand how these scams work, but if you read carefully we will explain it to you step by step.

When you are ready to trade CFD’s legally, with a licensed and regulated broker, you can look here to see the best brokers.

Regal Wealth Scam

Here is the most audacious part of Regal Wealth that shows it is purely a scam. They published on their site, (see screenshot below) that they will guarantee the first 50 members will make $10,000.

Who is Michael King, and how are you suppose to go and claim your $10K?

Are you going to send an email to the address on the Risk Disclaimer page: [email protected] Another interesting fact is that the video for Regal Wealth was uploaded to YouTube on June 1st, which is 2 days after the domain name regalwealthapp.com was registered. (The website no longer works).

Any real trading software will clearly write that they make no guarantees about the software, because who knows what a software will do.

Regal Wealth Review

The first thing you will notice on the main page of Regal Wealth is that they show you “live results”. We immediately noticed a huge problem with their live results. May 30th is a bank holiday in the United Kingdom, and Memorial Day in the United States of America.

This means that the stock market is closed, and there is no trading in Google shares.

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Regal Wealth Robot

Now that you see their live trading results are fabricated, you can have a look at their automated trading robot.

It doesn’t actually matter what the setting for the robot are, because we have no idea if it will attempt to trade Google when the stock market is closed or place random trades on the Euro when it is really trading with no basis to the algorithm.

Regal Wealth Automated Trading Robot

Scam Brokers

The man in the video told us that we are going to be trading with a trusted and secure broker. He said that the broker is the one that they recommend.

The Regal Wealth software connected us with a confirmed scam broker that went by the name Secured Options. We signed up from Italy, and we could not find a license from CONSOB anywhere on the brokers website, because they are not a European licensed broker.

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Australia ASIC Warning

“ASIC urges all investors considering trading in binary options to check they are dealing with an entity that holds an Australian financial services license or is authorized by an Australian financial services licensee and regulated by ASIC.”

Please share with other people which broker Regal Wealth told you to use in the comments below.

7 Binary Options

Marcio

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When we first heard about Regal Wealth, we thought this system came with an original approach. You can read our review to find out if you can really trust this ‘royal’ system.

Regal Wealth is among the most recent binary trading systems. It is introduced by a trader who states to have many years of practical knowledge of the market. The developer, Michael King, also says that the application includes all the necessary info that is essential to give traders precise details about the working process, the features, the potential, and so on. The clients can discover how the program operates and what it may generate.

Since we get plenty of criticisms about the recent binary trading systems that seem to be authentic but end up scams, we decided to analyze each program to support our readers and traders around the world to pick the ones that are genuine. In the following review, you are about to discover relevant info about Regal Wealth, a binary system that promises a lot but is not proven to accomplish the expected results. Keep reading on to find out how the system works.

Basic information:

Cost: Free
Software: 100% Automated
Max Returns: Up to 90%
Minimum Deposit: $200
Countries: All nations

  • The system is automated
  • The interface is intuitive
  • There is no clear info about the working process
  • There are many poor comments related to this system
  • The brokers from their list are not reputable

7BO Verdict:

Not Reliable Service

What is Regal Wealth?

Currently, it is difficult to demonstrate whether this application is a scam or not, but we will rely on our prior experience and intuition to help make you an accurate impression about it. Regal Wealth is quite recent and many details about it continue to be undetectable. Even so, we found some things that may indicate that the system may have some problems. First of all, it is important to note that traders who already dealt with it are not so positive about the Regal Wealth.

Many traders said that they have lost their money. There are many criticisms on the internet related to this service. The comments expressed by the developer also seem to be overstated. Considering the above, we made a decision to keep on with our research until we discover some tangible points to make a final verdict about this binary system. Until that moment, you may think about some other binary service of this kind that is authorized.

How does Regal Wealth work?

Programs such as this one are generally offered at no cost. So, the fact that the Regal Wealth’s developer is offering it for free didn’t surprise us at all. However, there is a payment that the potential client has to execute. As usual, you would have to opt for a listed broker and make a deposit that is no less than $250, in order to use the free binary system.

With so many details exposed on the sales page, we believed that we were going to learn more on how it really operates. Sadly, the developer doesn’t want to reveal much info regarding the program. As stated by him, the application utilizes an exclusive formula that is secret and an advanced algorithm system that allows it to hunt for market possibilities. The application covers all the functions associated with trading: doing analysis, making forecasts, and placing trades.

Here are the starting steps:

  • Registering – a register blank has to be filled up with precise info prior to using the application.
  • Trading – in order to trade, you need to make a deposit with one of the selected brokers and then apply the software.
  • Withdrawal – you should read the withdrawal conditions of the selected broker.

There are limited capabilities that are really important and add value to this application. The functions are quite standard and because of this, we don’t feel it may help clients generate wealth with a winning ratio of 85%. We don’t want to consider this application a total scam at this time, since we’re waiting for more relevant info and experiences. But we suggest you to stay away from this system because it is not clear if it really works properly.

Final Conclusion: is Regal Wealth a scam?

So, the final verdict is that this system is still suspicious even if we could not find many materials that could prove that it is a scam. Regal Wealth is one of those binary systems that you should avoid. Maybe the time will show the contrary, but until then, there are many reliable services that you should consider first.

Regal Wealth Scam Exposed! Legit Review Explains

Binary Scam Alerts is posting an immediate SCAM and Blacklist notification in regards to the Regal Wealth Software, App, and Autotrader as well as Michael King and Dominic Ward the cheaters. Our extensive review uncovered a vile plot similar to the Hedge Fund Formula Scam. These liars plagiarized the name of a real company and tried to get a free ride based on account of their professional reputation. Luckily our team was sharp and caught these criminals red-handed. Strangely enough they infringed on a trademark belonging to a company specializing in the fiduciary process, which means it’s more than likely there are lawyers behind this firm.

Official Scam Site: http://www.regal-wealth.co/

The fraudsters who produced this shameful SCAM risk getting sued now (I really hope this happens), and this is just for openers. We also reviewed the various elements of the scam, namely the presentation, software, accuracy levels, customer service, and transparency. This system failed our credibility test on all key parameters and we believe it to be extremely misleading and deceptive. There is nothing regal about this scheme, and the cheaters behind it are most likely less-than scrupulous marketers who will swear they are direct descendants of Queen Elizabeth if the deal is good enough. So after completing our extensive review and investigation our findings were unequivocal and very clear, we are dealing with a very dangerous binary options investment scam.

Proof of Scam
Initially this system started out with Michael King who is supposed to be the “founder and CEO of the Regal Wealth trading group“. We checked out his public profile and looked for the company. Believe it or not Regal Wealth exists, however it is managed by Gary Klein and Bill Beeler, they actually have a company Facebook Page as well and check out as totally legit as you can see in the image below.

However Michael King and Dominic Ward are ghosts without any social profiles and the people who hired them for the job are very nasty individuals who will stop at nothing to get their dirty little fingers on your hard-earned money. Even in the presentation Dominic is just a voice and imaginary character who simply takes over the staged environment and starts spewing lies at an incredible pace.

The software itself is a rehash of the Hedge Fund scam and George Dalio, there is no possible way you can profit with this app and we advise you to simply leave it alone and find more credible means of investing. To top it all off, they are using a type of widget which alternates random photos and automatically produces fake testimonials using image bank actors and stolen internet photos. The image below illustrates how this is done and how deceiving it is.

Regal Wealth Review
I believe there’s not much more that can be said, this is probably as bad as it gets in every possible way. These people have broken every rule in the book and proved to us they have no guilty conscience or any type of moral issues peddling this crooked piece of code. We are amazed at the sheer level of audacity these people have and extremely surprised by how they are not afraid to get a court subpoena based on every kind of internet fraud I can think of (including collusion and conspiracy to commit credit card fraud). This goes way beyond the usual inflated bank accounts and phony results produced by Photo Shop. I honestly believe not even the most sophisticated trading tools such as advanced candle sticks charting and bolinger bands on 60 second options will not help you achieve an acceptable win rate. It’s best you simply realize you have made a terrible mistake and collect whatever is left of your money.

Is it Free?
Not really, these people will charge you $250 for the software and it will be paid to the broker they recommend which may very well be unregulated and shady.

Similar Scams:
Well we have mentioned Hedge Fund Formula, but also Amissio, Lie Detector, Drexel Code, Quick Cash System, Millionaire’s Blue Print, the Free Money System, Push Money App, Greenwood, Centument LTD, Million Dollar Challenge, and Perpetual are all dangerous and should be avoided at all cost so don’t say we didn’t warn you.

Signals, Auto-traders, Bots, and Trade Copiers
Its getting to be inundating with the amount of requests we are getting for product endorsements, but we are refusing all of them at this point. Our recommended section offers the best systems only and we keep it updated on a daily basis.

Final Words and Review Summary
It’s not every day we see such a malicious SCAM like Regal Wealth and Michael King. This software, app, and auto-trader is simply criminal, there are no other words to describe it. There is not one thing I can see which is genuine, honest, or sincere about this system, or the people behind it. Our investigation has produced clear evidence of SCAM tactics and we are warning all our viewers and members to keep their distance from this despicable trading tool and use extreme caution if anyone you trust tries to offer it. Feel free to contact us through our Facebook group or YouTube Channel at any time for more updates.

Best Binary Options Brokers 2020:
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    BINARIUM

    Best Binary Options Broker 2020!
    Ideal for beginners!
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  • BINOMO
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    2nd place in the ranking!

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