StsRoyal Review: An Innovative Cryptocurrency Trading Platform
The business and financial market have seen the need to embrace the cryptocurrency emerging industry, not only for its technological innovations, but also the profits and huge returns made by investors in the virtual asset industry. With a minimum investment, you can get involved and earn high profits from your smart investment in the market. Doing this requires you to have a trading platform that offers what you need in the market. There is an abundance of brokers, among the trusted leaders is StsRoyal. Though it is relatively new, the firm has gained popularity among market investors and those who know the value of having a reliable trading platform. StsRoyal also has several features that have endeared traders to its top-notch platform. If you are interested in trading cryptos, here is a review of a trading platform that is centered on digital assets.
StsRoyal at a glance
|Trading accounts||Explorer, Basic, Silver, Gold, and Platinum accounts.|
|Trading platform||Web based|
|Assets coverage||Five hundred cryptocurrencies and ICOs, Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Neo, Iota.|
|Deposits||Visa card, MasterCard, bank wire transfer, and cryptos.|
|Education and training||Yes. Trading academy (eBook, videos and courses)|
|Products||Bitcoin (BTC), Ethereum (ETH), Lite coin (LTC), Bitcoin cash (BCH), Ripple (XRP), and the Digital cash (DASH)|
|Parent company||Capital Letter GmbH|
|Trading accounts||Explorer account, Basic account, Silver account, Gold account, and the Platinum account.|
A quick overview of StsRoyal
StsRoyal, a product of Capital Letter GmbH, is a German registered trading firm offering trading of contracts of difference (CFD) on cryptocurrencies, commodities, stocks, currencies, and indices. With a vision of becoming the best broker in the cryptocurrency trading industry, the company provides the customers with the most money-making options with the latest industry innovations. The company has over 100 professional personnel that are vast in the area of financial investment, recovery, and portfolio management. This is why StsRoyal team of experts are working to make the trading process as simple as possible, and equally profitable for traders on its platform to serve its customers better globally.
StsRoyal launched three different offices in three different locations. These locations are Wenlock in London, Domica, and of recent in Cyprus. Irrespective of your level of experience as a trader or your location, StsRoyal is a global trading firm that can meet your unique needs from anywhere. The StsRoyal has been specially designed for cryptocurrency traders and investors. The company has robust, flexible trading conditions and instruments, with a network for protecting its clients.
Aside from this, StsRoyal has a unique interface that has been optimized for web and mobile interfaces. Besides, this interface is easy to access and navigate on all internet-enabled browsers and operating systems. StsRoyal also ensures that traders on its platform have access to world-class trading tools like trading signals, price charts, and others that can help them make smart decisions and have pleasant trading experience in the market.
Unique features offered on StsRoyal
A comprehensive security structure
In sign up with any broker, you need to ensure that your information and investment are well protected. The security features being offered by StsRoyal is of top-notch standard. The company follows the latest and strictest security standard to protect the information of its traders. The information you provide on their platform is encrypted to avoid being accessed by hackers and any unauthorized party. In addition to this, the broker asks for personal identification information at the time of signing up. This is to protect the account of its clients.
The verification process is a standard compliance measure for anti-money laundering (AML), know your customers (KYC) and counter-terrorism financing (CTF) laws and regulations. New customers have to go through the verification process, which can take up to five days to verify the account and other information provided. To get verified on StsRoyal, traders have to provide the following:
- Correct full name or names used.
- Current permanent address, including the postal code.
- Date of birth
- Profession or occupation.
- Current valid full passport.
- Government-issued photo identification card.
This should be accompanied by any of
- Copy of a recent utility bill.
- Local tax authority bill.
- Bank statement.
- Credit card monthly statement.
- Proper checking a telephone directory.
A customer with StsRoyal must pass through the verification process as a security standard. Also, the company is following international KYC policy, which is a 100 percent guarantor of security, and placed in order, to prevent fraudulent practices.
Top-notch customer service
A lot still needs to be learned in terms of trading cryptocurrencies. The digital assets industry is still new, growing, expanding, and new crypto projects are launched from time to time. Hence, traders in the crypto industry need a reliable and robust customer support system that would be ready to assist in any situation that may arise. StsRoyal has a top-notch help center, readily available 24 hours, five days a week. The clients of the company can reach the support team of the broker through the telephone, email, or chat. The live chat option can be used to get a solution or response from the customer support representative. Alternatively, you can use the telephone or email options to register your queries. The StsRoyal customer support team is well trained, courteous, and well informed to provide necessary guidance on any question from the company’s clients or potential customers.
Perfect interface designed for crypto traders
The StsRoyal platform was specially designed for cryptocurrency traders. A lot of brokers offer crypto trading assets and other financial markets, but they are not specialists in the area of cryptocurrency. StsRoyal is a specialist in crypto trading, and all features that can help a crypto trader have been incorporated in the design of the user-friendly interface. There is no need to convert your digital assets into any other currency to fund your trading account.
You can deposit three different types of cryptocurrencies in your trading account – Bitcoin (BTC), Ethereum (ETH), or Litecoin (LTC). With StsRoyal, no commission is paid on your crypto transfer into your trading account. The company also gives you access to over 500 ICOs and cryptos from their trading platform.
Education and trading academy
One unique feature of StsRoyal is that the company has created an education or training option on its website. The emerging crypto technology is new, with new information coming out from time to time. StsRoyal has thus provided a channel for its customers to stay updated with information and educational materials on cryptocurrencies and trading generally. This available channel is an avenue for newbies to get acquainted with the digital currency market and techniques of trading. These educational and informative materials come in various forms. The trading academy includes over two hundred hours of eBook, videos, and in-depth trading courses.
Dynamic investment products
StsRoyal has created an avenue for its numerous customers to diversify and maximize their cryptocurrency portfolio with the following leading cryptos, tokens, and ICOs:
Bitcoin (BTC) – A consensus network that enables a new payment system and a completely digital currency. It is a peer to peer payment network that requires no central authority to operate
Ethereum (ETH) – A smart contract platform that enables developers to build decentralized apps. It is a concept developed by Vitalik Buterin in 2013. The ETH is the native currency of the Ethereum platform, and it also works as the transaction fee to miners on the Ethereum network. Ethereum is the pioneer for blockchain-based smart contracts. Smart contracts on the blockchain allow for code to be run the exact way it was programmed without any form of downtime, censorship, fraud, or third party interference. This feature of the ETH helps in the exchange of money, content, property, shares, or anything valuable.
Bitcoin cash (BCH) – A hard fork (a community activated updated to the protocol or code) of Bitcoin which came into effect in 2017 to help scale the underlying technology of Bitcoin. Bitcoin cash was in 2018 spilled into two: Bitcoin SV and Bitcoin ABC, with the latter becoming a dominant chain.
Ripple (XRP) – An independent digital asset and a product of the ripple census ledger. XRP, which is Ripple’s coin, is said to be the most efficient settlement option for financial institutions and liquidity providers seeking global reach, accessibility, and fast settlement finality for interbank flows.
Digital cash (DASH) – A digital cash that aims to offer financial freedom to everyone, with fast, easy, secure, and near to zero fees for payment. Designed to support real life usage, users of DASH can purchase goods at thousands of merchants and trade it at significant exchanges and brokers across the globe.
Lite coin (LTC) – a peer to peer crypto created on the Bitcoin protocol but differs from the BTC in terms of the hashing algorithm used Lite coin (LTC) uses the memory intensive Scrypt proof of work mining algorithm.
Competitive spread and low margins
One of the most important things you need to ascertain from any broker is the spread offered. Spread shows you how much the broker will take from you when you execute trades. Coupled with this is the commission, so if any broker charges you a commission on your trade as well as spread, just know that your profit will be little. With StsRoyal, you do not pay such a colossal commission on your trade.
Besides this, you should check on the leverage offered by the broker. StsRoyal is giving you a leverage of 1:5 for trading cryptos on its trading platform. This leverage helps in increasing your profits on the trade. With StsRoyal low margins and competitive spread, as well as high leverage, you are sure of getting value for your money while lowering the trading costs.
Refer and earn program
To prove that it is a client-friendly and customer-centered broker, StsRoyal has also introduced a referral program for its numerous clients to gain from the company. After earning profits from your trade in the market, you can equally earn up to 2000 US dollars for referring to your friends and family. With this program, for each of your friends, you refer to the firm; StsRoyal pays you 200 US dollars. This referral bonus can be accumulated for up to ten times to give you 2000 US dollars in total. The juicy part of this is that your referred friends will also get 200 US dollars on their first account deposit.
Multiple trading accounts
StsRoyal has offered numerous options to choose from in the area of trading accounts on its platform. These accounts are of different structures. They have different leverage spreads and deposit requirements. The trading accounts are:
The Explorer account: This is the first account on the StsRoyal platform, and the one that has the lowest feature among all the trading accounts offered by the broker. This account comes with twenty four hours, seven days customer service support, and a professional chart available for clients. This account package is suitable for beginners in crypto trading.
The Basic account: This trading account is an advanced level to the explorer account, with few added features. The account comes with a personal analyst and introductory private session with an analyst, as well as a weekly market review and financial research.
The silver account: This is the third trading account of this broker, which also comes with a personal analyst, a monthly private session with an analyst, as well as weekly market review and financial research. This account is perfect for those who can take significant risks.
The Gold account: This trading account offered by StsRoyal is appropriate for experienced traders. With this account, clients have a personal analyst, smart money management plan, weekly private session with an analyst, as well as weekly market review and financial research.
The platinum account: This trading account is the highest account offered by this trading company. With this account comes a direct line to your account analyst. This account is for top risk traders and more experienced traders and investors who can take a high level of risks. Other features of the account are long term financial plan by senior account analyst, weekly private session with an analyst, weekly market reviews and financial research, and up to five protected trades from account analyst.
When it comes to trading cryptocurrencies, your attention should be on the features and services offered by the broker. You must choose a broker that can provide opportunities to profit from the market, with high leverage, low commissions, flexible trading conditions, a wide range of cryptos, easy to use trading platforms, and a well-secured system for your investment and information. All these and many more features and services are what StsRoyal offers its clients.