Roycoin Scam Review 2025: How to recover your funds
Scam Review : Roycoin
ROYCoin(https://web.roycoin.me) is an exchange that uses several phone applications under different names and the website https://web.roycoin.me
According to research and reviews from users of the platform, ROYCoin is purportedly founded and operated by Seeds for Wealth Alliance, also referred to as SW Alliance (“SWA”), seedsforwealth with a domain of https://www.seedsforwealth.com.
Roycoin, like other fraud trading platforms, is unregulated. That means the customers are not protected and are prone to being scammed and there won’t be any agency to hold them responsible.
Roycoin has the mobile app active on your Appstore or Google playstore, they change their app name once they have bad reviews written about them on sites like trustpilot or sitejabber.
Roycoin members are allured from SeedsforWealth, Seedsforwealth members were told to register and create an account with Roycoin, they have a dubious Professor and assistant model to scam investors.
SECURITY/LICENSE OF Roycoin
Roycoin is not licensed and it is not under any regulatory bodies. Every legitimate online broker should be regulated and licensed in the country they operate, They claim to be licensed but without an actual license. All these are part of the scamming scheme to look legit to new customers.
WITHDRAWAL OF FUNDS FROM Roycoin
One common thing about illegitimate online brokers is that when it comes to withdrawal, there is always delay and if it gets to a particular period you won’t be able to withdraw your funds from the account. For example, If you want to withdraw your money from the account they delay it for six months, and by that time you won’t be able to file a chargeback anymore and definitely your money is gone forever.
CONCLUSION
Unfortunately for many investors, the Forex market is a minefield of scammers and fake brokers. We have been in the industry for over 6 years now, and have seen our fair share of brokers that make promises about huge profits, and then vanish without a trace. At MAFG RIA INC we have taken the time to look into Roycoin (https://web.roycoin.me) and have found that it is one of the biggest scams in the broker industry. The company is not regulated by any of the major financial regulators, and has a history of stealing its client’s money. IS Roycoin A SCAM? Roycoin IS A SCAM
SEND US AN EMAIL: contact@mafgriainc.net or chat with our live agent on steps to recover your funds
