ANSWER Dear Investor,
Thank you for reaching out to us. We have included Royal Q, whose website address is royalqs.com, in our Scam Brokers category as early as 2023. If you are inquiring about the products or services offered through the site, we strongly advise against trusting it.
It promotes a so-called AI robot to facilitate trading and claims to have an international presence with a large number of customers. However, we haven't found any useful information to back up those claims. We also haven't located any valid records to suggest that Royal Q is legitimate or properly licensed. This is a major red flag. The Securities Commission Malaysia (Malaysia SC) has red-flagged Royal Q for operating an illegal investment scheme and carrying on unlicensed capital market activities, a significant warning sign.
In addition, major trading platforms typically do not solicit investors on Telegram. They often rely on more formal and established communication channels such as official websites, emails, and regulated financial advertisements. If you encounter a trading platform soliciting investors on Telegram, it's advisable to exercise caution, as it could be a red flag for potential scams.
In conclusion, we strongly suggest you avoid using Royal Q. Otherwise, your hard-earned money may be lost forever.
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