Royce Capitals: account pricing, entity limits and bonus mechanics

Royce Capitals markets Standard, Raw and Elite MT5 accounts. Its wider product range is assigned to Royce Global Markets Limited in Mauritius, while the Labuan company has a narrower FX role. The figures below describe the public offer checked on 21 October 2026.[4]

These maxima are not available automatically. The Labuan agreement caps leverage at 1:100 and primarily targets institutional investors and high-net-worth individuals, admitting others only where permitted. Higher marketing maxima require an eligible account outside that restriction.[22]

The comparison page advertises MT5 demo accounts lasting thirty days and permits multiple demos. A demo does not settle live-account classification or entity eligibility.[4]

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Royce lists MT5 for Windows, macOS, browser, iOS and Android. Its desktop overview describes MQL5 Expert Advisors, strategy testing and six pending-order types; those desktop features should not be assumed on mobile or WebTrader. The reviewed pages do not establish persistence of local automation after disconnection.[10]

Raw pricing separates spread from commission, but the account page publishes no universal commission rate. It describes commission per trade without a complete instrument-specific charging unit or opening/closing basis. Elite pricing is individually specified.[2][3]

The market pages exposed specification headings but no populated instrument rows in the readable versions reviewed. Consequently, no dependable EUR/USD spread-and-commission total, exact storage allowance or complete symbol fee schedule could be established. The specification guide says trading-server configuration takes precedence over indicative website values.[9]

The accounts are marketed as swap-free. The linked storage-fee policy describes charges after instrument-specific rollover allowances, but its header calls it a controlled working draft while its final section says version 1.0, effective 15 August 2026. Confirm the approved fee table and version: swap-free does not establish unlimited free holding.[12]

The funding policy allows disclosed inactivity charges and restriction or closure after notice, but does not quantify the inactivity period or fee. It says such charges cannot take the balance below zero and that recorded residual money remains claimable after verification.[16]

The issued execution policy describes Labuan as an intermediary without principal market risk. Mauritius may use brokers, liquidity providers, venues or counterparties, with capacity identified in the account arrangements. Stops become market orders on triggering; execution, price and timing are not guaranteed.[13]

Tiers apply to portions of gross exposure separately for each symbol; opposite positions do not offset. A lower account or jurisdictional limit overrides the schedule.[11]

Margin warnings are not promised before closure, and liquidation order is not fixed. Hedged legs can close independently. An amendment or cancellation takes effect only once accepted and processed; submitting it does not stop a trade already executing.[18]

Royce identifies Mauritius company C212417 and Labuan company LL18275. These are company references, separate from the licence numbers in the entity records. The licence claims could not be confirmed against readable firm-specific register entries during this review.[20]

The public Mauritius client agreement remains Draft 0.2 dated 28 July 2026, expressly for legal, compliance and operational review. It is not treated here as an adopted client contract. Obtain the accepted version before funding that route.[23]

For Labuan accounts, telephone instructions may be accepted after identity checks, and an approved alternative channel may be offered during outages. Neither availability nor execution is guaranteed; no dedicated emergency desk or detailed authentication procedure was established.[22]

Website terms reject transactional instructions by email or messaging unless expressly accepted in writing. Those channels should not be presumed authorised to close positions or release withdrawals. They also permit security-related suspension; a public lost-authenticator recovery procedure or fixed post-reset withdrawal hold was not established.[24]

The Labuan agreement makes confirmations and at least monthly performance statements available electronically, with specific objections due within five business days. Export formats and post-closure access were not established.[22]

The tax policy describes reporting to the relevant local tax authority, followed by international information exchange. This does not calculate the client’s tax liability or replace their filing obligations; no personal tax-certificate service was established.[26]

Complaints are free through the portal, support email or written correspondence. Include the account, event dates, transaction/payment references and requested remedy. Acknowledgment is due within five business days; final response within thirty, or sixty with an interim explanation. The stated external route follows the entity: Labuan FSA or Mauritius FSC, and the relevant courts.[25]

Website terms mention possible AI search, navigation or support tools as general information only. No current AI service with authority to trade, transfer money or alter account terms was established.[24]

Royce describes an international brand with locations in Kuwait, Labuan and Mauritius. Its claim of a network spanning more than one hundred countries refers to partners, not one hundred licensed offices. The reviewed company pages did not establish a documented client migration between its two operators.[30]

The legal centre excludes residents or persons located in the United States, Cuba, Iran, North Korea, Myanmar, Haiti, Belarus and Afghanistan, with additional legal, payment-provider and risk restrictions. The accepted agreement names the operating company; shared branding does not combine the two entities’ permissions or liabilities.[21]