How mutual funds can help you lower risk
I've thoroughly tested Royal services with our analyst team by opening a real-money account and these are my most important findings:
- Risk management is an important aspect of trading and investing
- Mutual funds pick assets using a strict risk management policy, shielding you from risk
- Mutual funds are not available at Royal
Are you worried that you'll pick the wrong stocks and put yourself at risk of losing money? Just do what you would do in other walks of life - leave it to a professional! In this case, consider investing in a mutual fund, where experienced fund managers invest in stocks and other assets while making sure your potential losses remain within limits.
How do mutual funds manage risk? First of all, they have a risk management policy that is strictly followed and communicated. For example, European mutual funds must be classified into one of seven riskiness categories (with 1 being the lowest and 7 being the highest risk) and publish this information via their so-called Key Investor Information Documents.
More importantly, each of these funds are actively managed by a fund manager; an actual person who continuously hand-picks assets for the fund - supported by a team of expert traders and analysts of course - to achieve the right risk-reward mix. This expertise doesn't come free, so make sure you buy mutual funds at brokers that don't charge too much in additional fees. Does Royal offer the right selection of funds at reasonable cost? Read on to find out.
To find out more, read our in-depth guide to risk management, where we discuss various types of risks, as well as popular broker tools to handle them.
73% of retail CFD accounts lose money
Can you buy mutual funds at Royal?
No, mutual funds are not available at Royal.
However, if you are searching for a good broker that offers mutual funds, check out our best brokers for funds list.
Is it worth buying mutual funds at Royal?
Mutual funds are not available at Royal.
💰 Royal withdrawal fee | $0 |
💰 Royal minimum deposit | $50 |
💰 Royal inactivity fee | No |
📃 Royal deposit methods | Bank transfer, Credit/debit cards, Neteller, Skrill, fasapay, NganLuong.vn, PM, UnionPay, Asia Banks, Pay Retailers, Interac, Whish Money |
🗺️ Country of regulation | Australia, Cyprus, Lebanon, Saint Vincent and the Grenadines, Vanuatu, Nigeria |
🎮 Royal demo account provided | Yes |
Data updated on September 19, 2024
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Further reading
- Royal price alerts explained
- Royal stop-loss order type explained
- Royal news feed quality
- Royal stability
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.