Finding a reliable and trustworthy broker to buy or sell tungsten can be challenging, as there are many scams and frauds in the market. In this blog post, we will review one of the most popular tungsten brokers in the world, Royal Tungsten Broker, and see if it can be trusted.
Royal Tungsten broker Review
Royal Tungsten Broker is a company that claims to offer high-quality tungsten products at competitive prices. They have a website that showcases their products, such as tungsten bars, rods, wires, sheets, and alloys. They also claim to have a global network of suppliers and customers, and to provide fast and secure delivery and payment methods. They have a customer service team that can be contacted via phone, email, or live chat.
However, before you decide to do business with Royal Tungsten Broker, you should be aware of some red flags that indicate that they might not be as trustworthy as they seem. Here are some of the warning signs that you should look out for:
- They do not have a physical address or a registered company name. Their website does not provide any information about where they are based or who owns the company. This makes it difficult to verify their legitimacy and to hold them accountable in case of any disputes or problems.
- They do not have any reviews or testimonials from previous customers. Their website does not have any section where you can read feedback or ratings from other people who have used their services. This means that you cannot check their reputation or track record in the industry.
- They do not have any certificates or accreditations from reputable organizations. Their website does not display any logos or seals of approval from any recognized authorities or associations that regulate or certify tungsten brokers. This means that you cannot trust their quality standards or ethical practices.
- They ask for upfront payments or deposits before delivering the products. Their website states that they require a 50% deposit before they ship the products, and that the remaining balance should be paid upon delivery. However, this is a risky and unusual practice in the tungsten industry, as most brokers only accept payment after the products have been inspected and verified by the buyer.
- They use pressure tactics or unrealistic promises to lure customers. Their website uses phrases like “limited time offer”, “special discount”, “guaranteed profit”, or “risk-free investment” to entice customers to buy their products. However, these are often signs of a scam, as no legitimate broker can guarantee such outcomes or benefits.
Based on these red flags, we conclude that Royal Tungsten Broker is not a trustworthy broker, and that you should avoid doing business with them. Instead, you should look for a broker that has a solid reputation, a transparent background, a professional website, and a fair and secure payment system. You should also do your own research and due diligence before buying or selling any tungsten products, and consult with experts or authorities if you have any doubts or questions.
What to Do If You’ve Lost Money with Royal Tungsten?
If you have been scammed by Royal Tungsten or any other broker, you’ll want to seek assistance from brokerdispute.com immediately. Our experts will consult with you and bolster your claim to help you get your money back. Brokerdispute.com is a leader in recovering your funds and will help you retrieve your funds from a broker scam.