Royal Review

Review Sections

• Investor Protection & Regulations
• Tradable Products
• Account Opening
• Deposit & Withdrawals options
• Web & Desktop Trading Platforms
• Mobile Trading Platforms
• Trading Features
• Commissions & Spreads
• Bonus & Promotions
• Customer Support
• Research
• Trader Education
• Trading Experience
• FAQ
• Conclusion

Royal Video Review

Investor Protection & Regulations

“Royal (Royal Financial Trading) offers regulatory oversight from the Australian Securities & Investments Commission (ASIC) for wholesale clients only, Cyprus Securities & Exchange Commission (CySEC), Lebanese Capital Markets Authority (CMA) and the Vanuatu Financial Services Commission (VFSC).”

Royal (Royal Financial Trading) operates as a global brand name for four global entities including:

• Royal Financial Trading Pty Ltd is licensed and regulated by the Australian Securities & Investments Commission (ASIC) but is for wholesale clients only.
• Royal Financial Trading (CY) Ltd licensed and regulated by Cyprus Securities & Exchange Commission (CySEC) but is not the subject of this review.
• Royal Financials SAL licensed and regulated by the Lebanese Capital Markets Authority (CMA).
• Royal CM Limited is regulated by the Vanuatu Financial Services Commission (VFSC).

The brand also operates as Royal ETP LLC an International Business Company registered in St. Vincent and the Grenadines and as such is unregulated.

Below is a screenshot that confirms the registration and authorisation of Royal by the ASIC:

Royal provides further security of client funds by following the below regulatory requirements:

• Holding client funds in segregated accounts from company funds.
• Providing a negative balance protection policy.

Tradable Products

“Royal offers clients the ability to trade on more than 165+ markets covering Forex, Commodities, Indices, Crypto and Shares.”

Royal offers clients the ability to trade on more than 165+ markets covering Forex, Commodities, Indices, Crypto and Shares. Below is a list of just some of the available markets for trading:

* Details regarding the available assets are taken from the Royal website and trading platform and are correct at the time of this review. You can find a more detailed list here.

Trading costs such as spreads and overnight funding (swap) rates vary depending on the account type opened and instrument being traded and are covered further down this review.

Account Opening

“Royal offers a variety of commission-free and commission-based account types called Classic, Premium and VIP as well as demo and Islamic (swap-free) accounts.”

Royal offers a variety of commission-free and commission-based account types called Classic, Premium and VIP as well as demo accounts. Zero accounts are commission-free whereas Core accounts are commission-based. The main features of each account type are summarised below:

The broker does also offer Joint, Corporate, Trust and Islamic (swap-free) accounts, however, Islamic accounts with positions open for longer than one week will begin to accrue swap fees as normal.

It should be noted as of January 1st 2021 retail clients can no longer register under the ASIC regulator. Additionally, services and products offered specifically under CySEC can be found on http://www.oneroyal.com/eu which is not the subject of this review.

Users can open a new account in just a few steps. After clicking the ‘Register’ button on the broker’s homepage, users are asked to register with their Name, Email, Phone number, Country of Residence, Regulator and which account type – Joint, Corporate or Trust.

Once registered, users will be directed to the client portal and will be requested to fill in additional information including Full Address, Employment and Financial details and further Investment Knowledge and Experience related questions. Users will also be asked to submit proof of identity (passport or driving licence) and proof of residence (utility bill or bank statement – not more than 3 months old).

The client portal is shown below:

Royal does not accept clients from the USA, Japan, Iran and North Korea.

Deposit & Withdrawals Options

“Royal offers a variety of fee-free deposit methods including Debit/Credit Card, Bank Wire, Cheque, Cryptocurrencies and e-wallets such as Neteller, Skrill, Fasa Pay and more.”

Royal offers a variety of fee-free deposit methods including Debit/Credit Card, Bank Wire, Cheque, Cryptocurrencies and e-wallets such as Neteller, Skrill, Fasa Pay and more. The below table shows a small summary of the fees and processing times applied to some of the more popular payment methods:

Clients can fund their accounts once logged into the client portal by clicking on “Funds” followed by “Deposits” or “Withdrawals”.

Web & Desktop Trading Platforms

“Royal offers clients the ability to trade on the globally popular MetaTrader 4 platform for Windows, Mac and Web.”

Royal offers clients the ability to trade on the globally popular MetaTrader 4 platform for Windows, Mac and Web. The platforms features are highlighted below:

Royal Web Platform

• No download needed
• Multiple asset classes
• Great range of tools and indicators
• Can use on PC and Mac

Royal MetaTrader 4 Platform (Mac)

• Compatible with Apple devices
• One-Click trading
• Multiple order types
• Real-time news

Royal MetaTrader 4 Platform (PC)

• 9 timeframes
• 24 analytical objects
• Interactive charts
• Customisable interface

A screenshot of the Royal MetaTrader 4 platform is shown below and is covered in more detail in the video review.

Mobile Trading Platforms

“Royal offers clients the ability to access mobile trading on the go from the MetaTrader 4 mobile trading app for Android and iOS systems.”

Royal offers clients the ability to access mobile trading on the go from the MetaTrader 4 mobile trading app for both Android and iOS systems. The app download links can be found in the Google PlayStore or Apple AppStore.

The MetaTrader 4 mobile trading app provides a range of different features including:

• Trade and manage your account on the go
• 3 chart types
• Pre-installed indicators
• Analysis tools

The MetaTrader 4 trading app is covered in more detail in the video review.

Trading Features

“Royal does provide several additional features including Copy Trading, VPS and MetaTrader Accelerator.”

Royal does provide several additional features including Copy Trading, Virtual Private Server (VPS) hosting and MetaTrader Accelerator. The main features of each a described below:

• Copy Trading: Access the ZuluTrade trading platform to copy some of the best traders out there. Additionally, clients can connect their accounts to MyFXBook to share their trading activities and analyze performance using a range of advanced statistical tools.
• VPS Hosting: Provides a stable connection with maximum uptime and superior executions speeds. Especially useful to those using automated trading strategies.
• MetaTrader Accelerator: A plugin for MetaTrader 4 packed with advanced add-ons including advanced trade execution and management, decision assistance, sophisticated alarms and more.

Clients can also access the MetaTrader Market place from the desktop platform which provides users with the ability to download technical indicators and automated strategies.

Commissions & Spreads

“Royal commissions and spreads vary by account and instrument traded, however, the costs are highly competitive and transparent.”

Trading costs vary between accounts as ‘Zero’ accounts are commission-free but have larger spreads whilst ‘Core’ accounts are commission-based but have raw spreads.

The below table shows the different spreads and commissions for each account:

There are also overnight funding or ‘swap’ fees charged on positions that remain open overnight (22:00) GMT. If positions are being held over the weekend a three-day ‘swap’ charge will be charged on Wednesdays.

The broker does not charge any inactivity account fees.

Bonus & Promotions

“At the time of writing, clients registered with the Royal ETP LLC entity can benefit from a 100% deposit bonus of up to $5,000.”

At the time of writing, clients who are registered with the Royal ETP LLC entity can benefit from a 100% deposit bonus of up to $5,000. The bonus is not losable or withdrawable, however, clients can use the additional funds to trade.

The Royal ETP LLC entity is an International Business Company based in the St.Vincent and the Grenadines and is not regulated.

Customer Support

“Royal offers multilingual 24/5 customer support via Phone, E-mail, Live Chat, Facebook Messenger and WhatsApp. There is also a detailed FAQ section.”

Royal offers multilingual (AR, EN, PL, PT, IT, CN, ID), 24/5 customer support via Phone, E-mail, Live Chat, Facebook Messenger, and WhatsApp in. There is also a detailed FAQ section covering questions on services offered, accounts and trading platforms.

After submitting a question through the live chat we were connected to an agent who answered our question within 1 minute, as shown below:

Contact Information:

Address: ALevel 7, 1 York Street, Sydney NSW 2000, Australia

Email: hello@oneroyal.com

Phone: +1 (888) 705-9006

Social Media:

• • Facebook
  • Twitter
  • LinkedIn
  • YouTube

Research

“Royal offers a range of comprehensive market research including the Royal Daily Blog, Trading Central Services, Daily Market Briefs and Newsletters as well as Trading Calculators and an Economic Calendar.”

Royal offers a range of comprehensive market research including the Royal Daily – Blog, Trading Central Services, Daily Market Briefs and Newsletters as well as Trading Calculators and an Economic Calendar. A summary is given below:

• Royal Daily – Blog: Covers Market Commentary, Technical Analysis and News.
• Trading Central: Full suite of research including Analyst Views, Featured Ideas, WebTv, Technical Insights and more.
• Daily Market Brief: Directional views from the global research desks of Trading Central on Forex, Commodities, Stocks and Bond markets.
• Daily Market Newsletter: Trading signals with likely scenarios, price targets and comments.

There are also numerous trading tools available including margin and profit calculators, and an economic calendar so clients can keep up with current and future events.

Trader Education

“Royal offers a variety of educational resources and tools including The Roy & Al Show, Forex Videos, Educational FAQs and On-Demand Videos.”

Royal offers a variety of educational resources and tools including The Roy & Al Show, Forex Videos, Educational FAQs and On-Demand Videos. Below is a small summary of the main educational resources on offer:

• The Roy & Al Show: Simple and fun education videos on the basics of forex.
• Trader’s Fix Forex Videos: Provides a masterclass in Forex trading including videos on “What are market movements” and “What are candlestick charts”.
• Educational FAQs: Provides answers to some of the most common questions relating to CFDs, FX and Metals.
• Education On-Demand: Comprehensive videos on Technical Analysis with varying levels of difficulty. Suitable for beginner and advanced traders.

The videos are all high-quality and can be accessed through the client portal.

Trading Experience

“Royal offers a great all-round service to clients providing them access to trade on more than 165+ markets with commission-free or commission-based accounts. There is also quality customer support and great research materials available.”

From our observations, Royal provides a great all-round service allowing clients to trade on over 165+ markets across Forex, Commodities, Indices, Crypto and Shares all through the globally popular MetaTrader 4 platform and the brokers own web-based platform.

Clients have a choice of commission-free or commission-based accounts which all offer competitive spread and commission structures, and those who opt for the latter can also benefit from raw market spreads that have no mark-up. There are also no inactivity fees.

There is a range of research and educational material available – the majority of which can be accessed straight from the client portal. The 24/5 customer support was also very responsive and helpful.

FAQ

Is Royal regulated?

Yes, most entities are regulated from CMA, VFSC, CySEC, ASIC apart from one entity based in St Vincent and the Grenadines.

Where is Royal based?

ALevel 7, 1 York Street, Sydney NSW 2000, Australia

How does Royal make money?

Royal makes money mainly through spreads, commissions and swaps on certain asset classes.

How do I deposit in Royal account?

Funds can be deposited via debit/credit card, bank transfer, e-wallets, cheque and cryptocurrencies.

What is the min. deposit for Royal?

The minimum deposit is $50.

How do I withdraw money from Royal?

Withdrawals can be made via debit/credit card, bank transfer, e-wallets, cheque and cryptocurrencies.

What is the max leverage in Royal?

Clients are offered leverage up to 1:500.

How do I open an account with Royal?

An account can be opened at the click of a button on the Royal website and can be done in just a few steps.

Does Royal use MetaTrader?

Yes, MetaTrader 4.

Conclusion

“Royal (Royal Financial Trading) is a globally regulated Forex and CFD broker offering to trade on more than 165+ markets covering Forex, Commodities, Indices, Crypto and Shares all through the globally popular MetaTrader 4 platform and the broker’s own web-based platform.”

Royal was founded in 2006 in Australia and is regulated by the Australian Securities & Investments Commission (ASIC) for wholesale clients only, the Cyprus Securities & Exchange Commission (CySEC), Lebanese Capital Markets Authority (CMA) and the Vanuatu Financial Services Commission (VFSC).

The brand also operates as an International Business Company registered in St. Vincent and the Grenadines which is not unregulated. The focus of this review is on www.oneroyal.com, which is not limited to a specific entity and clients can trade with it anywhere. Thus some services and products listed may not be available in all jurisdictions.

Royal offers clients access to trade on more than 165+ financial instruments covering Forex, Commodities, Indices, Crypto and Shares all through the globally popular MetaTrader 4 platform and the broker’s own web-based platform. The broker also offers a Mac version of MetaTrader 4 which can be downloaded on Apple computers.

There are a variety of commission-free and commission-based account types called Classic, Premium and VIP as well as demo and Islamic (swap-free) accounts. However, Islamic accounts that have positions open for longer than one week will begin to accrue swap fees as normal.

Deposits are mainly fee-free and include a large selection of popular payment methods such as debit/credit card, bank transfer, cheques, e-wallets and cryptocurrencies. Withdrawal fees do apply for all payment methods except by bank wire and the broker also does not charge any inactivity fees.

There is a range of research and educational materials available which include Trading Central services, News, Articles, Trading Videos, Trading Calculators and more. The broker offers multilingual 24/5 customer support via Phone, E-mail, Live Chat, Facebook Messenger and WhatsApp.

• Commission-free accounts available
• 165+ markets to trade on.
• Quality 24/5 customer support
• MetaTrader 4 platform available for both PC and Mac.