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Royal is an online forex and CFD broker established in 2009 and headquartered in Australia. It provides trading services across a range of asset classes, including forex pairs, indices, commodities, gold, oil, and stocks. The broker is known for offering both MetaTrader 4 and MetaTrader 5 platforms, catering to traders who prefer industry-standard tools.
Royal holds regulation from the Australian Securities and Investments Commission (ASIC) and the Financial Services Authority (FSA), and emphasizes client fund safety through segregated client accounts and negative balance protection. With a low minimum deposit of $50 and high maximum leverage of up to 1:1000, it aims to serve both retail and experienced traders.
Royal is an online forex and CFD broker established in 2009 and headquartered in Australia. It provides trading services across a range of asset classes, including forex pairs, indices, commodities, gold, oil, and stocks. The broker is known for offering both MetaTrader 4 and MetaTrader 5 platforms, catering to traders who prefer industry-standard tools.
Royal holds regulation from the Australian Securities and Investments Commission (ASIC) and the Financial Services Authority (FSA), and emphasizes client fund safety through segregated client accounts and negative balance protection. With a low minimum deposit of $50 and high maximum leverage of up to 1:1000, it aims to serve both retail and experienced traders.
Royal is best suited for traders who want access to a wide range of forex pairs (60) and CFDs on indices, commodities, gold, oil, and stocks, while using the popular MetaTrader 4 or MetaTrader 5 platforms. The broker supports scalping, hedging, and algorithmic trading, making it a good fit for active and automated traders.
It may be less suitable for traders who rely on social trading or copy trading features, or those who prefer to trade cryptocurrencies directly, as these are not offered. Also, traders who require micro account sizes may need to look elsewhere, as only Standard and ECN/Raw account types are available.
Royal is regulated by two financial authorities: the Australian Securities and Investments Commission (ASIC) and the Financial Services Authority (FSA). ASIC is a well-respected regulator known for enforcing strict compliance standards, while the FSA provides additional oversight. This dual regulation adds a layer of credibility and oversight to the broker's operations.
For traders, this means that Royal is required to follow certain client protection measures, such as keeping client funds in segregated accounts and providing negative balance protection. While not all regulatory details are specified, the presence of ASIC and FSA regulation is a positive signal for fund safety and fair trading practices.
| Primary regulator | |
| All licenses held | ASIC,FSA |
| Segregated client funds | Yes |
| Negative balance protection | Yes |
Royal offers two main account types: Standard and ECN/Raw. The Standard account is likely to have a spread-based cost structure, while the ECN/Raw account typically offers raw spreads with a commission per trade. However, specific spread or commission figures are not provided in the fact sheet, so traders should check the broker's website for current details.
In terms of deposits and withdrawals, the minimum deposit is $50, and there is typically no internal fee for withdrawals. Deposit methods include bank wire, credit/debit cards, and e-wallets like Skrill and Neteller. Withdrawal times are fast for card and e-wallet transactions, while bank transfers take 1-3 days, which is relatively efficient.
| Deposit methods | bank wire, credit/debit cards, and electronic wallets like Skrill and Neteller |
| Withdrawal time | Card/e-wallet fast; bank transfer 1-3 days |
| Withdrawal fees | No internal fee typically |
| Inactivity fee | None charged |
Royal is a well-regulated broker with a solid foundation for traders who want access to a broad range of markets and the flexibility of MT4/MT5. Its low minimum deposit and high leverage make it accessible to retail traders, while the availability of ECN/Raw accounts and support for scalping and EAs appeal to more active traders. However, the lack of copy trading, micro accounts, and real cryptocurrency offerings may deter some. Overall, Royal is a reliable choice for forex and CFD traders who prioritize regulatory safety and platform versatility, but traders should verify current fee structures and account details directly with the broker.