Royal Financial Trading Review
Royal Financial Trading was founded in 2006 by a group of professional traders to provide optimal trading conditions and tailored support.
Broker: Royal Financial Trading
Official website: www.oneroyal.com
Leverage:1:500
Regulation: ASIC, CySEC, CMA, FSA, VFSC
Min. Deposit: 50 US$
HQ: Australia
Platforms: MT4, MubasherTrade Pro RJO, Trading Central
Found In: 2006
Royal Financial Trading Licenses
Royal Financial Trading Pty Ltd - authorized by ASIC (Australia) registration ABN 30157780259 ACN 157 780 259
Royal Financial Trading (Cy) Ltd. - Authorized by CySEC (Cyprus) registration number. 312/16
Royal Financials SAL - authorized CMA Lebanon (Lebanon), as Financial Intermediary Institution license number. 15
Royal CM Limited - licensed by VFSC (Vanuatu), company number 700284
Royal ETP LLC is authorized by FSA, SVG company number 149LLC2019
Overview
Royal Financial Trading headquarters was originally located in Lebanon. However, due to rapid growth in the world, the company opened offices in leading financial centers Cyprus, and Australia. All regulations were fully adhered to.
Brokers will execute trades on the real market based on NDD execution. Client gains can be multiplied by high leverage, up to 1:500 for Forex financial instruments.
You can also choose to trade as a day trader or an auto trader.
Pros
Easy account opening via digital platform
Excellent platform tools
Education with research
Many options to withdraw and deposit funds
Cons
Trading fees for Stock CFDs can be higher
Support is not available 24/7
Rating of the company overall
Reliability ⭐⭐⭐⭐⭐
Platform ⭐⭐⭐⭐
Commissions ⭐⭐⭐⭐
Support ⭐⭐⭐⭐
Financial instruments ⭐⭐⭐⭐
RATING: 4.2
Awards
In general, we'll be able to see more information about the Royal Group of companies in our Rotal Financial Trading Review. The broker offers competitive trading conditions. Additionally, the company has received 12 awards from respected financial expositions.
Royal Financial Trading: Safe or a Scam?
ROYAL isn't a fraud. It is a broker that has multiple licenses. This includes top-tier ASIC, additional regulations by CySEC, and CMA Lebanon. Royal Financial Trading is considered to be low-risk for Forex and CFDs.
Is Royal Financial Trading legit?
Royal Financial Trading is licensed by the Australian Securities and Investments Commission, (ASIC), and also by the Cyprus Securities and Exchange Commissions (CYSEC), and the Lebanese Capital Markets Authoritys (CMA) and Central Bank of Lebanon. Find out more about TFXI, which is also a CySEC regulated safe brokerage.
FSA and VFSC also allow international entities to open accounts for traders from different countries.
Are you protected?
being regulated in the top authorities, Royal conducts transparent operationswhile complying with many rules. Under the strict supervision of regulations, the regulations are always in a position offer clients the best possible capabilities.
The transparency required by the framework requirements to reduce systematic risk, protect investors from illicit practices and organize professional activities or clear settlement services with sharp detail. All client funds are protected at all time, not just by segregation in the world's top banks but also by risk management systems and internal control functions, as well as scheme compensation in the event of insolvency.
Leverage
Royal Financial Trading offers different Leverage ratios depending on the regulatory restrictions and rules that your account is subject to. Australian traders can enjoyhigh leverage levels of up to 1:500 Forex instruments, if ASIC permits it.
In reverse , the Cyprus regulatory restrictionsalongwith European legislation require lower leverage than 1:30 for major currency pairs. And even 1:10 for commodities.
Trading with a Lebanese entity could give you different leverage levels. Therefore, make sure to check which regulations you will be subject to and which levels apply to your residency status.
Accounts
You have two options when it comes to accounts: spread-only or commission-based. These account types are known as Zero and core. Depending on the initial investment broker, you may be offered better trading conditions and lower fees.
The perfect solution is 6 Account Types for traders of larger to smaller sizes and features Premium, Premium, Vip For Zero, and Core account types respectively.
You can also choose to open an Individual, Join, Corporate or Trust Account. This allows you to manage multiple accounts through one interface. There is also an Islamic account for Muslim traders that includes no interest, swap, rollover or rollover commissions. (Find the best forex broker that offers free swap).
Instruments
Royal offers many investment options. Trading access is provided by an NDD execution model. This includes financial products Spot Forex and commodities. CFDs for Indices and Stocks are also available.
Fees
A variety of account types allows for different investment strategies and activities. However, a Royal Financial Trading account will allow you to access the highest quality figures with tight spreads and low cost.
Spreads
Royal Financial Trading spreads are designed to suit the account type. The better the spread, the larger the account.
If you choose a Zero account group, all costs are included in a variable spread. Examples of this spread can be found in the table below. If you prefer a commission-based Core account group, spreads start at 0 pip and you can add 7$ commission to a classic account, Premium account, and VIP account.
You can also compare spreads between different accounts for the most popular pairs using the snapshot below. For positions that are held for more than one day, rollover and overnight fee should be considered as a cost. You can also check the applicable fees for Eightcap, another popular broker.
Withdrawals and deposits
Royal Financail Trading Review also discusses money withdrawal and deposit. We found that the broker offers 11 payment options and 11 base currencies, all of which support smooth money transfer.
Methods of deposit
These methods include a variety of payment options, but may differ depending on the country regulations and where you live. It is important to check this information with your support center.
Credit cards
Bank transfers
Money Transfer, Pape Cheque
Skrill, Neteller and iDEal e-payments, giropay, and many other options
Note that there may be differences in the applicable commissions and payment options depending on the Royal Financial Trading entity with which you trade, since different jurisdictions have different rules.
Minimum deposit
Royal Financial Trading Minimum Deposit: 50$ To open a Classic Live Trading account, higher types require higher deposits. Please refer to the section above.
Royal Financial Trading Minimum Deposit vs Other Brokers
How do I withdraw my money?
Royal Financial Trading Withdrawal fees may vary depending on the country and the method of payment you use. There are fees for withdrawals via bank wire transfers or card payments.
Trade Platforms
Royal's trading technology provides traders with a trading platform that allows them to quickly access the market and is rich in information. MetaTrader4 is a popular online trading platform that offers simplicity in interface and powerful tools. It is also a mainstay of Royal Financial.
Web Trading
The platform comes in several formats, including the Desktop and WebTrader versions. There is also a Mobile application that allows simultaneous trading through MT4 MultiTerminal accounts. Money managers can also use the MAM account to trade simultaneously.
Desktop Platform
The platform versions all have the exact same functionality, with only the differences that you, as a trader, may require. Desktop versions usually include all functions, so you can easily deploy the strategy that suits your needs.
MetaFX is also available, which allows you to manage multiple accounts and is suitable for professionals.
Mobile Platform
You will also receive the mobile platform, which allows you to keep up-to-date on any condition from your smartphone iOS or Android. It lets you develop your trading offering and do technical analysis.
What is social trading?
Royal Financial Trading offers daily reports with the most recent trends and many tools that improve trading. These include MMT4 Accelerator and VPS Hosting , Trading Central analysis, and social trading capabilities.
Trading through leading platforms myFXbook, ForexSignals.com and ZuluTrade is possible with social trading. Social trading, which is currently a top analytical network, allows traders to copy and compare trades made by professionals. It is great for both beginners and experienced traders.
Customer Support
Royal Financial Trading reviews are focused on a proposal that provides good customer service and support. Traders can contact the broker via email, phone lines or live chat.
Education
A team of specialists and relationship managers are always available to help clients. Daily reports and analysis, along with educational materials, will ensure that the trader is on a straight path.
Conclusion
Final thoughts on Royal Financial Trading revealed a trustworthy, internationally presented brokerage company with a competitive trade solution and many opportunities. A strong connection, seamless trading and many technologies combine to create a winning combination. Different sizes and strategies of traders, including social trading can connect to find the best option. There are also a wide range of trading platforms and services to choose from.