Royal Review : Is Good Forex Broker Or Not ? 2023 Pro Or Cons Latest Updated

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About Royal

With access to trade online in Forex, metals, oil, shares, cryptocurrencies, indices, and CFDs, Royal is a dependable partner in the financial markets. The company, which debuted in 2006, offers extremely competitive trade circumstances. Royal is a multi-licensed broker that has won awards and can conduct business everywhere in the world.

Expert customer service, condensed spreads, and state-of-the-art technologies all help to guarantee top-notch services. Tradespeople from all around the world rely on Royal. It has built a solid reputation by utilising cutting-edge technology, thoughtfully created analytical tools, and expert customer service that is available to every client worldwide.

Royal at a glance

How To Create Account At Royal

To create an account on OneRoyal, please follow these steps:

1. Go to the OneRoyal website at https://oneroyal.com/.
2. Click on the “Register” button in the top right corner of the screen.
3. Fill out the registration form with your personal information, including your name, email address, phone number, and password.
4. Choose your country and currency from the drop-down menus.
5. Read and agree to the terms and conditions, privacy policy, and cookie policy.
6. Click on the “Register” button to complete the registration process.

Deposit and withdrawal function of Royal

OneRoyal offers several deposit and withdrawal options for its users. Here’s how you can deposit and withdraw funds on OneRoyal:

Deposits:

1. Log in to your OneRoyal account and click on the “Deposit” button.
2. Choose your preferred payment method from the available options, which may include bank transfer, credit/debit cards, and online payment services.
3. Enter the amount you want to deposit and follow the instructions to complete the transaction.
4. Once the deposit is confirmed, the funds should be added to your OneRoyal account, and you can start trading.

Withdrawals:

1. Log in to your OneRoyal account and click on the “Withdrawal” button.
2. Choose your preferred withdrawal method from the available options, which may include bank transfer, credit/debit cards, and online payment services.
3. Enter the amount you want to withdraw and follow the instructions to complete the transaction.
4. Once the withdrawal is confirmed, the funds should be transferred to your selected payment method.

Fees

The diversity of account types caters to various investment strategies and activities while holding a Royal Financial Trading account allows you to benefit from the most demanding figures on tight spreads, low cost and quick execution.

• Royal Financial Trading Fees are ranked low with an overall rating 8.2 out of 10 based on our testing and compared to other brokers. The broker has low forex and CFD fees, and it’s also great that no inactivity fee is charged. However, most withdrawal options other than bank transfer carry a fee.

Platforms

Royal Forex seems to have done their homework and prepared well for the European market. They offer two platforms which are the most popular in Europe.

• Meta Trader 4
• CTrader

The MT4 will certainly attract new clients with its unlimited charts quantity, offering a variety of timeframes, expert advisors and a large number of indicators, etc. The MT4 is also SSL secured which means that traders’ data are protected from external intruders. Traders get to enjoy real-time data and built-in programming features and settings. The cTrader is especially suitable for ECN/STP trading with very fast execution, and a full range of orders, technical analysis tools, one-click trading, etc. The cTrader can also be customized and personalized by traders and help them develop their own trading style. Traders can also enjoy mobile trading with Royal Forex by downloading the Royal Forex mobile apps for both platforms in order to be all-around equipped for true royal trading.

Is Royal Financial Trading regulated?

Royal Financial Trading is authorized by the Australian Securities and Investments Commission (ASIC), also by the Cyprus Securities and Exchange Commission (CYSEC) and the Lebanese Capital Markets Authority (CMA) and the Central Bank of Lebanon. Learn more about TFXI which is also a CySEC-regulated safe broker. In addition, there are international entities authorized by FSA and VFSC allowing traders from various countries to open accounts.

High Grade Features Which Offer By Royal

Trading Platform

OneRoyal provides a user-friendly, intuitive trading environment that is appropriate for both inexperienced and seasoned traders. To assist users in making wise trading decisions, the platform provides a variety of charts, indicators, and trading tools.

Coverage of Assets

OneRoyal gives users access to a variety of assets, including FX, commodities, indexes, stocks, and cryptocurrencies. This enables customers to diversify their portfolios and profit from various market circumstances.

Various Account Types

To meet the various demands of its users, OneRoyal provides a variety of account types. There are four main account types: Bronze, Silver, Gold, and Platinum, each with a unique set of features and advantages.

Education and Training

OneRoyal provides instructional products, like as webinars, booklets, and videos, to help users advance their trading knowledge and abilities. Before trading with real money, users can access a demo account to test out their trading techniques.

Customer service 24 hours

OneRoyal offers customer service 24 hours a day, seven days a week via phone, email, live chat, and an online contact form. To get solutions to their questions, users can also visit a knowledge base and a FAQ area.

Security and Regulation

OneRoyal uses the most up-to-date security methods, including as SSL encryption and two-factor authentication, to protect consumers’ information and funds. OneRoyal is a regulated broker. In order to protect user finances, OneRoyal additionally separates them into different accounts.

Pros & Cons Of OneRoyal

Pros:

1. Diverse range of assets: OneRoyal offers access to a wide range of assets, including forex, commodities, indices, stocks, and cryptocurrencies, which allows users to diversify their portfolio and take advantage of different market conditions.
2. User-friendly trading platform: The OneRoyal trading platform is user-friendly and intuitive, making it suitable for both novice and experienced traders.
3. Educational resources: OneRoyal provides educational resources, including webinars, ebooks, and videos, to help users improve their trading skills and knowledge.
4. Multiple account types: OneRoyal offers different account types to cater to the varying needs of its users, with each account type providing different features and benefits.
5. Customer support: OneRoyal offers 24/5 customer support through various channels, including phone, email, live chat, and an online contact form.
6. Security and regulation: OneRoyal is a regulated broker and employs the latest security measures to protect users’ information and funds.

Cons:

1. High-risk trading: OneRoyal is a trading platform, and trading involves a high level of risk. It’s important to have a good understanding of the risks involved in trading before getting started.
2. Limited regulation: Although OneRoyal is a regulated broker, the level of regulation may not be as comprehensive as other brokers in some jurisdictions.
3. Limited deposit and withdrawal options: OneRoyal may have limited deposit and withdrawal options compared to other brokers, which may be inconvenient for some users.
4. Limited research tools: OneRoyal may have limited research tools and market analysis resources compared to other brokers, which may make it difficult for some users to make informed trading decisions.

OneRoyal Review Conclusion

OneRoyal provides traders with a variety of features and advantages including a user-friendly trading platform, educational materials, numerous account kinds, customer service, security and regulation, and access to a wide variety of assets. Yet, trading can be risky as with any platform, and OneRoyal can have fewer deposit and withdrawal alternatives as well as research facilities than other brokers. To decide if OneRoyal is the best trading platform for your purposes, it’s critical to consider the advantages and disadvantages and to do your study.

Frequently Asked Questions