Rana Adnan | March 25, 2022
Table of Contents
OneRoyal is an online retail broker that was launched in 2006 with the mission to offer great trading conditions to those who wanted to trade different financial assets: Forex, CFDs, metals, indices, cryptocurrencies, and shares. They provide traders with the popular MT4 trading platform and offer two main account types, with a required minimum deposit of $50 and leverage of up to 1:500.
Broker Pros / Cons
- Regulated broker
- User-friendly MT4 platform
- Several standalone trading tools
- Educational resources
- No USA clients
- No MetaTrader 5 trading platforms
- Best trading conditions require larger accounts
With a trading experience of over 15 years and still counting, OneRoyal is a regulated multi-asset broker that offers access to the global financial markets via the MT4 trading platform. They give traders access to various trading conditions, including low spreads from 0.0 pips, zero commissions, leverage of up to 1:500, and more. The broker provides various educational resources and some useful trading tools, whilst there is a dedicated customer support team to assist traders.
OneRoyal is regulated in multiple jurisdictions as follows:
- Royal Financial Trading (Cy) Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) and authorised, with License number 312/16, to provide the following investment and ancillary services.
- Royal Financial Trading Pty Ltd (ACN: 157 780 259) is regulated by the Australian Securities & Investments Commission (ASIC). ROYAL holds an Australian Financial Services License (AFSL 420268) and is authorised to provide financial services to Wholesale Clients only (within the meaning of the Corporations Act 2001(Cth)).
- Royal Financials SAL is authorised and regulated by the Lebanese Capital Markets Authority (CMA) as a Financial Intermediary Institution (license #15).
- Royal ETP LLC is registered in Saint Vincent and the Grenadines under Company Number 149LLC2019.
- Royal CM Limited is regulated by Vanuatu Financial Services Commission (VFSC) with License Number 700284.
OneRoyal does not provide trading services to anyone residing in the U.S.A, Japan, Iran, and North Korea nor any other countries where the offer of its products are prohibited or restricted by laws. You must satisfy yourself that dealing in the broker’s products is permitted under the laws of the country that you reside.
OneRoyal provides traders with the MetaTrader 4 trading platform, an advanced trading platform that was developed in 2005 by the Russian software company, MetaQuotes. The platform is designed to suit traders of all levels with its user-friendly interface. It is packed with a range of advanced trading functionalities, such as one-click executions, stop and limit orders, technical indicators, live analytics, and support for automated trading using expert advisors. The MT4 trading platform is available as a desktop application for Windows and Mac computers, WebTrader, and a mobile app that is designed for Android and iOS devices.
There is a selection of useful trading tools on the broker’s website. Some of the tools include Trading Central, Technical Indicators, ZuluTrade, MT4 Accelerator, MyFXBook, and an Economic Calendar that shows the schedule of future market events along with their expected impacts on the financial markets.
The broker provides traders with various learning resources to help them make informed trading decisions. These learning resources include forex videos, educational FAQs, blogs, and more.
OneRoyal offers the following trading instruments: forex, metals, oil, indices, cryptocurrencies, shares, and more.
OneRoyal offers two main account types: ZERO, which is the zero-commission trading account, and CORE, which is a raw-spread trading account. Each of the main accounts is sub-divided into three account types, namely: Classic, Premium, and VIP Accounts. The minimum deposit required to start trading is $50. A demo account is also available for practice purposes.
All clients’ general, technical, and account-based inquiries are channeled to a knowledgeable customer support team. The support team can be contacted via telephone, email, Live Chat, online feedback form, and social media.
The following payment methods are accepted at OneRoyal for both account deposits and withdrawal purposes:
- Bank wire transfer
- Credit/Debit cards
- Online payment processors — Neteller, Skrill, Paypal, and more
Potential traders who want to open an account with the broker should click on the ‘Register’ button at the top-right corner of the broker’s website and follow the subsequent instructions.
|Broker Features||AvaTrade||IG||IC Markets|
|Regulated||ASIC, BVI, CBI, FFAJ, JFSA, FSCA, IIROC, ADGM FRSA||FCA, CFTC, NFA, BaFin, FINMA, ASIC, FMA, MAS, FSA, FSCA, DFSA, JFSA, METI, MAFF||ASIC, CySEC, FSA, SCB|
|Country||Australia, Ireland, South Africa, Japan, British Virgin Islands||Australia, UK, USA, Switzerland, UAE, Singapore, Japan||Australia, Seychelles, Bahamas, Cyprus|
|Min. Deposit||Min $250 Deposit||Min $100 Deposit||Min $200 Deposit|
|Commission||From $0||From $0||From $0|
|Instruments||Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Options, Bonds, CFDs, ETFs||Forex, Commodities, Stocks, Shares, Indices, Cryptocurrencies, Metals, Energies, Options, Bonds, ETFs, CFDs||Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDs|
|Platforms||MetaTrader 4, MetaTrader 5, AvaTradeGO, AvaOptions, AvaSocial, DupliTrade, ZuluTrade, Web, Mobile||MetaTrader 4, IG Platform, IG Progressive Web App, ProRealTime (PRT), L2 Dealer, FIX API, Web, Mobile||MetaTrader 4, MetaTrader 5, cTrader, Web, Mobile|
|Type||Market Maker, STP||STP, ECN, DMA||ECN|
|Funding||Wire Transfer, Credit/Debit Card, Paypal, WebMoney, Neteller, Skrill||Wire Transfer, Credit/Debit Cards, PayPal||Wire Transfer, Credit Card, Debit Card, WebMoney, Neteller, PayPal, Skrill, FasaPay, UnionPay, Qiwi, Bpay, Poli|
|Visit Broker||Visit Broker||Visit Broker||Visit Broker|
OneRoyal is an online financial services provider that allows traders to buy and sell various financial instruments via the popular MT4 trading platform. Traders are provided with some favourable trading conditions — various account types, low spreads from 0.0 pips, leverage of up to 1:500, and zero commissions. Interestingly, the broker is regulated in multiple jurisdictions.