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Low minimum deposit requirement of $50, making it accessible for beginner traders.

Regulated by multiple authorities, including ASIC and CySEC, which enhances trust and security.

Offers a variety of deposit options with no inactivity fees, allowing for flexible funding.

High trading fees, particularly for forex, which may impact profitability for active traders.

Limited product portfolio, primarily focusing on forex and CFDs, which may not suit all traders' needs.

Lack of comprehensive educational resources, such as webinars, which could hinder new traders' learning opportunities.

Royal Securities broker Accounts

Royal Securities Company Account Type

Royal Securities Company offers various types of brokerage accounts to cater to different investor needs. The main account types include:

Designed for single investors.
Requires a national ID card for Cambodians or a valid passport for foreigners.
No minimum fee charge, with a competitive brokerage fee of 0.5% for stock trading and 0.2% for bond trading.

Intended for businesses or organizations.
Requires additional documentation such as a certificate of incorporation, business license, and a list of directors and shareholders.

Both account types allow investors to trade securities, but the institutional account has more stringent requirements and documentation.

Opening a brokerage account with Royal Securities Company involves a straightforward process:

Choose Account Type: Decide whether to open an individual or institutional account.
Prepare Required Documents:

For Individual Accounts:
Copy of national ID card (Cambodian) or valid passport (foreigners).
One passport-sized photo.
Bank account information.
Investor ID number issued by the Securities and Exchange Regulator of Cambodia (SERC).
For Institutional Accounts:
Memorandum of articles of association.
Certificate of incorporation.
Business license (if applicable).
Board resolution or power of attorney.
List of directors and shareholders.
Tax certificate and IDs of authorized persons.

Submit Application: Fill out the application form and submit it along with the required documents to the brokerage.
Account Approval: Once the documents are verified, you will receive confirmation and credentials to access your online account.
Fund Your Account: You can make a cash deposit or fund transfer to the Royal Securities cash collection account.
Begin Trading: After your account is funded, you can start trading by placing orders through their trading platform.

For further assistance, you can contact their brokerage team at +855 23 999 595 or via email at brokerage@sbiroyal.com.kh.