Royal Account Type

Royal offers various account types to cater to different trading strategies and investor needs. The account types include:

• Classic Account
• Minimum Deposit: $50
• Spread: From 1.5 pips
• Commissions: $0
• Bonus: 100%
• ECN Account
• Minimum Deposit: $50
• Spread: From 0.8 pips
• Commissions: $7 per trade
• Premium Account
• Minimum Deposit: $5,000
• Spread: From 0.4 pips
• Commissions: $5 per trade
• VIP Account
• Minimum Deposit: $25,000
• Spread: From 0.0 pips
• Commissions: $3.5 per trade
• Islamic Account
• Swap-Free Trading
• Wider spreads compared to standard accounts
• Additional administration fees may apply

Royal Broker Account Opening Process

Opening an account with Royal is straightforward and can be completed in a few simple steps:

• Choose Your Account Type: Select the account type that suits your trading style (e.g., Classic, ECN, Premium, etc.).

• Register: Provide your phone number or email to start the registration process.

• Fund Your Account: Navigate to the fund section, click deposit, select your payment method, and confirm the payment. The minimum deposit required is $50.

• Account Verification: Submit identification documents such as an ID card, passport, or driver's license. Verification is necessary for fund safety and is a compulsory condition for withdrawal.

• Start Trading: Once your account is verified and funded, you can begin trading on the Royal platform.

For more detailed information, you can refer to the source: Royal Trading.