OneRoyal Forex Broker

OneRoyal Review SummaryFounded2006Registered Country/RegionCyprusRegulationASIC, CYSEC, VFSC (Offshore regulated)Market InstrumentsForex, Commodities, Metals, Indices, Cryptocurrencies, ETFs, SharesDemo Account✅SpreadFrom 1.4 pips (Standard account)LeverageUp to 1000xTrading PlatformMT4, MT5, MetaFX, MultiTerminalsCopy Trading✅Minimum Deposit$50 Customer SupportLive chat, contact formTel: +357 25 080 880Email: support@oneroyal.euWhatsApp, Telegram, MessengerRegistered address: 152 Franklin Roosevelt Avenue. Limassol, 3045, Cyprus.Contact for other offices: https://royal-fi.com/en/support/contact-usRestricted RegionsEU countries, the United States, North KoreaOneRoyal Information OneRoyal was first registered in Cyprus in 2006, and later expanded its footprint all over the world in 5 countries: Australia, Lebanon, Vanuatu, St.Vincent & Grenadine, and Nigeria. It mainly focuses on trading services in forex, commodities, indices, cryptocurrencies, shares and ETFs. A demo account is available for practicing, with tight spread from 0 pip for live accounts. And the broker implements fund segregation to separate client funds from their operational accounts. In addition, educational resources are also provided to equip investors with necessary knowledge and skills for successful trading. A wide range of trading tools, even involving AI, is available to enhance trading efficiency. Traders can choose from MT4 Accelerator, VPS Hosting, Calculators, HokoCloud, AI tools such as SignalX, AssetlQ, Calendar, Market Scanner, etc. Traders can enjoy top-notch trading experience with the industry-leading MetaTrader 4 and 5 platforms. While for money managers, MetaFX and MultiTerminals are available. Moreover, the broker allows for copy trading so beginners can quickly start to win profit by copying successful predecessors. Another good thing is that the company is currently regulated by ASIC, CYSEC and VFSC, which means its financial activities are strictly watched by these authorities, to some extent guarantees a certain level of customer protection. However, you should be cautious because the VFSCregulation is offshore only.Pros and ConsPros Cons ASIC and CYSEC regulatedOffshore VFSC regulationWide range of trading marketsDemo accountsFund segregationTight starting spreadsRich educational resourcesAffordable minimum depositMT4 and MT5 platformsCopy tradingIs OneRoyal Legit? OneRoyal is currently being well regulated by Australia Securities & Investment Commission (ASIC), CYSEC (Cyprus Securities and Exchange Commission), VFSC (Vanuatu Financial Services Commission) with license no. 000420268, 312/16 and 700284 respectively. However, one fact that you should not neglect is that the MISA regulation is offshore only, which indicates less grasp by the authority.Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.ASICRegulatedRoyal Financial Trading Pty LtdInstitution Forex License000420268CYSECRegulatedRoyal Financial Trading (Cy) LtdStraight Through Processing (STP)312/16VFSCOffshore regulated Royal CM LimitedRetail Forex License700284What Can I Trade on OneRoyal?Trading InstrumentsSupportedForex✔Commodities✔Metals✔Indices✔Cryptocurrencies✔ETFs✔Shares✔Bonds❌Options❌ Account Type Except for a demo account to familiarize yourself before commiting actual trading, OneRoyal offers 4 tiered accounts with different trading conditions to suit for the needs of different client groups:Account TypeMinimum Deposit Accepted CurrenciesSpread CommissionStandard $50USD, EUR, GBP, PLNFrom 1.4 pips❌ECN$50From 0 pip$7 per tradeVIP$10,000From 0.4 pipS❌ECN$10,000From 0 pip$3.5 per tradeLeverage While OneRoyal offers leverage up to 1000x, traders should use leverage cautiously and choose the product that best suits their experience levels to avoid huge losses.Trading Platform OneRoyal claims to use the world renowned MetaTrader 4 and 5 platforms, which are well-recognized by its advanced charting tools and robust functionalities. You can reach the platform on web, or download app from Windows, mobiles phones and Mac.Trading PlatformSupported Available Devices Suitable forMT4✔Web/Windows/ Mac/Mobile phonesBeginnersMT5✔Web/Windows/ Mac/Mobile phonesExperienced tradersDeposit and Withdrawal Per its website info, OneRoyal enables payment through Visa, VertuPay, kora, dragonpay, fasapay, unionpay, Skrill, Visa, etc.