Royal Broker, officially known as Royal Financial Trading (CY) Ltd, was established in 2008. The broker has its headquarters located in Australia, with significant offices in Cyprus and Vanuatu. Royal Broker operates as a privately held entity and is part of the Goldman Global Group, which has been active in the financial services sector since 2005.
Since its inception, Royal Broker has focused on providing a comprehensive trading environment for retail clients, offering services in Forex, CFDs, and various other financial instruments. The broker has developed a reputation for its commitment to security and customer service, catering primarily to a global clientele that includes individual traders and institutional investors.
Over the years, Royal Broker has reached several important milestones, such as obtaining multiple regulatory licenses and expanding its product offerings. The brokers business model primarily revolves around retail Forex trading, but it also provides institutional services, including liquidity solutions and white label offerings.
Royal Broker is regulated by several financial authorities, ensuring a secure trading environment for its clients. The main regulatory bodies overseeing Royal Broker include:
These licenses allow Royal Broker to operate legally in their respective jurisdictions, providing a level of investor protection. The broker maintains a commitment to client fund segregation, ensuring that clients' funds are kept in separate accounts from the company's operational funds. This is a critical aspect of safeguarding client investments.
In terms of investor compensation, Royal Broker participates in the compensation schemes provided by CySEC, which covers up to €20,000 for European clients in case of broker insolvency. The broker adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring clients to verify their identities before trading.
Royal Broker offers a diverse range of trading products, catering to various trading preferences and strategies. The broker provides access to:
The broker continually updates its product offerings, adding new instruments based on market demand and trends. Royal Broker also supports retail trading services, enabling individual traders to engage in various market segments. For institutional clients, the broker offers tailored solutions, including liquidity provision and asset management services.
Additionally, Royal Broker provides white label solutions for firms looking to enter the trading market under their own brand, leveraging Royal Broker's infrastructure and technology.
Royal Broker supports the MetaTrader 4 (MT4) platform, which is widely recognized for its user-friendly interface and advanced trading capabilities. The broker also offers MetaTrader 5 (MT5), providing traders with additional features and tools for improved trading experiences.
The trading platforms are accessible via web and mobile applications, allowing traders to manage their accounts and execute trades on the go. The broker's mobile app is available for both iOS and Android devices, ensuring that clients can trade from anywhere at any time.
Royal Broker operates on a Market Maker execution model, which allows for competitive spreads and quick trade execution. The broker's servers are located in secure data centers, ensuring high uptime and reliability. Furthermore, Royal Broker supports API access for automated trading, catering to algorithmic traders and those looking to integrate their trading strategies with third-party tools.
Royal Broker offers several account types to accommodate different trading styles and capital levels:
The broker provides a demo account for new traders to practice without risking real funds. Leverage is available up to 1:30 for retail clients, depending on the asset class. The minimum trade size is 0.01 lots, allowing for flexible trading strategies.
Royal Broker also has an overnight fee policy, which applies to positions held overnight, ensuring that traders are aware of any potential costs associated with their trading activities.
Royal Broker supports a variety of deposit methods, including:
The minimum deposit requirement varies by account type, starting at $50 for the Classic account. Deposits are typically processed within 1-3 business days, depending on the method used.
Withdrawal options include bank transfers, credit/debit cards, and e-wallets. The processing time for withdrawals is usually 1-5 business days, and the broker may charge fees depending on the withdrawal method.
Royal Broker clearly outlines its fee structure, ensuring that clients are aware of any costs associated with deposits and withdrawals.
Royal Broker provides robust customer support through various channels, including:
The support team operates during business hours, covering multiple time zones to assist clients globally. The broker offers support in several languages, including English, Arabic, Spanish, Chinese, Indonesian, Polish, and Portuguese.
In addition to customer support, Royal Broker provides educational resources to help clients improve their trading skills. These resources include webinars, tutorials, and e-books covering various trading topics. Market analysis services, such as daily market updates and research reports, are also available to keep traders informed about market conditions.
Royal Broker primarily serves clients from various regions, including Australia, Europe, and parts of Asia. The broker has established offices in key locations to facilitate operations and customer support.
However, there are certain countries from which Royal Broker does not accept clients, including the United States, Canada, Iran, and North Korea. These restrictions are in place due to regulatory compliance and legal considerations.
In summary, Royal Broker positions itself as a reliable and well-regulated broker catering to a diverse clientele. With a focus on security, customer service, and a wide range of trading products, Royal Broker continues to evolve in the competitive Forex market.
FX3771580176
South Africa
I join Royal traders this year January when I found them on Facebook then I started trading with them I deposit money on their account wich turns then they trade and we see profit they told me if I put money I'll get more profit I did so until I claim then they told me to put more money to release my money. My claims are in pending till now. So I was scammed can you please make means so that I can get my money back.
Exposure
2021-08-27
A42620
Italy
This hateful Royal harassed me and my friends by calling us all the time, and we are annoyed and want to know where we can report this broker! I wish they go to hell!
37130
2023-02-23