OneRoyal is a globally recognized, multi-licensed broker established in 2006. With a strong presence in the Middle East and offices in Sydney, Limassol, Lagos, Cairo, and Florida, OneRoyal offers trading services in Forex, commodities, indices, shares, and cryptocurrencies. The broker is known for its commitment to providing optimal trading conditions, advanced technology, and dedicated customer support.
Pros
- ✅ Multi-regulated broker ensuring client security.
- ✅ Low minimum deposit requirement starting at $50.
- ✅ Diverse account types to suit various trading styles.
- ✅ Advanced trading tools including AI-powered features.
- ✅ Wide range of tradable instruments across multiple markets.
Cons
- ❌ Higher minimum deposit for VIP and ECN Elite accounts.
- ❌ Potential additional fees for international transfers.
- ❌ Limited educational content for beginner traders.
OneRoyal Account Types Comparison
Feature | Cent Account | Classic Account | ECN Account | VIP Account | ECN Elite Account |
---|---|---|---|---|---|
Minimum Deposit | $10 | $50 | $50 | $10,000 | $10,000 |
Spreads | From 1.5 pips | From 1.4 pips | From 0.0 pips | From 0.4 pips | From 0.0 pips |
Commission | No | No | $7 per 100k RT | No | $3.5 per 100k RT |
Leverage | Up to 1:1000 | Up to 1:500 | Up to 1:500 | Up to 1:200 | Up to 1:200 |
Platform | MT4 | MT4 / MT5 | MT4 / MT5 | MT4 / MT5 | MT4 / MT5 |
Frequently Asked Questions (FAQ) about OneRoyal
1. Is OneRoyal a scam broker?
No, OneRoyal is a fully regulated broker. It operates under reputable licenses such as ASIC, CySEC, and VFSC, ensuring transparency, client fund security, and compliance with international financial regulations.
2. Does OneRoyal provide Islamic accounts?
Yes, OneRoyal offers Islamic (swap-free) accounts upon request. These accounts comply with Sharia law by removing interest charges on overnight positions.
3. How can I withdraw money from OneRoyal?
Withdrawals can be made via several methods such as credit/debit cards, bank transfers, and supported e-wallets. Simply log into your client portal, navigate to the “Withdraw” section, and follow the steps.
4. What platforms can I use to trade with OneRoyal?
OneRoyal supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are available on desktop, web, and mobile devices (Android and iOS).
5. What is the minimum deposit at OneRoyal?
The minimum deposit varies by account type:
– Cent Account: $10
– Classic and ECN Accounts: $50
– VIP and ECN Elite Accounts: $10,000