Information
Overview of Trade Forex’s One Royal
Foundational Background and Global Reach
Trade Forex’s One Royal emerged in the vibrant market of Lebanon in 2006. This Forex broker has strategically expanded its presence with offices in Cyprus, Australia, Vanuatu, and Saint Vincent and the Grenadines. They cast a wide net, welcoming clients globally, except from nations like the USA, Japan, Iran, North Korea, and other jurisdictions where Forex trading faces legal restrictions.
Regulatory Compliance
The Composition of One Royal Group
- Royal Financial Trading Pty Ltd (Australia): Under the vigilant eye of the Australian Securities and Investments Commission (ASIC).
- Royal Financial Trading (Cy) Ltd (Cyprus): Keeping in line with the Cyprus Securities and Exchange Commission (CySEC).
- Royal Financials SAL (Lebanon): Adhering to the Lebanese Capital Markets Authority (CMA).
- Royal CM Limited (Vanuatu): Following the Vanuatu Financial Services Commission (VFSC).
- Royal ETP LLC (Saint Vincent and the Grenadines): Operational but not under any specific regulatory body.
Client Protection: One Royal prioritizes client fund security by storing them in segregated accounts with top-tier banks.
Leverage Limits and Offerings
While European and Australian branches must adhere to the 1:30 leverage cap, One Royal finds a clever workaround. By utilizing its branches in Saint Vincent and the Grenadines and Vanuatu, they offer hefty leverage up to 1:500 to their European and Australian clients, a dream for the high-stakes trader.
Trading Arsenal
- Currency Pairs: Over 60 pairs.
- Stocks: A robust collection of 70 stocks from American and European companies.
- Indexes: 18 significant stock indexes.
- Cryptocurrencies: Popular choices like Bitcoin, Litecoin, Ethereum, Ripple.
- Commodities: A mix of metals and energy carriers.
Platform
- MetaTrader 4 (MT4): The sole trading platform, a veteran’s favorite in the trading arena.
Account Types
- ZERO: The classic STP account, no commissions, average spread of 1.4 pips.
- CORE: The ECN account, razor-thin spreads starting from 0 pips, with a $7 per lot commission.
Account Levels Based on Deposits
- Classic Level: $50 – $9,999 deposit.
- Premium Level: Over $10,000 deposit.
- VIP Level: Minimum $50,000 deposit.
Financials
- Minimum Deposit: $50.
- Deposit Methods: Bank transfer, Visa/MasterCard, Skrill, Neteller, FasaPay, Perfect Money, POLi, UnionPay, BTC, ETH, XRP, USDT.
- Crypto Deposits: 0.8% commission charge, contrasting free deposits via other methods.
Concluding Thoughts
One Royal stands out as a strategic choice for European and Australian traders craving higher leverage. The familiarity of MT4 as the trading platform smoothens the transition for traders switching from other brokers.
Detailed Broker Profile
- Broker Name: One Royal
- Year of Foundation: 2006
- Headquarters: Lebanon
- Regulation: ASIC, CySEC, CMA, VFSC
- Trading Platform: MT4
- EURUSD Spread: 1.4 pips
- Demo Account: Available
- Minimum Deposit: $50
- Base Currencies: USD, EUR, AUD, GBP, CAD, HKD, NZD, SGD, CHF, PLN
- Maximum Leverage: 1:500
- Trading Assets: Currency pairs, indices, stocks, metals, cryptocurrencies
- Deposit Methods: Bank Transfer, Visa/MasterCard, Skrill, Neteller, FasaPay, Perfect Money, BTC, ETH, XRP, USDT
- Withdrawal Fee: Applicable
- Islamic Accounts: Available
- Segregated Accounts: Yes
- Partner Account: Yes
- Scalping: Allowed
- Automatic Trading: Supported
- Mobile Trading: Supported
- Web Terminal: Available
- Social Trading: Available
- VPS: Available
- Support: 24/5
Final Note
Remember, every trade tells a story. Before diving in, it’s wise to read the pages of reviews on One Royal and see where they stand in Trade Forex’s esteemed broker rating. Happy trading!