- Restricted Jurisdictions: Limitations on providing services to residents of certain countries such as Iran, USA, North Korea, etc. due to international sanctions can restrict market access for some traders.
Is It Safe?
Regulations:
OneRoyal operates under the regulation of several prominent global financial authorities. These include the Australia Securities & Investment Commission (ASIC) with license number 420268, the Cyprus Securities and Exchange Commission (CYSEC) under license no. 312/16, and the Vanuatu Financial Services Commission (VFSC) with license no. 700284. These regulatory affiliations underscore OneRoyal's dedication to maintaining rigorous standards in financial operations.
Safety Measures:
OneRoyal ensures security through segregated accounts, where client funds are kept separate from the company's operational funds. This practice enhances financial transparency and protects clients' assets, ensuring that they remain secure and unaffected by the company's financial activities or potential liabilities.
What are the Securities to Trade with OneRoyal?
OneRoyal offers a comprehensive array of more than 1900 market instruments.
Clients can engage in Forex trading, which includes major, minor, and exotic currency pairs, providing opportunities across global currency markets.
For those interested in commodities, OneRoyal offers trading in metals like gold and silver, as well as oil, enabling participation in the commodities market.
Indices trading allows clients to speculate on the performance of global stock indices, while cryptocurrency trading offers access to popular digital assets.
Additionally, OneRoyal provides opportunities in equity trading with shares of leading companies and ETFs (Exchange-Traded Funds) that track various market indices.
Through these assets, OneRoyal allows for copy trading, enabling traders to replicate the strategies and trades of experienced investors automatically, thus to simplify trading for beginners and enhance efficiency for experienced traders by leveraging the expertise and success of others within the platform.
Account Types
OneRoyal offers a range of account types tailored to meet the needs of different traders.
The Classic account requires a minimum deposit of $50 and offers spreads starting from 1.4 pips.
For those seeking tighter spreads, the ECN account features spreads as low as 0.0 pips, ideal for more active traders, and requires a minimum deposit of $50.
The VIP and ECN elite accounts, designed for high-volume traders, offer premium trading conditions with the same minimum deposit of $10,000 and spreads of 0.4 pips and 0.0 pis respectively.
It operates with maximum leverage of 1:1000 and supports trading on MT4/MT5/Webtrader platforms, with account currencies available in USD, EUR, GBP, and PLN.
Additionally, OneRoyal offers swap-free accounts across all account types, maintaining the same trading conditions as their standard counterparts. This option is particularly beneficial for traders adhering to Islamic principles, as it eliminates interest (swap) charges on positions held overnight, ensuring compliance with Sharia law.
OneRoyal also caters to beginners with a Cent account for forex and metals trading, where trading values are denominated in cents rather than dollars. The minimum deposit is $10, making it accessible for those new to trading or with limited capital. Maximum leverage of the Cent account is 1:1000, with base currency USD only.
Futhermore, the company provides a demo account for traders to test their trading strategies in a risk-free enviroment. Investors have immediate 7-day access to AI trading tools for free with this account.
Commission
OneRoyal employs transparent commission structures across its account types.
The Cent, Classic and VIP accounts benefit from commission-free trading.
For ECN account holders, a commission of $7 per 100k RT is applied.
The ECN Elite account, designed for traders seeking premium conditions, features a reduced commission of $3.5 per 100k RT.
App/Platform
OneRoyal provides a robust selection of trading platforms. For traders, MT5 stands as the preferred choice, offering advanced features and capabilities ideal for both PC and MAC users. Mobile traders can seamlessly access MT5 on Android and iOS devices.
Meanwhile, MT4 remains a staple for its reliability and versatility, available for Windows, iOS, Android and offering a web-based version for quick access from any browser.
For traders seeking enhanced functionality, OneRoyal offers the MT4 Accelerator pack, a comprehensive suite of twelve advanced apps designed to supercharge trading. These include tools like Alarm Manager for personalized trading alerts, Correlation Trader for analyzing forex pair relationships, and Market Manager for efficient symbol watch-list management.
Additionally, traders managing multiple accounts or operating as Money Managers can utilize MetaFX MAM (Multi-Account Manager) and MT4 Multiterminal respectively.
Research & Education
OneRoyal provides a comprehensive suite of educational resources.
Through their engaging platform “Learn All About Forex with Roy & Al,” traders embark on a structured learning journey facilitated by Roy and Al, the quirky duo navigating the forex market's intricacies. This modular learning approach allows traders to progress at their own pace, starting with fundamental concepts like pips, leverage, and what can be traded, and advancing to more nuanced topics such as technical and fundamental analysis, market sentiment, and risk management.
Additionally, OneRoyal offers a Knowledge Hub featuring a series of trading and forex videos that provide invaluable insights accumulated over decades. These resources cater to all levels of expertise, covering essential topics like calculating pips, understanding market movements, interpreting chart patterns, and decoding economic indicators, etc.
Moreover, OneRoyal provides a dynamic blog page dedicated to keeping traders informed with the latest market updates and insights. Regularly updated, the blog offers timely analysis of market trends, economic events, and trading strategies. Traders can stay ahead with in-depth articles, expert opinions, and real-time commentary on key developments impacting global markets.
Customer Service
Royal Financial Trading Pty Ltd, located at Suite 1502, Level 15, 60 Margaret St, Sydney NSW 2000, Australia, offers robust customer service methods to support traders effectively. You can reach them via phone at +61 2 8284 5100 or through various digital channels including callback forms, live chat, WhatsApp, and Messenger.
For inquiries and assistance, they provide an email contact at support@oneroyal.com and maintain active engagement via social media platforms such as Facebook, Instagram, LinkedIn, Twitter, YouTube and Telegram.
Their comprehensive FAQ section on the website further enhances accessibility, and a callback form ensures traders receive prompt and knowledgeable support tailored to their needs.
For contact details for branch offices across the world, you can visit https://www.oneroyal.com/en/support/contact-us.
Conclusion
In conclusion, OneRoyal stands out as a trusted partner in the financial industry, offering a wide range of trading services with a commitment to regulatory compliance and client satisfaction.
Regulated by prominent authorities such as ASIC (Australia Securities & Investment Commission) and others including CYSEC and VFSC, OneRoyal ensures adherence to rigorous standards in financial operations.
With robust customer service channels and educational resources, OneRoyal provides traders with the tools and support needed to navigate the complexities of global markets confidently. As such, OneRoyal is recognized as a reliable choice for traders seeking a secure and knowledgeable brokerage experience.
Q&A
- Is OneRoyal regulated by any financial authority?
Yes, it operates under strict regulatory frameworks by ASIC (Australia Securities & Investment Commission), CYSEC (Cyprus Securities and Exchange Commission), and VFSC (Vanuatu Financial Services Commission).
- What financial products does OneRoyal offer?
Forex, commodities, indices, stocks, shares, and cryptocurrencies.
- Is OneRoyal suitable for beginners?
Yes, OneRoyal is well regulated by three prominent authorities: ASIC, CYSEC and VFSC. It caters to beginners with educational resources and a user-friendly trading environment. A demo account for practicing and CENT account where trades are denominated in cents making the company accessible for those new to trading or with limited capital.
- What trading platforms does OneRoyal offer?
MT4 and MT5, available for PC, Mac, Android, and iOS devices.
- What's the minimum deposit of OneRoyal request?
$50.
- Are there any restricted areas of OneRoyal's services?
Yes, it does not provide or facilitate business services or transactions to residents of the USA, Iran, North Korea or any other country that is subject to any international sanctions.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.