- What is Royal Financial Trading?
- Royal Financial Trading Pros and Cons
- Is Royal Financial Trading safe or a scam?
- Market Instruments
- Deposits and Withdrawals
- Trading Platform
- Customer Support
Our Review Method
- Our financial experts at 55Brokers with 10+ years of experience in forex market checked broker’s offerings including fees, platforms, spreads, licenses, as well as contacted customer support to give a comprehensive expert opinion on Royal Financial Trading
What is Royal Financial Trading?
Royal Financial Trading is a brokerage company established in 2006 to offer optimal trading conditions, tailored services and support. Originally, the broker headquarters was in Lebanon, but due to the rapid spread in the world, the company established offices in leading financial world centres Cyprus and Australia, while fully complying with applicable regulations.
- The broker will provide you with real market execution of trades based on NDD execution, while the client gains can be potentially multiplied with high leverage up to 1:500 on Forex financial instruments.
Furthermore, you may choose a trading strategy either to day trader, perform auto trading, follow professionals through Social Trading capabilities, or maybe invest through MAM technology.
Royal Financial Trading Pros and Cons
Our experts at 55Brokers Royal Financial Trading is among well-regarded brokers with easy digital account opening, good platform tools and education with research. Also, various options to deposit or withdraw funds. Royal has low forex and CFD fees. There is also no inactivity or account fee charged.
On the flip side trading fees for Stock, CFDs are higher, and there is no 24/7 support. Royal has a limited product portfolio covering only CFDs and forex. There is a fee charged for most non-wire withdrawal methods and we missed some educational tools, such as webinars.
|Multiply regulated broker with a strong establishment ||Only Forex and CFDs
|Good Reputation ||No 24/7 support
|Wide range of trading platforms |
|Low Spreads |
|Competitive trading conditions |
|Numerous industry awards |
Royal Financial Trading Review Summary in 10 Points
|🗺️ Regulation and License||ASIC, CySEC, CMA, FSA, VFSC|
|📉 Instruments||Spot FX and commodities, CFDs for Indices, Stocks and Bonds|
|🖥 Platforms||MT4, MubasherTrade Pro, RJO, Trading Central|
|💰 EUR/USD Spread||1.4 pips|
|💳 Minimum deposit||US$50|
|🎮 Demo Account||Provided|
|💰 Base currencies||USD, EUR, AUD, GBP, CAD, HKD, NZD, SGD, CHF, PLN, LBP|
|📚 Education||Live News, Economic Calendar, Traders Dashboard, Market Levels and the Trading Central|
|☎ Customer Support||24/5|
Overall Royal Financial Trading Ranking
Based on our Expert findings, Royal Financial Trading is considered a good broker with a good reputation and very favourable trading conditions suitable for beginners or experienced traders. Royal has low forex and CFD fees, and it’s also great that no inactivity fee is charged.
- Royal Financial Trading Overall Ranking is 8.6 out of 10 based on our testing and compared to over 500 brokers, see Our Ranking below compared to other industry Leading Brokers.
|Ranking ||Royal Financial Trading||HFM||Pepperstone|
Royal Financial Trading Alternative Brokers
Despite the great conditions offered, Royal Financial Trading’s instrument range is limited to Forex and CFDs, also the availability of certain products depends on the entity. See our selection of Alternative Brokers below:
Overall, we found that throughout its operation the broker has gained many awards due to its good reputation and great offering listing. The broker provides competitive trading conditions, also, the company received a dozen awards from reputable financial expositions and continues to grow.
Is Royal Financial Trading safe or scam?
No, ROYAL is not a scam it is a broker with multiple licenses, including top-tier ASIC and additional regulations by CySEC and CMA Lebanon. Royal Financial Trading is considered low-risk for Forex and CFDs.
Is Royal Financial Trading regulated?
Royal Financial Trading is authorized by the Australian Securities and Investments Commission (ASIC), also by the Cyprus Securities and Exchange Commission (CYSEC) and the Lebanese Capital Markets Authority (CMA) and the Central Bank of Lebanon. Learn more about TFXI which is also a CySEC-regulated safe broker.
In addition, there are international entities authorized by FSA and VFSC allowing traders from various countries to open accounts.
See our conclusion on Royal Financial Trading Reliability:
- Our Ranked Royal Financial Trading Trust Score is 8.6 out 0f 10 for good reputation and service over the years, also reliable top-tier licenses and serving regulated entities. The only drawback is International trading available via the offshore entity
|Royal Financial Trading Strong Points||ConsRoyal Financial Trading Weak Points |
|Regulated international broker ||Not listed on Stock Exchange
|ASIC and CySEC regulated
||Runs offshore entities for international proposal|
|Cross border licenses and global coverage|
|Negative Balance Protection applied|
Are you protected?
In short, being regulated by the leading authorities, Royal performs its transparent operation while fully complying with established numerous rules. The regulations are always in a position to offer clients the best capabilities under the full supervision of the regulations in their areas of operation.
While the transparency provided within the framework requirements is dedicated to reducing systematic risks, protecting investors from illegal practices and organizing professional activities or clearing settlement services with sharp detail. Also, all client’s funds are protected at all times, not only by segregation in world-leading banks but also by risk management systems, internal control functions and scheme compensation in case of insolvency.
Royal Financial Trading Leverage
As for the Leverage ratios offered by Royal Financial Trading, it does depend on which regulatory restrictions and rules your account is opened with.
- Australian traders may enjoy high leverage levels up to 1:500 for Forex instruments, as ASIC authority allows so.
- Cyprus regulatory restrictions along with European legislation mandate lower leverage of only 1:30 for major currency pairs and even 1:10 for Commodities.
While trading with a Lebanese entity may entitle various leverage levels too, therefore, check carefully under which regulation you will fall and what levels are applicable to your residency status.
There is a choice between two main account types, first offered on a spread-only basis or on a commission basis, known as Zero and Core accounts. Further on, depending on your initial investment broker would offer you better trading conditions and lower costs.
|Fast account opening||None|
|11 base currencies|
|Money Management account|
|Demo Account and Live Account|
A perfect solution includes in total 6 Account Types for the traders from bigger to smaller sizes and features Classic, Premium, Vip for Zero and Core account types respectively.
Besides, there is a choice to open either Individual, Joint, Corporate, or Trust Account, as well as the MAM, to manage multiple accounts from a single interface and Islamic account for Muslim traders, which includes no interest, swap or rollover commissions (Find out the best swap free forex broker).
Royal Financial Trading Instruments
There are many investment opportunities available within the Royal while trading access is provided through an NDD execution model by the selection of financial products Spot FX and commodities, CFDs for Indices, Stocks and Bonds.
- Royal Financial Trading Range Score is 7.9 out 0f 10 for wide trading instrument selection, yet the only gap it offers is mainly CFDs and Forex Instruments. The range also depends on the entity.
Can you trade Crypto on Royal Financial Trading?
Yes, you can trade Cryptocurrencies on the Royal Financial Trading platform, the broker provides good conditions and the range is good in our opinion.
The diversity of account types caters to various investment strategies and activities while holding a Royal Financial Trading account allows you to benefit from the most demanding figures on tight spreads, low cost and quick execution.
- Royal Financial Trading Fees are ranked low with an overall rating 8.2 out of 10 based on our testing and compared to other brokers. The broker has low forex and CFD fees, and it’s also great that no inactivity fee is charged. However, most withdrawal options other than bank transfer carry a fee.
|Fees||Royal Financial Trading Fees||AvaTrade Fees||BDSwiss Fees|
Royal Financial Trading Spreads
Royal Financial Trading spreads are designed according to the account type, since a much higher account size you maintain the better spread offering is included.
So if you select a group of Zero accounts all costs are built into a variable spread, examples of which you may see in the table below. And if you prefer a commission basis Core account group is your selection, where spreads start from 0 pips and add on a 7$ commission for a classic account, 5$ for Premium and 3.5$ for a VIP one.
Also, see or Compare spreads of different accounts on the most popular pairs through the snapshot below. Also, always consider rollover or overnight fees as a cost, for positions held longer than a day. As well you may check applicable fees to another popular broker Eightcap.
- Royal Financial Trading Spreads are ranked average with an overall rating of 7.7 out of 10 based on our testing comparison to other brokers. We found Forex spread average to the industry standard.
|Asset/ Pair||Royal Financial Trading Fees||AvaTrade Fees||BDSwiss Fees|
|EUR USD||1.4 pips||1.3 pips||1.5 pips|
|Crude Oil WTI||4||3||6|
Snapshot of Royal Financial Trading spreads
Deposits and Withdrawals
Money deposit and withdrawal is another crucial point within Royal Financial Trading Review, while we found that the broker supports 13 payment methods and offers 11 account base currencies all in all supporting smooth money transfer.
- Royal Financial Trading Funding Methods we ranked Excellent with an overall rating of 8 out of 10. Both low fees and low minimum deposits make the broker an excellent choice for both beginners and experienced traders.
Here are some good and negative points for Royal Financial Trading funding methods found:
|Royal Financial Trading Advantages||Royal Financial Trading Disadvantages|
|Fast digital deposits, including Credit Card, Debit Card, Electronic Wallet||Withdrawal fee|
|11 base currencies|
|No deposit fee|
The methods include a wide range of payment options yet may vary according to the country’s regulations and your residence so always good to verify this information with the support centre as well.
- Credit cards
- bank transfers
- Money Transfer, Pape Cheque
- E-payments Skrill, Neteller, iDEal, giropay and many more
However note, there are maybe differences between the payment options and applicable commissions according to the Royal Financial Trading entity you trading with, as various jurisdictions implement different rules.
What is the minimum deposit at Royal Financial Trading?
Royal Financial Trading minimum deposit amount requires 50$ to open a Classic live trading account, while higher types mandates higher deposits, check in the section above.
Royal Financial Trading minimum deposit vs other brokers
||Royal Financial Trading
||Most Other Brokers
How to withdraw money?
Royal Financial Trading withdrawal fees may vary again according to the jurisdiction and the payment method you choose. Yet, there are fees on withdrawal options card payments or bank wire transfers up to 2%.
The trading technology of Royal arms the traders with a trading platform that brings quick access to the market and is full of rich information. The MetaTrader4 is one of the most popular online trading worldwide platforms that combines interface simplicity and powerful tools and is also Royal Financial mainstay.
- We rank Royal Trading platform Score 7.8 out of 1o. The broker does provide industry-leading MetaTrader suits. Also, the broker allows copy trading through sophisticated platforms Zulutrade and MyFxbook
|Platforms ||Royal Financial Trading||Pepperstone ||Plus500|
|Own Platform ||No||Yes||Yes|
|Mobile Apps ||Yes||Yes||Yes|
There are several versions of the platform to suit the demands including the Desktop, WebTrader and Mobile application, as well as a solution with simultaneous trading possibility through MT4 MultiTerminal and MAM accounts for Money managers.
All the platform versions feature almost the same functionality with the difference what you as a trader particularly may need. As desktop versions are usually full feature with all the functions available and included, so you can deploy the strategy of your preference.
In addition, there are available MetaFX platform allowing to manage multiple accounts or suitable for professionals as well.
The mobile platform is also in the package allowing to stay updated under any conditions right from your mobile device iOS or Android, and develop the trading offering and perform an accurate breakdown of technical analysis.
What is Social trading?
Royal Financial Trading provides daily reports with the latest trends and numerous tools that enhance trading. These include MT4 Accelerator, VPS Hosting options, Trading Central analysis and Social Trading capabilities.
Social trading is a great feature that enables trading through the leading platforms myFXbook and ForexSignals.com and ZuluTrade. Currently, social trading is a leading analytical network that provides a base to compare and copy trades from the professionals and is great for beginners or experienced traders.
One of the important parts of Royal Financial Trading reviews a proposal with a good level of customer service and support that covers the need of the traders with the option to contact the broker either via email, phone lines, also with call back options, live chat, WhatsApp and Messenger support as well.
- Customer Support in Royal Financial Trading is ranked Good with an overall rating of 8 out of 10 based on our testing. We got fast and comprehensive answers on concerning issues through all communication channels.
|Quality customer support with live chat, messenger and WhatsApp||Support not available 24/7|
Along with that, an experienced team of relationship managers and specialists always remains on hand to assist its clients. In addition, daily reports and analysis tools along with educational materials will make sure the trader is on the right path together with established resources alike Live News, Economic Calendar, Traders Dashboard, Market Levels and the Trading Central.
- Royal Financial Trading Education ranked with an overall rating of 7.8 out of 10 based on our research. The broker provides quality educational and research materials and resources of different formats including e Live News, Economic Calendar, Traders Dashboard, Market Levels, etc.
Royal Financial Trading Review Conclusion
Our final thought on Royal Financial Trading cleared a reliable, globally presented brokerage company, with a competitive trading solution and a number of opportunities. An established direct connection, seamless trading process and numerous technologies with low trading prices definitely create a winning combination. Traders of different sizes or various strategies, even including social trading, are able to connect and choose the best option along with a good range of trading platforms and services to choose from.
Based on Our findings and Financial Expert Opinions Royal Financial Trading is Good for:
- Beginning Traders
- Professional Traders
- EAs running
- Copy Trading
- Traders who prefer MT4 or MT5 platform
- Currency Trading and CFD Trading
- Suitable for a Variety of Trading Strategies
- MAM Trading