At the paramount priority while selecting the brokerage firm to trade with always stands its reliability, trust and conditions that suit your trading needs. For this reason, we assist in choices by reviewing brokers and providing detailed information to support selection among offering, and here is Royal Financial Trading Review among others.
What is Royal Financial Trading?
Royal Financial Trading is a team of trading professionals that established the brokerage company in 2006 to offer optimal trading conditions, tailored services and support. Originally, the broker headquarters in Lebanon, but due to the rapid spread in the world, the company established offices in leading financial world centers Cyprus and Australia, while fully complied with applicable regulations.
There are many investment opportunities available within the Royal, while trading access provided through an NDD execution model by the selection of financial products Spot FX and commodities, CFDs for Indices, Stocks and Bonds. The broker will provide you with real market execution of trades while client gains can be potentially multiplied with high leverage up to 1:400 on Forex financial instruments. Furthermore, you may choose trading strategy either to day trader, perform auto trading, follow professional through Social Trading capabilities, or maybe to invest through MAM technology.
Along with that, experienced team of relationship managers and specialists always remaining on hand to assist its clients. In addition, daily reports and analysis tools along with educational materials will make sure the trader is on a right path together with established resources alike Live News, Economic Calendar, Traders Dashboard, Market Levels and the Trading Central.
Overall, the Royal group of companies has provided competitive trading conditions, that’s why they received a dozen awards from reputable financial expositions.
Nevertheless, Royal Financial Trading offer looks an attractive opportunity yet, you should always check the most important information of proposal. In this purpose this review covers the following highlights:
Is Royal Financial Trading safe or scam?
ROYAL is multiply licensed broker, which makes it a reliable choice and actually is the first step to check while selecting broker. 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 Central Bank of Lebanon.
In short, being regulated by the leading authorities, Royal perform its transparent operation while fully complies with established numerous rules. The regulations 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 dedicated to reduce systematic risks, protect 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 Platforms
The trading technology of Royal arms the traders with the trading platform that brings quick access into the market and 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.
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 versions featuring almost the same functionality and allowing to stay updated under any conditions, develop the trading offering and perform an accurate breakdown of technical analysis.
Hence, Royal Financial Trading provides daily reports with the latest trends and numerous tools that enhance trading. These including MT4 Accelerator, VPS Hosting options, Trading Central analysis and Social Trading capabilities. Social trading is a great feature which enables trading through the leading platforms myFXbook and ForexSignals.com and ZuluTrade. Currently, social trading is leading analytical network that provides a base to compare and copy trades from the professionals and is great for beginners or experienced traders.
Royal Financial Trading Fees and Accounts
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. Yet, the broker has not made it complicated, the choice between two main types goes first either with spread only or on a commission basis, while further depending on your initial investment broker would offer you better trading conditions and lower costs. A perfect solution includes in total 5 Account Types to the traders from bigger to smaller size and features Classic, Premium, Edge, Vip and Pro100 accounts.
Besides, there is a choice to open either Individual, Join, Corporate or Trust Account, as well as the MAM, to manage the multiple accounts from a single interface and Islamic account for Muslim traders, which includes no interest, swap or rollover commissions.
Royal Financial Trading spreads designed according to the account type, as much higher account size the better spread offering is included. Compare spreads of different account on the most popular pairs below. Also, always consider rollover or overnight fee as a cost, for the positions held longer than a day. As well you may check applicable fees to another popular broker STO.
Royal Financial Trading Leverage
As for the Leverage ratios offered by Royal Financial Trading it does depend under which regulatory restrictions and rules your account is opened with. Therefore, Australian traders may enjoy high leverage levels up to 1:400 for Forex instruments, as ASIC authority allows so. In reverse, Cyprus regulatory restrictions along with European legislation mandates lower leverage of only 1:30 for major currency pairs and even 1:10 for Commodities. While trading with 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.
Royal Financial Trading Deposits and Withdrawals
To ensure hassle-free funding, the Royal offers several payment methods including either Credit Cards, Bank Wire, Money Transfer, Paper Cheque or the large number of e-payments. As well, there is the possibility to perform the internal transfer between the account making it an easy process.
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.
As for the minimum deposit amount, Royal Financial Trading requires only 50$ to open a Classic live trading account, while higher types mandates higher deposits, check in the section above.
Generally, deposit or withdrawal fees may vary again according to the jurisdiction and the payment method you choose. Yet, most often Royal does not charge fees on card payments or bank wire transfers.
Conclusion on Royal Financial Trading
The Royal Financial Trading review cleared a reliable, globally presented brokerage company, which offers a competitive trading solution and number of opportunities. An established direct connection, seamless trading process and numerous technologies with low trading prices definitely create a winning combination.
Furthermore, traders of different sizes or various strategies, even including social trading, are able to connect and choose the best option. Another pleasant advantage is the support, which caters professionals while even regular trader or experienced one will count on a quality offering with far and wide developments that will suit different needs.
And of course, please share your opinion and experience with Royal Financial Trading in the comment area below or ask us for some additional information of necessary.