OneRoyal

OneRoyal  Review: Is OneRoyal Broker Good?

Broker overview and general information

OneRoyal broker was formerly known as Royal Financial Trading, founded in 2006, which quickly grew into a successful global broker. The broker aims to develop services that provide traders with reliable, convenient, and quality trading. Later in 2008, OneRoyal expanded its market to the Middle East, before expanding to Australia in 2014, and in 2022 expanding to Nigeria, and continues to grow with offices in Sydney, Beirut, Cairo, Lagos, and Florida.

Broker Licensing and Regulation

If you ask whether OneRoyal broker is good or not, you must first consider the license factor, which has the following licenses:

• Australian Securities and Investments Commission (ASIC) License No. 420268 under Royal Financial Trading Pty ltd.

• FINANCIAL SERVICES AUTHORITY St Vincent & The Grenadines (FSA) License No. 149LLC2019 under Royal ETP LLC.

• Vanuatu Financial Services Commission (VFSC) License No. 700284 under ROYAL CM LIMITED.

OneRoyal Products and Services

Trading products

Brokers offer a wide range of investment products to suit all needs, covering Forex, metals, oil, indices, cryptocurrencies, stocks and ETFs.

• Trade Forex: Trade Forex on a variety of popular currency pairs in the Forex market with a turnover of over 10 trillion USD.

• Stocks: Trade world-famous stocks, unicorn stocks, and global companies that are popular worldwide through MT4, etc.

• Indices: Trade global indices on the most popular global indices such as the S&P 500, CHINA50 and many more.

• Metals: Trade metals, assets suitable for easy profit making, high value, can be traded with gold, silver, and platinum, etc.

• Oil: Trading the most important energy in the world market is trading oil, one of the highly volatile assets such as BRENT, WTI with low spreads, making more profit.

• Cryptocurrency: Trade Cryptocurrency, one of the assets that has no market opening/closing time, allowing investors to make profits at any time. Pair popular coins BTCUSD, ETHUSD and many more to choose from as desired.

• ETFs: Trade for profit in funds such as stocks, bonds, commodities or foreign currencies, etc., which have high liquidity.

Trading Platform

You can invest through two platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

1. MT4:MetaTrader 4A basic trading program suitable for all new investors. Easy to use, convenient, fast, the most convenient platform to start trading.

2. MT5:MetaTrader 5One of the most trusted and popular trading programs, developed from MT4 to be more detailed and with tools that will help investors trade better, read charts, and view various indicators in more depth.

OneRoyal Account Types Review

There are 4 types of investor accounts: Classic, ECN, VIP and ECN Elite.

Classic Account

• Minimum deposit $50

• Commission 0$

• Spread starts at 1.4 Pips

• Minimum contract size 0.01 Lots

• Maximum leverage 1:1000

ECN Account

• Minimum deposit $50

• Commission $7

• Spread starts at 0.0 Pips

• Minimum contract size 0.01 Lots

• Maximum leverage 1:1000

VIP Account

• Minimum deposit $10,000

• Commission 0$

• Spread starts from 0.4 Pips

• Minimum contract size 0.01 Lots

• Maximum leverage 1:1000

ECN-Elite Account

• Minimum deposit $10,000

• Commission $3.50

• Spread starts at 0.0 Pips

• Minimum contract size 0.01 Lots

• Maximum leverage 1:1000

Deposit and Withdrawal Review

Supported deposit/withdrawal channels

• MasterCard

• UnionPay

• PM

• AsiaBanks

• Skrill

• Visa

• VertuPay

• His age

• DragonPay

• UPI

• IMPS

• Whish

• Fasapay

• Neteller

• NganLuong.vn

Broker Customer Service

For foreign investors or Thai investors who want to invest, you can contact customer service 24 hours a day through this channel.

Email: [email protected] 

Website:https://www.oneroyal.com/en/

Supported languages:English, Indonesian, Polish, Portuguese, Spanish, Malay, Vietnamese, Thai, Chinese

OneRoyal Review: Pros and Cons

Pros :

• A wide range of assets to trade

• There are 4 account types to choose from.

• Multiple deposit/withdrawal channels

Cons :

• Lack of examples of broker awards that demonstrate high service quality

• Few account type details

• Details of each type of asset are not very clear.

• High minimum deposit to open an account

• A commission fee is charged.

Broker Review Overview Summary

Overall, OneRoyal is an interesting Forex broker, especially since it offers trading services through reliable platforms such as MT4 and MT5. In addition, there are up to 4 types of accounts to choose from, allowing investors to choose their investments according to their expertise and budget.

However, there are still some important information that investors need to consider carefully before making a decision, such as examples of broker awards that are not available to view and licenses that traders are not confident in the regulation, which can lead to doubts about the quality of broker services.

Frequently asked questions about OneRoyal

1. What platforms can I use to trade Forex?

Answer: MetaTrader 4 (MT4), and MetaTrader 5 (MT5).

2. How many types of accounts are there to choose from?

Answer: There are 4 types of accounts to choose from: Classic, ECN, VIP and ECN Elite.

3. What assets are available to choose from?

Answer: Forex, Metals, Oil, Indices, Cryptocurrencies, Stocks and ETFs.

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OneRoyal Review Compare spreads, fees, trading platforms, deposit and withdrawal conditions and more with real user reviews to help you decide which broker suits your needs.