OneRoyal-Some Important Details about This Forex Brokers

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 contained in this article is for general information purposes only.

General Information & Regulation

Feature	Information
Registered Country/Region	Cyprus
Found	2006
Regulation	CYSEC
Market Instrument	Forex, metals, oil, indices, cryptocurrencies, shares, and ETFs
Account Type	Clasic, ECN, Premium, ECN Plus, VIP and ECN Elite
Demo Account	Yes (30 days)
Maximum Leverage	1:500
Spread	Vary on the account type
Commission	Vary on the account type
Trading Platform	MT4
Minimum Deposit	$50
Deposit & Withdrawal Method	credit/debit cards (Visa/MasterCard), and Bank Wire

OneRoyal, a trading name of Royal Financial Trading (Cy) Ltd, is a Limited Liability Company incorporated with the Registrar of Companies under registration number HE 349061 / VAT number 10349061 W. Royal Financial Trading (Cy) Ltd (oneroyal.com/eu) is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with License number 312/16.

Here is the home page of this brokers official site:

Note: The screenshot date is February 8, 2023. WikiFX gives dynamic scores, which will update in real-time based on the broker's dynamics. So the scores taken at the current time do not represent past and future scores.

Market Instruments

Investors can trade Forex products including major and minor currency pairs, exotic currency pairs, precious metals such as gold and silver, crude oil, access to indices such as the US Wall Street 30 and UK 100 indices, cryptocurrencies, stocks, etc.

Account Types

OneRoyal offers 6 types of accounts for investors: Classic, ECN, Premium, ECN Plus, VIP and ECN Elite, with minimum initial capital requirements of $50, $50, $5,000, $5,000, $25,000 and $25,000 respectively. One Royal also offers demo accounts (30 days) for both beginners and professionals to test the trading environment of this platform, as well as practice their trading skills. Islamic accounts are also available.

Leverage

The leverage provided by OneRoyal is capped at 1:500. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spreads & Commissions

Spreads and commissions with OneRoyal are scaled with the accounts offered. Specifically, the spread starts from 1.4 pips on the Classic account, from 0.8 pips on the Premium account, from 0.4 pips on the VIP account, and 0.0 pips on the ECN, ECN Plus and ECN Elite accounts.

As for the commission, there is a $7 commission on the ECN account, $5 on the ECN Plus account, $3.5 on the ECN Elite account, and $0 on the Classic, Premium and VIP accounts.

Trading Platform

The popular MT4 trading platform is available when trading with OneRoyal, and Royal MT4 support Web, Desktop, PC, and Mac devices. Besides, MT4 Accelerator, as well as Multi-Terminal is also within reach.

Deposit & Withdrawal

OneRoyal offers traders some ways to deposit and withdraw funds from and to their accounts. The minimum deposit is $50. These deposit and withdrawal methods include credit/debit cards (Visa/MasterCard), and Bank Wire. No deposit or withdrawal fees are charged.

Education & Tools

Rich educational and trading tools are available for traders to acquaint themselves with forex and CFD trading as soon as possible. These include The Roy & AI Show, Knowledge Hub, Education on Demand, Technical Insights, Webinars, Blog, Trading Central, MT4 Accelerator, VPS, and Calculator.

Customer Support

OneRoyal can be reached 24/5 multilingual through multiple contact channels, including Live Chat, Whatsapp, Telegram, Call Back, and Messenger. Here are some contact channels:

Telephone: +357 250 80 880

Email: support@oneroyal.com

Or you can also fill up the contact form on this broker's website, and then wait to be connected. You can also follow this broker on social networks such as Twitter, Facebook, Instagram, YouTube and LinkedIn.

Company address: 152 Franklin Roosevelt Avenue, Limassol, 3045, Cyprus.

Pros & Cons

Pros	Cons
• CYSEC-regulated	• ASIC license is exceeded
• Wide selection of trading accounts	• Not accepting countries from some countries
• Low initial deposit ($50)
• Demo account & Islamic account available
• MT4 trading platform (Web, Desk, Mobile)
• Rich research tools
• Various payment methods available

Frequently Asked Questions (FAQs)

Q 1:	Is OneRoyal regulated？
A 1:	Yes. OneRoyal is authorized and regulated by the Cyprus Securities and Exchange Commission (CYSEC) under regulatory license number: 312/16.

Q 2:	At OneRoyal, are there any regional restrictions for traders？
A 2:	Yes.

Q 3:	Does OneRoyal offer demo accounts？
A 3:	Yes.

Q 4:	Does OneRoyal offer the industry-standard MT4 & MT5？
A 4:	Yes. OneRoyal provides the industry-leading MT4 trading platform.

Q 5:	What is the minimum deposit for OneRoyal？
A 5:	The minimum initial deposit to open an account is $50.

Q 6:	Is OneRoyal a good broker for beginners？
A 6:	Yes. OneRoyal is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 platform. Also, it offers demo accounts that allow traders to practice trading without risking any real money.