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No Regulation
Score
1.41 /10
Danger
Royality FX
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
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Exposure
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Website
Score
Regulatory Index0.00
Business Index6.27
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
Previous Detection :
2024-12-24
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| Royality FX Review Summary | |
| Founded | 2-5 years |
| Registered Country/Region | United Kingdom |
| Regulation | Unregulated |
| Market Instruments | Commodities/Indices/Currencies/Stocks/Metal/Cryptocurrency |
| Demo Account | / |
| Leverage | Up to 1:500 |
| Spread | From 0.7 pips |
| Trading Platform | MT5(Windows/iOS/Mac/Android) |
| Min Deposit | 100 USD |
| Customer Support | Tel: +44 2080895166 |
| Email: contact@royalityforex.com | |
Royality FX Information
Royality FX is a broker-trade instrument that includes commodities, indices, currencies, stocks, metals, and cryptocurrency. The broker also provides three accounts with a maximum leverage of 1:500, including standard, ECN, and professional. The minimum spread is 0.7 and the minimum deposit is $100. Royality FX is still risky due to its unregulated status.
Pros and Cons
| Pros | Cons |
| Leverage up to 1:500 | Unregulated |
| 24/5 customer support | Inaccessible official website |
| MT5 available | |
| Spread from 0.7 pips | |
| Islamic account available | |
| Various tradable instruments |
Is Royality FX Legit?
Royality FX is not regulated, making it less safe than regulated brokers.
What Can I Trade on Royality FX?
Royality FX offers various market instruments, including commodities, indices, currencies, stocks, metal, cryptocurrency and many more.
| Tradable Instruments | Supported |
| Currencies | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Metal | ✔ |
| Cryptocurrency | ✔ |
Account Type
Royality FX has three account types: standard, ECN, and professional. Traders who want low spreads and low leverage can choose a professional account, while those with a small budget can open a standard account. In addition, Royality FX also provides Islamic accounts for traders.
| Account Type | Standard | ECN | Professional |
| Min Deposit | $1000 | $5000 | $25000 |
| Maximum Leverage | 1:500 | 1:300 | 1:100 |
| Minimum Lot Size | 0.01 | 0.01 | 0.01 |
| Spreads | 1.5 pips | 1.0 pips | 0.7 pips |
| Margin Call | 70% | 70% | 70% |
| Stop Out | 30% | 30% | 30% |
| Islamic Account | Yes | Yes | Yes |
Royality FX Fees
The spread is from 0.7 pips. The lower the spread, the faster the liquidity.
Leverage
The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.
Trading Platform
Royality FX cooperates with the authoritative MT5 trading platform available in Windows, iOS, Mac, and Android to trade. Traders with rich experience are more suitable for using MT5. MT5 not only provides various trading strategies but also implements EA systems.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Windows/iOS/Mac/Android | Experienced traders |
Deposit and Withdrawal
The minimum deposit is 100 USD. Royality FX accepts Payeer, Perfect Money, Bitcoin, Neteller, Visa, and MasterCard for deposit and withdrawal. Transfer processing takes 2-4 working days, and there are no associated fees.
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