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Royal

Suspicious Clone
Australia
,
Since 2006
Last Updated:
62/100
Overall Score

Trading Conditions

Min Deposit:
USD50
Max Leverage:
500
Account Types
Standard Account

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

8 methods

Visa

credit card
Instant
Fee:
Free
Fee:
Free

Mastercard

credit card
Instant
Fee:
Free
Fee:
Free

Bank Wire Transfer

bank transfer
5 days
Fee:
Free
Fee:
Free

Skrill

e wallet
5 days
Fee:
Free
Fee:
Free

Neteller

e wallet
5 days
Fee:
Free
Fee:
Free

FasaPay

e wallet
5 days
Fee:
Free
Fee:
Free

Perfect Money

e wallet
5 days
Fee:
Free
Fee:
Free

POLi

e wallet
5 days
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 50%, 2: License 72%, 3: Software 0%, 4: Spread 0%, 5: Account Type 0%, 6: Symbol 0%
Regulation
50%Fair
License
72%Good
Software
0%Poor
Spread
0%Poor
Account Type
0%Poor
Symbol
0%Poor

Company Information

Full Name:Royal Financial Trading Pty Ltd.
Founded:2006
Headquarters:Australia
Enterprise Offices:N/A

Customer Support

Phone:
Live Chat:
Not Available
Response Time:
Languages:
English
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Broker Summary

Summary of the broker

Royal Forex Ltd. offers Forex Brokerage services worldwide and the Middle East, Emerging Markets and Australia. In a changing market environment, Royal provides traders with trading opportunities that are competitively priced, and technology which is easy to access and use. Following the loss of its CySEC regulatory licence in March 2025, Royal Forex is continuing business as usual in countries where regulatory authorities remain.

Founded in 2008, Royal Forex Ltd. is owned by Royal Trading Group, with the main headquarters are in Lebanon, Royal Forex SAL, and numerous subsidiaries located in Cyprus, Australia, Vanuatu and St Vincent and the Grenadines.

After opening its Cyprus office in 2015, Royal Forex began expanding globally. In 2015, Royal Forex opened an Australian branch.

In March of 2025, the Cyprus Securities and Exchange Commission (CySEC) revoked Royal Forex's forex license, with the effect of limiting Royal Forex's ability to operate in the EU/EEA. Despite this, Royal Forex is still allowed to remain active in many other areas of the world.

Royal Forex Ltd. has many differences and features that make it unique:

STP (Standard Trading Platform) and ECN (Electronic Communication Network) Trading Accounts

About Royal Forex Ltd.

Account Types: Royal Forex offers three distinct account types to accommodate all traders. These types include a Standard Account (whereby the trader pays for investment and earns interest in a capital account), an ECN Account where the trader pays minimal commissions, and an Islamic Account that allows for contracts between Muslim traders without the need to make a payment in "Riba", or interest.

Platform Types: Royal Forex is one of the few brokers to offer access to MetaTrader 4 (MT4) both on desktops and mobile devices, as well as providing access to a proprietary web-based platform.

Instruments Offered: The primary instruments offered by Royal Forex are Forex currency pairs (Major, Minor and Exotic), CFDs (contracts for difference), i.e. Indices, Commodities, Stocks and Cryptocurrencies, and Gold and Silver (Precious Metals). Other benefits offered by Royal Forex include: Micro Lot Trading (0.01 Lot), Instant Execution of Orders, Negative Balance Protection, and Comprehensive Free Educational Resources.

Regulatory and Compliance Details as of December 2025 include:

CySEC – Royal Forex Ltd. has had its licence revoked since March 11, 2025.

Active Licences: ASIC (Royal Financial Trading Pty Ltd.), CMA (Royal Financials SAL), VFSC (Royal CM Limited), FSA (Royal ETP LLC)

Trading Conditions:

Spreads: Spreads for Forex EUR/USD: 0.2 Pips (ECN); 1.0 Pips (Standard)

Forex Leverage: 1:500 in Australia; 1:50 in Vanuatu; 1:30 in Lebanon

Minimum Deposit Required: $100 for a Standard Account; $500 for an ECN Account.

Commissions per Lot for ECN: $3.50

Spreads for Indices and Commodities: 0.6 Pips for Indices; 1-2 Pips for Commodities.

Commissions on Crypto Currency: 0.8% for BTC/ETH/XRP/USDT

Cost of Deposit: $0, ($500+ Cover for all intermediary fees between banks.)

Withdrawal Fees: $0-$30 (Depending on your method, ~30 for Wire Transfer, etc.)

Inactivity Fees: None

Commission per Lot for ECN Accounts: $3.50 per Lot per transaction.

No Additional Maintenance or Platform Fees.

User Experience and Reputation:

Feedback for Royal Forex is mostly positive. Positive comments include competitive pricing, user-friendly platforms, negative balance protection, and educational resources for every type of trader. Concerns include withdrawal delays and a lower level of confidence in Royal Forex due to the CySEC revocation. Overall average rating ~3.8 / 5 from multiple review sites.

Recent Developments:

Royal Forex Ltd has recently completed a major organisational change from primarily European operations, to a more strategically focused approach toward operating in Asia, the Middle East and Australia.

Royal has recently increased its focus on Mobile Trading Services and Education Tools.

Royal has improved its existing account types and continues to enhance its offerings through the development and enhancement of the Mobile Trading App and education tools scheduled to be released during 2024-2025.

Conclusion: Overall: Royal Forex is a long-established broker and continues to be a leader in areas outside of Europe. Royal Forex has a strong combination of Regulatory, Account Type, MT4, and Trading Cost offerings. Retail traders that do business in active Regulatory jurisdictions can benefit most from the services offered by Royal Forex. Potential clients should consider that Royal has lost its EU Financial Regulatory License, and should be aware of any associated charges incurred for withdrawals when considering Royal Forex as their broker.

Regulatory Licenses

Compliance & oversight

2 licenses
Australia
ASICTier 1
Australia
License Details
Type:Institution Forex License
Status:Regulated
Validity
Effective:N/A
Expires:N/A
Cyprus
CySECTier 2
Cyprus
License Details
Type:Straight Through Processing(STP)
Status:Regulated
Validity
Effective:N/A
Expires:N/A
1
Tier 1
2
Countries
0
Offshore

Account Types

Trading account options

No Account Types

Account type information is not available for this broker yet.

Funding Methods

Deposit & withdrawal options

13 methods
Visa
Credit CardInstant
Deposit
Fee:Free
Min:USD 50
Max:N/A
Withdrawal
Fee:Free
Min:USD 50
Max:N/A
Withdrawals only up to the original deposit amount; third-party charges may apply
Mastercard
Credit CardInstant
Deposit
Fee:Free
Min:USD 50
Max:N/A
Withdrawal
Fee:Free
Min:USD 50
Max:N/A
Withdrawals only up to the original deposit amount; third-party charges may apply
Bank Wire Transfer
Bank Transfer5 min
Deposit
Fee:Free
Min:USD 50
Max:N/A
Withdrawal
Fee:Free
Min:USD 50
Max:N/A
Withdrawals exceeding original deposit amount must be made via bank wire; covers up to $30 intermediary fees on deposits/withdrawals over $500
Skrill
E-Wallet5 min
Deposit
Fee:Free
Min:USD 50
Max:N/A
Withdrawal
Fee:Free
Min:USD 50
Max:N/A
Third-party charges may apply
9
Free Deposit
13
Instant
4
Crypto

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with Royal: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark Royal at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for Royal

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

1 site
🌐
https://royal-foex.hk/index.html
Unknown
Active
SSL
0
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

2 platform

Comments

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