A Trusted Forex Broker

OneRoyal has built a solid reputation in the trading industry over the last several years since 2006. Let's take a closer look at this broker that has earned an impressive 4.4-star TrustPilot rating from more than 190 traders.

This broker stands out especially when you have a resilient regulatory framework. OneRoyal's operations are overseen by multiple licenses from ASIC, CySEC, VFSC, and FSA. Traders will appreciate the competitive spreads that start from 0.4 pips and a modest $50 minimum deposit. These features make it appealing to both newcomers and experienced traders.

We examined everything from their trading platforms to their security measures. This review will help you decide if OneRoyal is the right fit to start your trading trip.

What Makes OneRoyal Different from Other Brokers

Success in the forex trading world requires more than simple offerings. OneRoyal's operations caught my attention with their multi-jurisdictional approach. The broker holds licenses from four major regulatory bodies - ASIC, CySEC, VFSC, and FSA, which creates a resilient framework to protect traders.

Multi-License Structure Explained

OneRoyal's regulatory structure extends across multiple continents, showing their steadfast dedication to global compliance. Royal Financial Trading Pty Ltd serves Australian traders under ASIC license #420268. Their Cyprus operations work under CySEC oversight with license #312/16 and provide Straight Through Processing services. International traders get additional regulatory coverage through VFSC's Retail Forex License.

This multi-license strategy creates several benefits. OneRoyal can offer different leverage options up to 1:1000 in specific jurisdictions. The broker also provides negative balance protection and takes part in investor compensation schemes to add extra security for traders' funds.

The broker's account structure matches these regulatory frameworks with four options: Classic, ECN, VIP, and ECN Elite. Each account comes with features that suit different trading styles and skill levels. Traders can begin with just a $50 minimum deposit, which makes the platform great for newcomers while offering advanced tools for seasoned traders.

Award History Since 2006

OneRoyal has earned consistent recognition in the financial industry since 2006. The broker received honors as one of the Top 100 Trusted Financial Institutions at the 2024 Middle East Financial Markets Awards. This achievement highlights their position in the competitive forex market.

A safety score of 9.9/10 reflects OneRoyal's strong focus on security and compliance. Their trading platforms give traders access to over 45 forex currency pairs, indices, commodities, and precious metals. They've also integrated modern solutions like HokoCloud for social trading to meet evolving trader needs.

OneRoyal's customer support system works through multiple channels - WhatsApp, Facebook Messenger, live chat, and dedicated phone lines. This detailed approach to client service has helped build their positive reputation among traders.

The broker provides many payment options for deposits and withdrawals. These include standard methods like bank transfers and credit cards, plus modern options such as Bitcoin, Ethereum, and various e-wallets. This variety helps traders from different regions based on their priorities.

OneRoyal offers a 100% deposit bonus promotion for Classic and ECN accounts on both MT4 and MT5 platforms. Bonuses range from 100 to 5,000 in base currency. The broker focuses on eco-friendly trading practices rather than unsustainable promotional offers.

Real User Experience with OneRoyal Trading

My hands-on experience with OneRoyal shows a trading platform that excels in speed and precision. After testing their services, I found several features that make a trader's life easier.

Account Opening Process

OneRoyal's registration follows a simple five-step process. Traders need to visit their official website and click the 'Sign Up' button. The next steps involve filling personal details, completing a profile, verifying email, and submitting identity and address documents. The verification wraps up within 1-2 business days.

My evaluation revealed different minimum deposit requirements for various account types. Classic and ECN accounts need $50 to start, while VIP and ECN Elite accounts require $10,000. The platform accepts payments through credit cards, bank transfers, and several e-wallets.

First Trade Experience

The trading environment greets users with a well-laid-out platform that offers access to more than 45 forex currency pairs. ECN accounts feature raw spreads and a commission-based pricing structure that makes trading costs transparent.

OneRoyal delivers steady execution speeds, even during major news events. Many traders back this up, with one long-term user reporting zero requotes during volatile market conditions.

The platform's customer service stands out. New traders get a personal welcome, and dedicated account managers provide direct help when needed. This individual-specific approach really helps boost the original trading experience, especially for newcomers.

Withdrawal Speed Test Results

My detailed testing of OneRoyal's withdrawal system revealed some great features. They don't charge withdrawal fees, though third-party charges might apply based on your payment method. This clear fee structure sets them apart from competitors.

The withdrawal process supports various methods:

Bank Wire Transfer
Credit/Debit Cards (Visa, Mastercard)
E-wallets (Skrill, Neteller)
Cryptocurrency options (Bitcoin, Ethereum, Ripple)

Traders often praise OneRoyal's withdrawal system's efficiency. Many report smooth handling of deposits and withdrawals. The platform processes funds systematically and quickly.

OneRoyal takes security seriously with their withdrawal verification procedures. They check each transaction carefully while keeping the process quick. Based on user data, successful withdrawals happen within normal banking timeframes, striking a good balance between safety and speed.

The platform shines in making funds accessible. Their multi-currency support lets traders keep accounts in different base currencies, which makes market transactions smoother. The integration with multiple payment processors ensures reliable transfers whatever your location.

Platform Performance and Tools

Trading platforms are the foundations of any broker's offering. OneRoyal's use of MetaTrader platforms shows their dedication to performance. My tests of both MT4 and MT5 platforms revealed unique advantages that suit different trading styles.

MT4 vs MT5 Speed Test

MT5 shows better processing capabilities than MT4, especially when handling complex backtests. MT5 completes extensive backtest projects in just hours, while MT4 needs hundreds of hours.

MT5's improved features include:

Support for 38 built-in technical indicators and 44 graphical objects
Access to 21 timeframes to analyze markets in detail
Better order management with six types of pending orders

MT4 shines in forex-specific trading with its robust 129-bit key encryption system that protects data exchange between servers and client terminals. The platform gives immediate forex trading insights, making it perfect for traders who focus only on currency markets.

Copy Trading Success Rate

OneRoyal uses HokoCloud for copy trading services so traders can automatically copy successful strategies. Industry analysis shows copy trading success rates usually range from 40% to 70%. These rates change based on several factors:

Market conditions and volatility
Strategy complexity
Risk management implementation
Economic events' effects

The platform suggests broadening copied traders and using proper risk management protocols to get the best results. Traders can watch performance metrics and adjust their copying settings as needed.

Mobile App Features

OneRoyal's mobile trading solution delivers advanced functions through MT4 and MT5 mobile apps. The mobile platform comes with:

Advanced charting capabilities
Immediate market quotes
Historical data access
Detailed trading tools

The user-friendly mobile interface makes navigation and trade execution smooth. The app keeps core functions working well for trading on the go, even though smaller screens limit detailed technical analysis.

Trading Central integration adds more value by offering professional market insights and analytics right through the platform. This feature helps traders who need expert analysis while mobile.

The platform's educational resources work well with its technical features. You'll find detailed video series, webinars, and market analysis tools. These resources are a great way to get better at trading while staying mobile.

Both MT4 and MT5 mobile versions work reliably on iOS and Android devices. The mobile solution supports multiple order types and full account management, so you retain control over your positions whatever your location.

OneRoyal Trading Costs Breakdown

My analysis of OneRoyal's fee structure shows their pricing model pairs competitive spreads with clear cost disclosures. The broker's steadfast dedication to clear pricing shines through their account types. Each type fits specific trading needs.

Spread Comparison with Top 5 Brokers

OneRoyal's ECN accounts show strong spread metrics with rates starting from 0.0 pips. The broker stays competitive with industry leaders:

EUR/USD average spread of 0.1 pips on ECN accounts
GBP/USD average spread of 0.1 pips, a match for top competitors
Commission rate of $3.50 per lot on ECN accounts

Standard accounts start their spreads from:

EUR/USD: 1.0 pips minimum, 1.4 pips maximum
GBP/USD: 1.0 pips minimum, 1.5 pips maximum

The EUR/USD currency pair shows remarkable results with an average spread of just 0.2 pip. This beats the industry average of 1.2 pips. The broker's ECN Elite accounts keep spreads low across major currency pairs.

Hidden Fee Analysis

OneRoyal stands out by cutting out common hidden charges. My review shows several ways traders save money:

The broker charges no fees for:

Account maintenance
Inactivity periods
Standard deposits
Simple withdrawals

All the same, traders should know that third-party fees might apply based on:

Payment method selection
Country of registration
Financial institution policies

OneRoyal's account structure has these deposit requirements:

Classic and ECN accounts: $50 minimum
VIP and ECN Elite accounts: $10,000 minimum

A full analysis shows OneRoyal's trading costs score 7/10 overall. The platform sets itself apart with floating spreads that adjust to market conditions. This offers flexibility while staying transparent.

Trading costs for one standard lot of EUR/USD on ECN/RAW accounts come to about $4.50. This includes both spread and commission. OneRoyal stays competitive in the market, though costs may change with market conditions and account types.

The broker boosts its cost structure through special features like HokoCloud copy trading and PAMM accounts. These services are a great way to get professional trading strategies without extra platform fees. Standard trading costs still apply.

Safety of Funds at OneRoyal

Financial security is the life-blood of any reputable broker's operations. Our research into OneRoyal's protective measures shows a multi-layered approach that safeguards trader funds.

Regulatory Protection Level

OneRoyal operates under the oversight of several prominent financial authorities. Royal Financial Trading (Cy) Ltd has a CySEC license number 312/16 and offers investment services through their European entity. Royal Financial Trading Pty Ltd also holds an Australian Financial Services License (AFSL 420268) under ASIC regulation.

The broker goes beyond simple regulatory requirements. They keep client funds strictly separate from company operational accounts. This separation creates a clear line between trader deposits and corporate finances, which safeguards against potential financial issues.

OneRoyal uses advanced encryption technology to protect data and financial transactions. Their regulatory framework spans multiple jurisdictions, and each license carries specific protective measures:

ASIC (Australia) - Strict capital requirements and regular audits
CySEC (Cyprus) - EU-standard investor protection protocols
VFSC (Vanuatu) - International trading standards compliance

Insurance Coverage Details

The broker's insurance framework has multiple protective layers. The segregated account structure serves as the first line of defense by keeping client funds separate from company assets. Trader deposits stay safe even if financial instability occurs.

European traders get extra protection through the Investor Compensation Fund under CySEC regulation. This coverage adds another security layer that lines up with EU financial safeguards.

ASIC oversight makes sure wholesale clients in Australia comply with strict financial standards. The regulatory framework requires regular financial audits and maintains strict capital adequacy requirements to strengthen the broker's stability.

OneRoyal's security measures also cover payment processing. Oneroyal Support Ltd, incorporated in Cyprus under registration number HE 436988, handles all payment operations. This dedicated payment structure creates an additional layer of financial oversight and security.

The broker maintains clear policies about regional restrictions. OneRoyal does not offer services to residents of EU countries, the United States, North Korea, or jurisdictions in their sanctions policy. This selective approach shows their steadfast dedication to regulatory compliance and risk management.

The broker's reliable security infrastructure has earned them an impressive safety score of 9.9/10. This rating places them among the Top 100 Trusted Financial Institutions, as recognized in recent industry awards.

Conclusion

OneRoyal stands out with exceptional regulatory compliance and security measures based on my deep dive into their services. Their 9.9/10 safety score matches what I found about their multi-license structure and fund protection protocols.

This broker's competitive advantage shines through its diverse account options and trading conditions. Raw spreads begin at 0.0 pips on ECN accounts, and a modest $50 minimum deposit makes OneRoyal available to traders across experience levels.

The platform's stability and execution speed really impressed me during testing. MT4 and MT5 platforms work reliably, while HokoCloud copy trading integration creates extra value for traders who want automated solutions.

Since 2006, OneRoyal has built trust through quality service and regulatory compliance. Despite some regional restrictions, their detailed security measures and clear fee structure show their steadfast dedication to trader success.

FAQs

Q1. What regulatory licenses does OneRoyal hold? OneRoyal operates under multiple licenses, including ASIC (Australia), CySEC (Cyprus), VFSC (Vanuatu), and FSA. This multi-jurisdictional approach demonstrates their commitment to global compliance and trader protection.

Q2. What are the minimum deposit requirements for different account types at OneRoyal? OneRoyal offers various account types with different minimum deposit requirements. Classic and ECN accounts start at $50, while VIP and ECN Elite accounts require a minimum deposit of $10,000.

Q3. How competitive are OneRoyal's trading costs? OneRoyal offers competitive trading costs with spreads starting from 0.0 pips on ECN accounts. For standard accounts, spreads begin from 1.0 pips for major currency pairs. The broker maintains a transparent fee structure with no hidden charges for account maintenance or inactivity.

Q4. What trading platforms does OneRoyal offer? OneRoyal provides both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. MT5 shows superior performance in handling complex backtests, while MT4 excels in forex-specific trading. Both platforms are available as desktop and mobile applications.

Q5. How does OneRoyal ensure the safety of client funds? OneRoyal implements multiple layers of protection for client funds. This includes strict segregation of client funds from company accounts, advanced encryption technology, and compliance with regulatory requirements. Additionally, European traders benefit from the Investor Compensation Fund under CySEC regulation.

OneRoyal Forex Brokers Review and Ratings