Royal Financial Trading offers its clients commodities, stocks, bonds as well as CFDs on indices, ETFs, futures, and options for trading. Established in 2006, Royal Financial Trading operates in different countries of the world.
- Start year:2006
- Country of origin:Australia
- Payment options:credit cards Visa/Mastercard, bank transfers, electronic payment systems Neteller, China Union Pay, Skrill, POLi, paper check
- Minimum account size:$50
- Minimum lot size:0.01 lots
- Leverage:up to 1:400
- Spreads:from 0.6 pips
The brand is managed by Royal Financial Trading Pty Ltd, licensed and regulated in Australia. The broker is licensed by ASIC.
It is noteworthy that today Australia and Cyprus are among the most popular forex hubs in the world.
To get an ASIC license, the company must follow additional rules: it has to possess assets of at least $1 million, keep customer funds in segregated accounts, and report on financial transactions regularly. ASIC does not include any compensation scheme.
Standard account is suitable for beginners with the initial deposit from $50 and minimum deal size from 0.01 lots. Spreads are floating and start from 1 pips.
These are good conditions for those who do not have or do not want to invest a lot of funds, or for those who do not have enough experience in trading.
Pro account is suitable for professionals, providing direct access to the highly liquid forex market for a reasonable commission fee.
For this type of account, the spreads are as low as 0.1 pips on EUR/USD. Given the commission applicable to this account type ($7 per standard lot round trip), the average trading costs for the EUR/USD pair are around 1.0 pips. These spreads are considered competitive.
Of course, a free demo account is also available and is mostly used by newcomers. Besides, Royal Financial Trading offers Multi Account Manager Solutions (MAM accounts).
Clients have free access to technical analysis, articles about Forex, and economic calendar. All these services help traders to conduct trading, relying on current news and economic data.
Royal Financial Trading has such affiliate programs as White Label and Introducing Broker which ensure additional earnings. The broker, in its turn, advises the partners and offers them constant support. Partners can participate in programs even if they are not traders.
With this broker, investors can trade through the most popular MetaTrader 4 (MT4) platform. It is available as a desktop version and mobile trading app.
The most popular trading platform in the world offers various tools for analysis. More than 750 brokers and banks use MT4 to serve their customers. MT4 is still more popular than its successor MT5. And it seems in the near future it will retain the leadership.
ROYAL has partnered with two of the most trusted VPS service providers (ForexVPS & BeeksFX). Thanks to this, traders can use VPS hosting for an additional fee to increase the data transfer speed by many times. Besides, one will not be afraid of interruptions in the Internet provider work and will continue trading.
ROYAL cooperates with the following social trading platforms, allowing users to communicate, copy transactions and monitor trading of other traders: Myfxbook and Forex Signals.
The broker offers its clients a Refer a Friend Campaign. The investor, who will bring a new client to the company, will be able to earn $5-150. Accordingly, the more people you invite, the more you earn. The tool for counting new traders is a referral link. You do not need to trade on your own, you will still earn on this program.
Royal Financial Trading offers its clients the following payment options: via credit/debit card, bank transfer, paper checks, and e-wallets POLi, China UnionPay, Neteller, and Skrill.
To withdraw your funds, you can use the same methods, except for checks and China UnionPay.
Accepted currencies: AUD, USD, EUR, GBP, SGD, HKD, CAD, and NZD.
The main office is located in Sydney, Australia. The support is provided by team of managers who advice by telephone, e-mail, and live chat. Besides, a specialist can call you back on the request left.