What Is OneRoyal?

OneRoyal Is An Australian Based Company With A History Dating Back 10-15 Years Providing Trading Services To The Financial Industry. They Operate From Multiple Locations Including Offices In Florida, USA, Sydney, Australia And Kingstown, Saint Vincent And The Grenadines. The Company Is Regulated By ASIC, CYSEC And VFSC, Making It Compliant With Industry Standards. OneRoyal Offers A Wide Range Of Tradable Assets Including Forex Major Currency Pairs, Forex Minor Currency Pairs, Metals, Indices, Oils, Cryptocurrencies, Stocks And ETFs.

They Offer Different Types Of Accounts With Different Minimum Deposit Requirements And Associated Commission And Spread Rates. Traders Can Access Their Services Through Popular Trading Platforms Such As MT4, MT5, Webtrader And Multi-end Point, As Well As Multiple Customer Support Channels Such As WhatsApp, Facebook Messenger, Live Chat And Phone. In Addition, OneRoyal Helps Traders Through Educational Resources Such As YouTube, Roy And AL Show, Knowledge Hub And Webinars.

Is OneRoyal Legitimate?

OneRoyal Is Regulated By Three Well-known Financial Regulators: ASIC, CYSEC And VFSC. These Regulators Oversee And Monitor The Company's Operations To Ensure It Complies With Established Industry Standards And Guidelines.

OneRoyal Holds An Institutional Foreign Exchange License Issued By The Australian Securities And Investments Commission (ASIC). The License Number 420268 Authorizes OneRoyal To Conduct Business In The Financial Sector. The Institutional Foreign Exchange License Allows The Company To Conduct Financial Activities Within Prescribed Regulatory Compliance.

Pros And Cons

Pros: Operating Under A Strong Regulatory Framework, Low Minimum Deposit (50 Dollars), Advanced Trading Tools (AI-driven), Social Trading Features (HokoCloud), Multiple Account Types For Different Traders, High Leverage (up To 1:1000), Convenient Payment Methods, Support For Multiple Base Currencies

Cons: Higher Minimum Deposit Accounts For VIP And ECN Elite, Currency Exchange Fees (up To 3%), Potential Surcharge Handling Fees For International Transfers

Market Tools

OneRoyal Offers A Variety Of Market Tools, Each In A Different Category:

Forex: This Category Allows Traders Participate In The Trading Of Major Currency Pairs, Covering Some Of The Currencies That Are Actively Traded In The Forex Market. OneRoyal Also Offers A Selection Of Minor Currency Pairs, Giving Traders The Opportunity To Trade With Fewer Well-known Currencies, Thus Expanding The Range Of Forex Options Available To Traders.

Precious Metals: For Traders Interested In Precious Metals, Access To This Category, Which Includes Trading Of Commodities Such As Gold And Silver.

Indices: OneRoyal Extends Its Offerings To Stock Market Indices, Enabling Traders To Explore And Invest In A Variety Of Global Indices.

Crude Oil: In This Category, Traders Can Participate In The Energy Commodities Market, Including Oil-related Trading Opportunities.

Cryptocurrency: OneRoyal Offers Access To The World Of Digital Assets, Allowing Clients To Trade A Variety Of Cryptocurrencies.

Stocks: For Traders Looking To Diversify Their Portfolios, OneRoyal Offers The Opportunity To Trade Stocks Of Individual Companies.

ETFs: Exchange-traded Funds (ETFs) Are Also Included In OneRoyal's Offering, Allowing Traders To Invest In A Diverse Portfolio Of Assets.

Account Types

OneRoyal Offers Four Different Account Types To Cater For Different Trading Styles And Preferences: Classic Account, ECN Account, VIP Account And ECN Elite Account. Classic Account Has A Minimum Deposit Amount Of $50 With Spreads As Low As 1.4 Pips And No Commission. ECN Account Also Starts At $50 And Offers A Raw Spread Of 0.0 Pips With A Commission Of $7 Per 100k Rotation. For High Volume Traders, VIP Account Requires A Minimum Deposit Amount Of $10,000 With A Spread Of 0.4 Pips. ECN Elite Account Also Requires A Minimum Deposit Amount Of $10,000 Combined With A Spread Of 0.0 Pips And A Commission Reduced To $3.50 Per 100k Rotation. All Accounts Offer High Leverage Up To 1:1000 With A Minimum Trading Lot Size Of 0.01 And Access To The MT4/MT5 Platform, WebTrader And Multi-end Points. Accounts Are Available In USD, EUR, GBP And PLN To Cater To A Diverse Range Of International Client Needs.

Demo Account

OneRoyal Offers Traders A Valuable Option, The Demo Account, A Tool Designed To Provide Individuals With A Risk-free Environment, Familiarity With The Trading Platform And Hone Their Trading Skills. The Demo Account Is Operated With Virtual Funds, Allowing Users To Make Demo Trades Without Risking The Use Of Actual Capital. Traders Can Experience Real-time Market Conditions In This Virtual Environment And Practice Various Trading Strategies. It Is A Valuable Resource For Both Novice And Experienced Traders. Two Significant Benefits Of Utilizing A Demo Account Are Risk Mitigation And Skill Development.

Leverage

OneRoyal Offers Leverage In The Form Of Dynamic And Static Leverage. It Is Necessary To Note The Difference Between Dynamic And Static Leverage. Dynamic Leverage Is Applicable To Markets Such As Forex Major Currency Pairs, Forex Minor Currency Pairs, Precious Metals, Indices, And Crude Oil, And May Vary Depending On Market Conditions And Volatility. Traders May Experience Leverage Fluctuations When Market Dynamics Change. On The Other Hand, Static Leverage Is Applicable To Cryptocurrencies, Stocks, And Exchange Traded Funds (ETFs), And Typically Has A Fixed Leverage Ratio. These Ratios Remain Constant Under Market Conditions.

OneRoyal Offers A Range Of Leverage Options, Depending On The Category Of Market Instrument Being Traded. For Dynamic Leverage, Traders Can Get Up To 1:1000 Leverage When Trading Forex Major Currency Pairs, And Up To 1:500 When Trading Forex Minor Currency Pairs And Precious Metals. For Indices, The Maximum Leverage Is 1:200, While For Crude Oil, The Maximum Leverage Is 1:50.

Spreads And Commissions

OneRoyal Caters To Different Trading Styles Through Its Account Structure. Classic Accounts Offer Commission-free Trading, But With Larger Spreads, Starting At 1.4 Pips. ECN And VIP Accounts Offer Lower Spreads, Starting At $50 And $10,000 Respectively. These ECN-based Accounts Require A Commission, With ECN Accounts Charging $7 Commission For Every $100,000 Round-trip Trade And VIP Accounts Charging $3.50 Commission. The Final Choice Depends On Your Trading Frequency. If You Make Fewer Trades, An Account With A Commission-free But Large Spread May Be A Better Fit. However, Accounts With Active Traders Seeking Lower Spreads May Find The Commission Costs Of ECN And VIP Accounts Worthwhile.

Promotions

OneRoyal Offers An Attractive 100% Deposit Bonus Promotion On Both Classic And ECN Accounts On The MT4 And MT5 Platforms. The Bonus Applies To The Initial Deposit In The Account's Base Currency, With Deposits Ranging From 100 To 5,000, With A Maximum Bonus Cap Of 5,000. The Promotion Has Dynamic Leverage And A Clearing Level Of Equity Equivalent To The Credit Granted. To Take Advantage Of This Offer, Investors Must Opt-in During The Promotion Period, Which Runs From January 2 To December 31, 2024.

Trading Platforms

For Traders, There Are Three Platform Options: MetaTrader 4, MetaTrader 5, MT4 Accelerator

Deposits And Withdrawals

OneRoyal Offers 14 Deposit Options To Its Clients Worldwide. Traders Can Easily Fund Their Accounts Using One Of The 14 Payment Providers Supported By The Broker With A Minimum Deposit Amount Of 50 Dollars. What's More, OneRoyal Also Supports 11 Base Currencies, Enabling Traders To Operate In Their Preferred Currency And Avoid Unnecessary Exchange Fees. It Is Worth Noting That International Transfers May Incur Additional Processing Fees, Including Intermediary Banking Fees, Which Are Separate From OneRoyal's Processing Fees And Are The Responsibility Of The Customer. In Addition, Transferring Funds To Accounts With Different Base Currencies Also Incur A Fee Of Up To 3%, In Addition To The Standard Transaction Processing Fee.

Customer Support

OneRoyal Offers Multiple Customer Support Options, Including WhatsApp, Facebook Messenger, Live Chat, Multiple Phone Numbers And Email Communication, To Ensure Customers Have Multiple Channels For Assistance And Advice.

WhatsApp: Customers Can Get In Touch With OneRoyal's Customer Support Team Via WhatsApp Using Number 19545526898.

Facebook Messenger: For Inquiries And Assistance, Customers Can Get In Touch With OneRoyal Via Facebook Messenger Via The Official Page OneRoyalOfficial.

Online Chat: OneRoyal Offers A Live Chat Function On Its Website To Provide Customers With Real-time Assistance Directly On The Platform To Answer Questions Related To Transactions.

Tel: OneRoyal Offers Multiple English Service Numbers For Customers To Contact The Customer Support Team:

+ 61 2 8284 5100 (Australia)

+ 357 25 080 880 (Cyprus)

+ 961 1 975 275 (Lebanon)

+ 1 888 705 9006 (USA/Vanuatu)

+ 1 844 885 3159 (Saint Vincent And The Grenadines)

+ 234 09035755510 (Nigeria)

Email: Customers Can Send Inquiries And Requests To The Company Designated Email Address Of: Support@oneroyal.com.

Conclusion

Overall, OneRoyal Has Extensive Coverage And Is Designed To Be A Safe Haven For Traders Of All Experience Levels. Beginners Can Benefit From Demo Accounts, Educational Resources, And A Potentially Helpful Social Media Community. Intermediate Traders Will Find Flexibility On Account Types, Leverage Options, And Popular Platforms Such As MT4/MT5 To Hone Their Strategies. Experienced Veterans Are Attracted To Competitive Spreads And Powerful MetaFX Tools For Managing Multiple Trading Accounts. While Social Media Integration May Not Be For Everyone, And The Effectiveness Of Specific Educational Resources Needs To Be Further Evaluated, OneRoyal Seems To Be A Great Fit For Most Traders Who Are On Regulated Brokers With A Focus On Transparency And Customer Support.