Is OneRoyal the Right Broker for You?

OneRoyal is an Australian-based company with a history spanning 10-15 years, offering trading services in the financial sector. They operate in multiple locations, including offices in Florida, U.S.A., Sydney, Australia, and Kingstown, St. Vincent & the Grenadines. The company is regulated by ASIC, CYSEC, and VFSC, instilling confidence in its compliance with industry standards. OneRoyal provides a range of tradable assets, encompassing FX Majors, FX Minors, Metals, Indices, Oil, Cryptocurrencies, Shares, and ETFs.

Is OneRoyal legit?

OneRoyal is subject to regulation by three reputable financial regulatory authorities: ASIC, CYSEC, and VFSC. These regulatory bodies oversee and monitor the company's operations to ensure compliance with established industry standards and guidelines.

Market Instruments

OneRoyal provides access to a variety of market instruments, each falling into distinct categories:

Forex: This category allows traders to engage in the trading of major currency pairs, encompassing some of the most actively traded currencies in the foreign exchange market.

Metals: Traders interested in precious metals can access this category, which includes the 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 diverse range of global indices.

Oil: In this category, traders can participate in the energy commodities market, including trading opportunities related to oil.

Cryptocurrencies: OneRoyal provides access to the world of digital assets, allowing clients to trade various cryptocurrencies.

Shares: For traders seeking to diversify their portfolios, OneRoyal offers the opportunity to trade individual company shares.

ETFs: OneRoyal also includes Exchange-Traded Funds (ETFs) in its offerings, allowing traders to invest in diversified portfolios of assets.

Account Types

OneRoyal offers four distinct account types tailored to different trading styles and preferences -Classic, ECN, VIP, and ECN Elite.

1. The Classic account, with a $50 minimum deposit, features spreads as low as 1.4 pips and no commission.

2. The ECN account, also starting at $50, provides raw spreads from 0.0 pips with a $7 commission per 100k round turn. For high-volume traders.

3. The VIP account requires a $10,000 minimum deposit and offers spreads from 0.4 pips.

4. The ECN Elite account, also with a $10,000 minimum, combines 0.0 pip spreads with a reduced commission of $3.50 per 100k round turn.

Trading Platform

Traders can choose from three platforms: MetaTrader 4, MetaTrader 5, and MT4 Accelerator.

Trading Tools

OneRoyal offers a comprehensive suite of trading tools. At the core are AI-powered tools including Signlx, Assets IQ, Action News, The Calendar, Market Scanner, and Daily Intel, which provide data-driven insights and personalized recommendations based on vast amounts of market data and news. The MT4 Accelerator and VPS Hosting services ensure smooth and uninterrupted trading experiences. For practical analysis, the broker provides a set of Forex Calculators including Currency Convertor, Margin Calculator, Pip Calculator, and Profit Calculator. These tools collectively streamline the trading workflow, offering intuitive features and automated functionalities for both novice and experienced traders.

Deposit & Withdrawal

OneRoyal offers 14 deposit options to cater to its global clientele. With a minimum deposit of $50, traders can easily fund their accounts using any of the 14 payment providers supported by the broker.

Educational Resources

OneRoyal offers a variety of educational content types, including YouTube videos available at the provided link, an informative talk show, a Knowledge Hub, webinars, and a Demo Account, to support traders in gaining knowledge and experience in the financial markets.

Customer Support

OneRoyal offers multiple customer support options, including WhatsApp, Facebook Messenger, live chat, multiple phone numbers, and email communication to ensure clients have various channels for assistance and inquiries.

Phone: OneRoyal offers several English-speaking phone numbers for clients 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 (St. Vincent & Grenadine)

• +234 09035755510 (Nigeria)

Email: Clients can send inquiries and requests to the company's designated email address: support@oneroyal.com.

Conclusion

Overall, OneRoyal casts a wide net, aiming to be a 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 in account types, leverage options, and popular platforms like MT4/MT5 to hone their strategies. Seasoned veterans are enticed by competitive spreads and the powerful MetaFX tool for managing multiple accounts. While social media integration might not suit everyone, and the effectiveness of specific educational resources would require further evaluation, OneRoyal appears well-suited for most traders who prioritize a regulated broker with a focus on transparency and client support.