What is Royal Trades?
Broker overviewRoyal Trades is an ECN / STP / Micro / Crypto / Demo forex broker founded in 2010 and based in United Kingdom. It offers forex currencies, crypto, commodities, indices, stocks on MetaTrader 5 for android, iOS, Webtrader and Status trader.
Royal Trades is regulated by Royal Trades has no regulations. Its listed office is 30 St. Mary Axe, London Great Britain, United Kingdom Postcode EC3A 8BF.
This review explains what you actually get: how safe the broker is, what trading costs look like, how deposits and withdrawals work, what the Royal Trades bonus offers, and who the broker suits best.
- ✓Regulated since 2010 by Royal Trades has no regulations, with segregated client funds.
- $Cost to start: €1000 minimum deposit and spreads from 0.8 pips.
- ⚡Flexible trading: leverage up to 1:1000, hedging, scalping and news trading allowed.
- %Bonus: 50% welcome bonus, no no-deposit bonus.
Our short verdict
Royal Trades stands out for its Royal Trades has no regulations licence, MT5, Web trading and flexible trading rules. The main thing to watch: higher €1000 minimum deposit.
More about Royal Trades
Royal Trades is an online trading broker that trades on Forex, Futures, Cryptocurrencies, Shares, and Raw materials. This broker is based on the MetaTrader4 platform. This has software for Apple and Android devices. Besides this, it is also available as a webtrader.
This broker has four types of live trading accounts to match their client's needs. All of these accounts come with a personal account manager and a 50% bonus. All these accounts have a different level of minimum deposit. All these accounts have different features. All the accounts are discussed below:-
- Standart Account:- This account requires a €1000 minimum deposit. Then spread in this account starts from 1.8 pips. The maximum leverage in this account is 1:1000.
- Gold Account:- €5000 is required to start this account. This account gets trading signals. The spread in this account starts from 1.6 pips. The maximum leverage in this account is 1:1000.
- Premium Account:- This account requires €10,000 minimum funding to start. This account is the most popular account by this broker. This account gets trading signals along with strategies and technical indicators. The spread in this account starts from 1.2 pips and the leverage is the same as in the previous two accounts.
- Platinum Account:- This account starts with a €25,000 minimum deposit. This account has the maximum leverage at 1:500. The spread in this account starts from 0.8 pips. This account comes with custom investment portfolios. This account gets trading signals along with strategies and technical indicators.
Royal Trades keeps transparency on the prices and charges. They respect their clients' privacy.
Is Royal Trades safe and regulated?
Royal Trades is supervised by 1 authority. Our listing shows these licences:
| Regulator | Region | What it means for you |
|---|---|---|
| Royal Trades has no regulations | — | Licence listed for this broker. |
Client money is held in segregated accounts, separate from the company's own funds. Before you sign up, check which Royal Trades company will hold your account, because protection levels can differ between regions.
Royal Trades account types and trading conditions
These are the main trading conditions listed for Royal Trades. It offers mini, VIP, managed accounts.
| Feature | Royal Trades |
|---|---|
| Minimum deposit | €1000 |
| Minimum spreads | 0.8 pips |
| Max leverage | 1:1000 |
| Execution | ECN / STP / Micro / Crypto / Demo |
| VIP accounts | Yes |
| Mini accounts | Yes |
| Swap-free (Islamic) | No |
| Managed accounts | Yes |
| Free demo account | Yes |
| Strategies allowed | Hedging, scalping, news trading |
Royal Trades trading platforms
Royal Trades supports MetaTrader 5 for android, iOS, Webtrader and Status trader. MetaTrader 5 adds more timeframes and better access to stocks and other non-forex markets.
Web and mobile trading
Web trading: Yes. Mobile trading: Yes. Markets available: Forex Currencies, Crypto, Commodities, Indices, Stocks. The website is available in English, Russian, Polish, German, Spanish, and Arabic.
Royal Trades deposit and withdrawal methods
Royal Trades accepts these deposit methods:
- Bank Transfers
- Credit card/ Debit card
Withdrawals use the same methods as deposits.
Accounts can be held in USD, EUR, GBP. Choosing the currency you deposit in avoids conversion fees. Your account must be verified (ID and proof of address) before the first withdrawal.
Royal Trades bonus and promotions
These are the promotions listed for Royal Trades:
Promotion offered by Royal Trades. Check the broker's terms for trading volume and withdrawal conditions.
Royal Trades's welcome offer for new clients. Check the broker's terms for trading volume and withdrawal conditions.
Royal Trades no deposit bonus: Royal Trades does not offer a no deposit bonus. See our up-to-date list of forex no deposit bonus offers. Every offer has volume and time conditions, so read the terms first.
Royal Trades pros and cons
Pros
- Regulated by Royal Trades has no regulations (since 2010)
- MT5, Web trading
- Hedging and scalping allowed
- News trading allowed
- Mini, VIP, managed accounts
- Free demo account
- Welcome bonus: 50% welcome bonus
Cons
- Higher €1000 minimum deposit
- No Islamic (swap-free) accounts
- No no-deposit bonus
- Very high 1:1000 leverage greatly increases the risk of loss
How to open an Royal Trades account
- RegisterClick "Visit Broker" and fill in your name, email, country and password.
- Verify your profileUpload a passport or ID card and a recent utility bill or bank statement.
- Choose an accountPick the account type, base currency and leverage that suit you.
- Fund and claim the bonusDeposit from €1000 and opt in to the promotion if your region qualifies.
- Start tradingLog in to MT5, Web. Practise first on a free demo account.
Royal Trades customer support and contact
These are the contact details we have on file for Royal Trades:
Royal Trades review FAQ
Is Royal Trades a regulated broker?
What is the Royal Trades minimum deposit?
Does Royal Trades offer a no deposit bonus?
What is the maximum leverage at Royal Trades?
Which platforms does Royal Trades support?
Is Royal Trades good for beginners?
Final verdict: should you trade with Royal Trades?
Royal Trades scores 3.9 out of 5 in our review. Its strongest points are its Royal Trades has no regulations licence, MT5, Web trading and flexible trading rules. Keep in mind: higher €1000 minimum deposit; no Islamic (swap-free) accounts.
If your main goal is a free no-deposit bonus, Royal Trades is not the right fit. Compare it with other options on our best forex brokers page before deciding.