OneRoyal

The very first thing that catches your eye when viewing the company’s website is the stunning interface design, which looks more like the opening credits of a movie than the visual design of a broker’s portal. A rich yellow color – to put it mildly, not the best choice of color for the background.

This overly complex design does not directly affect the customer experience at One Royal FX Brokerage. While customers won’t have a problem with the information content of a website, it isn’t straightforward to distinguish between texts against rich backgrounds. OneRoyal, available in multiple jurisdictions, supports the following six languages:

• English;
• Indonesian;
• Portuguese;
• Chinese;
• Arab;
• Polish.

Looking through the entire portal, you can find important information about the broker:

• domain name: oneroyal.com;
• registration information: date of creation – 2006;
• license details: ASIC (Australia), CySEC (Cyprus), CMA (Lebanon);
• information about the registration address and the owners of the exchange: the owner is unknown, the registration address is Level 7, 1 York Street, Sydney NSW 2000, Australia;
• contact information: hello@oneroyal.com, Twitter, LinkedIn, Instagram, Facebook, and WhatsApp accounts.

One would think that in over 16+ years of operation, One Royal should have learned the lessons of being conservative and not offering too zealous terms. However, this is the exact opposite of what can be seen on the broker’s website.

Broker License

The first important aspect you need to pay attention to is a forex broker license to make money. According to One Royal, the company’s claims were issued by three different institutions, including Cyprus and Australia. In the Rules section of the website, One Royal contains three licensed materials from three countries – Australia, Cyprus, and Lebanon. Actual financial authorities that issued licenses:

• Australian Securities and Investment Commission (ASIC);
• Cyprus Securities and Exchange Commission (CySEC);
• Capital Markets Authority (CMA) of Lebanon.

If all these licenses are, in fact, valid and the broker complied with all their rules, there would be no room for suspicions of One Royal fraud. ASIC and CySEC licenses are too prestigious to doubt their effectiveness.

However, digging deeper into the platform, one finds that the actual full license that governs the broker is the latest CMA license. These are not the most impressive parts of the rated forex brokers’ licensing. Lebanon is one of the worst countries to trust with your funds.

Therefore, whether One Royal is a properly regulated broker or not is somewhat ambiguous but still has a simple answer. It has one legal license but does not enforce high financial standards within its jurisdiction.

One Royal logins have two categories for trading accounts: Zero Commission and Raw Spread. Each of them contains three different types of accounts:

• Classic — minimum deposit $50;
• Premium — minimum deposit $20,000;
• VIP – minimum deposit $100,000.

While these accounts are undoubtedly different in terms of the features they offer, such a drastic switch from one account to another in terms of minimum deposit requirements doesn’t make sense. It’s unclear which function is $19,950 more to get your following premium account.

OneRoyal Platform

Traders can only use One Royal MetaTrader 4 for forex trading on the various instruments available on the platform. Even though MT4 is not inferior to software by any means, it is still not an ideal platform for trading symbols other than currency pairs. In addition, it does not contain many graphical tools and indicators standards in MetaTrader 5 or cTrader.

The broker offers more than one asset class for trading, which is one of Royal’s advantages. In particular, One Royal supports over 60 currency pairs, four cryptocurrency pairs, and a wide range of CFDs, including stocks, indices, commodities, and metals.

Despite such a variety of trading instruments, clients will not be entirely impressed by the trading conditions that come with them. For example, a leverage of 1:400 is too much for a broker that appears to be CySEC regulated. It is a generally accepted fact that in the EU zone, Forex brokers can offer a maximum leverage of 1:30. Still, One Royal promotions do not take this limitation into account.

The same can be said about spreads. There are two options you can choose from either a Raw Spread account with zero spread or zero commission and still get a low spread of 0.7 pips. Sure, paying lower commissions is excellent, but what about sources of income for a broker? Even commissions at One Royal are meager and suspicious, as are the spreads.

Then comes the minimum deposit requirement, which is $50 and doesn’t seem all that weird compared to other trading conditions at One Royal. But what is strange is the transition from a classic account with a $50 deposit to a premium account with a $20,000 deposit requirement. The features of a premium account do not justify such a sharp increase in the minimum deposit.

Speaking of deposits, you can use credit cards, wire transfers, and a couple of e-wallets to transfer money to your One Royal account. The same is with the withdrawal of One Royal. The lack of PayPal and other sophisticated financial platforms is a significant disadvantage for the broker and the client. One Royal seems to be taking the hit directly.

Broker tools

OneRoyal provides a broader range of investment tools and resources than many CFD brokers. In addition to supporting the educational library, OneRoyal also includes a leading trading center called “Trading Central,” Dow Jones Newswire, VPS Hosting, and the MetaTrader4 Accelerator package to enhance the functionality and versatility of the platform. Social copy trading is available through the ZuluTrade or MyFXBook platforms. At the same time, detailed Forex trading FAQs provide clear answers to some of the most common trading questions ranging from pips, leverage, and forex fundamentals.

The free visit to the OneRoyal FAQ page supports the intuitive forex tutorial series The Roy and AI Show and Trader’s Fix, a forex trading master class sponsored through OneRoyal.

OneRoyal.com reviews: what the broker is silent about

The OneRoyal platform, ostensibly regulated by three financial authorities, is designed to serve novice and professional traders through social media trading and robust platforms. Combined with industry-leading customer support and platform-friendliness, OneRoyal is likely dreaming of continuing to attract a growing investor base in the coming years.

But clients immediately see a very trendy website that is more suitable for a western than as a platform for a Forex broker. This, in turn, reduces the information content of the site.

Even though the broker claims to have licenses from CySEC, ASIC, and CMA, it’s easy to see that the only permit that works appropriately is CMA from Lebanon – the least reliable of the three.

As for Van Royal reviews, you can find radically opposite opinions on the network, among which negative ones still prevail. Users claim that the company brazenly blocks orders and does not try to solve problems during the trading process.