OneRoyal Broker Review 2024

Are you seeking a reliable forex platform with competitive trading conditions and various instruments? OneRoyal might just be the thing you're searching for. Established in 2006, this award-winning multi-licensed broker has served traders globally for over 17 years.

This comprehensive OneRoyal Review will explore the platform’s offerings, from their account types (Classic, ECN, VIP, ECN Elite, Demo, Cent) and trading platforms (MT4, MT5) to their spreads, commissions, and educational resources. Whether you're a beginner or an experienced trader, read on to discover if OneRoyal broker fits your trading journey.

OneRoyal Company Information & Regulation Status

OneRoyal is an award-winning, multi-licensed global forex and CFD broker serving traders since 2006. The company is regulated by respected authorities such as:

• ASIC (Australian Securities and Investments Commission);
• VFSC (Vanuatu Financial Services Commission);
• FSA (Seychelles).

OneRoyal Broker Summary of Specifics

OneRoyal Broker stands out in the crowded forex market with its comprehensive offerings and commitment to trader success. Here's a quick summary of what sets OneRoyal apart:

OneRoyal caters to various trader profiles with its range of account types and provides access to powerful trading tools and resources. Their global licenses and regulations ensure a secure trading environment, while their quick deposit and withdrawal processes add to the overall positive trading experience.

OneRoyal Types of Accounts

OneRoyal broker offers a variety of account types to suit different trading styles and investment levels. Here's a breakdown of their main account types:

All account types offer leverage up to 1:1000 (subject to regulatory restrictions), access to a wide range of tradable instruments, and advanced trading platforms like MT4 and MT5.

The choice between these accounts depends on your trading volume, preferred trading style, and capital availability.

OneRoyal Advantages and Disadvantages

Like any broker, OneRoyal has its strengths and potential drawbacks. Here's a balanced view of what you can expect:

Overall, OneRoyal positions itself as a reliable broker with a strong focus on trader education and support, making it particularly attractive for beginners and intermediate traders.

OneRoyal Broker Signing Up & Verification Process

Opening an account with OneRoyal is easy and straightforward. Here's a step-by-step guide:

• Visit the OneRoyal website and click on "Sign Up";
• Fill in your details (name, email, Email, phone number);
• Complete your profile with your details;
• Verify your Email;
• Provide Identity & Address Documents.

The verification process usually takes 1-2 business days.

OneRoyal’s Trading Platforms

OneRoyal offers a range of powerful trading platforms to suit different trader preferences:

• MetaTrader 4 (MT4): The industry-standard platform known for its user-friendly interface and extensive analytical tools;
• MT4 Accelerator: OneRoyal's enhanced version of MT4 with 12 advanced features, including automated and one-click trading;
• MetaTrader 5 (MT5): The next-generation platform offering more timeframes, order types, and analytical tools than MT4.

These platforms and tools are designed to cater to traders of all experience levels, from beginners to advanced professionals.

OneRoyal’s Spread and Commission Structure

OneRoyal offers competitive pricing across its account types:

The choice between spread-based and commission-based accounts depends on your trading style and volume. High-volume traders may benefit more from the ECN accounts with raw spreads and commissions, while occasional traders might prefer the simplicity of spread-only Classic or VIP accounts.

OneRoyal Broker Deposit & Withdrawal Methods

OneRoyal offers a variety of deposit and withdrawal methods to cater to traders worldwide:

• Credit/Debit Cards (Visa, Mastercard);
• Bank Wire Transfer;
• E-wallets (Skrill, Neteller, etc.);

Key points about deposits and withdrawals:

• Minimum deposit: $50 for Classic and ECN accounts, $10,000 for VIP and ECN Elite accounts;
• OneRoyal covers all fees for deposits;
• The broker charges no withdrawal fees, but third-party fees may apply.

OneRoyal supports 11 account-based currencies, allowing traders to minimize currency conversion fees.

Copy Trading & Investment Options Offered on OneRoyal Broker

OneRoyal offers several options for traders who want to leverage the expertise of others:

• Copy Trading: Through HokoCloud, traders can automatically copy the trades of successful investors. This allows novice traders to benefit from the strategies of experienced traders without needing extensive market knowledge;
• PAMM Accounts: Percentage Allocation Management Module accounts allow investors to allocate their funds to be managed by professional traders. This option suits those who want to invest in forex but don't have the time or expertise to trade themselves.

These options allow beginner investors to participate in financial markets, but it's important to remember that all trading carries risk, and past performance doesn't guarantee future results.

OneRoyal Bonus and Promotion offerings

OneRoyal offers an attractive bonus for traders and partners. With the 100% deposit bonus, new traders can potentially double their initial deposit, subject to terms and conditions. Here is the step by step guide to receiving the offer:

• Create and verify an account;
• Make a deposit into your account;
• Find your balance doubled and start trading!

It’s worth noting that OneRoyal's Introducing Broker (IB) program allows partners to earn up to 75% of the spread and commission when referring traders.

OneRoyal Broker Support

OneRoyal prides itself on providing comprehensive, multilingual support to its clients. Their support channels include:

• Live Chat: Available directly on their website for instant assistance;
• WhatsApp: For quick, mobile-friendly communication;
• Telegram: Another instant messaging option for traders;
• Call Back: Request a call from the support team at your convenience;
• Messenger: Support through Facebook Messenger;
• Email: For detailed questions.

Support is available 24/5, aligning with forex market hours. OneRoyal has offices in multiple locations, including Australia, Lebanon, Vanuatu, St. Vincent & Grenadine, the United States, and Nigeria, ensuring global coverage and local support where possible.

OneRoyal Broker List of Restricted Countries

While OneRoyal serves traders from many countries worldwide, some restrictions exist due to regulatory requirements. The broker does not accept clients from the following:

• United States;
• EU countries;
• North Korea;
• China;
• Japan;
• Iran.

It's important to note that this list may change over time due to evolving regulatory landscapes.

OneRoyal Broker Trust Scores & Reviews

OneRoyal has established a strong reputation in the forex trading community, reflected in its trust scores and user reviews. The broker holds an average rating of 4.4 out of 5 stars based on over 190 reviews from the Trustpilot website. Here's a breakdown of the key points from these reviews:

It's worth noting that OneRoyal actively responds to user reviews, addressing concerns and offering to resolve any issues. This commitment to customer satisfaction contributes to their overall positive reputation in the industry.

Conclusion and final words

OneRoyal is a reputable and well-rounded forex broker, offering a blend of competitive trading conditions (commissions & spreads from zero), advanced technology, and comprehensive educational resources. With its multi-license regulation (ASIC, FSA, VFSC), a wide range of tradable instruments, and flexible account options, OneRoyal caters to beginners and experienced traders. The broker's commitment to customer support and ongoing education is particularly noteworthy, as is their provision of advanced tools like MT4 Accelerator and copy trading at no extra cost.

However, as with any financial service provider, traders must conduct due diligence and carefully consider their trading goals and risk tolerance. Write with your thoughts on OneRoyal Review in the comments below.