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Royal Trades review
Royal Trades review: regulation (Royal Trades has no regulations), minimum deposit €1000, leverage up to 1:1000, platforms and current bonuses.
Trading conditions
- Broker type
- ECN/STP/Micro/Crypto/Demo
- Minimum deposit
- €1000
- Maximum leverage
- 1:1000
- Minimum spread
- 0.8 pips
- Platforms
- MetaTrader 5 for android, iOS, Webtrader and Status trader
- Instruments
- Forex Currencies, Crypto, Commodities, Indices, Stocks
- Account currencies
- USD, EUR, GBP
Bonuses
- No deposit bonus
- No
- Welcome bonus
- 50% welcome bonus
- Other promotions
- No
Accounts and features
- Demo account
- Yes
- Islamic account
- No
- Swap-free
- Yes
- Mini account
- Yes
- VIP account
- Yes
- Managed account
- Yes
- Segregated funds
- Yes
- Hedging and scalping
- Yes
- News trading
- Yes
- Mobile trading
- Yes
- Web trading
- Yes
Deposits and withdrawals
- Deposit methods
- Bank Transfers, Credit card/ Debit card
- Withdrawal methods
- Bank Transfers, Credit card/ Debit card
Company
- Regulation
- Royal Trades has no regulations
- Founded
- 2010
- Country
- United Kingdom
- Address
- 30 St. Mary Axe, London Great Britain, United Kingdom Postcode EC3A 8BF
- Publicly traded
- Yes
- Website languages
- English, Russian, Polish, German, Spanish, and Arabic
- Phone
- +442030976438
- Email or Skype
- [email protected]
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.
Royal Trades pros and cons
Pros
- Regulated by Royal Trades has no regulations
- Raw spreads from 0.8 pips
- Scalping and hedging allowed
- Free demo account
- Trading platforms: MetaTrader 5 for android, iOS, Webtrader and…
- Client funds held in segregated accounts
Cons
- No no-deposit bonus at the moment
- Leverage up to 1:1000 magnifies losses as well as profits
- No Islamic (swap-free) account
- Conditions and bonuses can differ by regulated entity
Royal Trades FAQ
Is Royal Trades a safe and regulated broker?
Royal Trades was founded in 2010 and is regulated by Royal Trades has no regulations. Client funds are held in segregated accounts. Your protection depends on which Royal Trades entity opens your account.
What is the minimum deposit at Royal Trades?
The minimum deposit at Royal Trades is €1000. Payment providers may set their own minimum amount.
What is the maximum leverage at Royal Trades?
Royal Trades offers leverage up to 1:1000. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.
Does Royal Trades offer a no deposit bonus?
No. Royal Trades does not currently offer a no deposit bonus. It offers a welcome promotion: 50% welcome bonus. See our forex no deposit bonus list for brokers that do.
Which trading platforms does Royal Trades offer?
Royal Trades supports MetaTrader 5 for android, iOS, Webtrader and Status trader. Mobile trading is available.
Does Royal Trades allow scalping, hedging and news trading?
Yes. Scalping and hedging are allowed, and news trading is allowed.
Does Royal Trades offer an Islamic (swap-free) account?
No. Royal Trades does not list a swap-free Islamic account.
Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.
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