Royal

Royal, operating under the domain oneroyalfx.com, is registered in Australia and was founded on 23 March 2020. Its registered address is Level 15, 60 Maragret Street, SYDNEY NSW 2000. The broker maintains a social media presence on Facebook and Twitter/X, though detailed public information about its operations is limited.

As an entity with a stated focus on forex and CFD trading, Royal targets retail and institutional clients. However, independent verification of its claims is constrained by the absence of comprehensive online reviews or third-party audits.

Royal claims regulation by two major financial authorities: the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CYSEC). According to our records, the ASIC licence is for Institutional Market Making (MM) and the CYSEC licence is for Forex Execution License (STP), but the status of both licences is listed as blank, indicating that their current validity cannot be confirmed from official registries.

In FXCanary’s assessment, this ambiguity is a significant red flag. Traders should exercise extreme caution when dealing with a broker whose regulatory status is unverified, especially one that claims dual regulation but provides no clear evidence of active oversight.

No specific account types or trading platforms are listed in our known facts. Typically, brokers offering forex and CFDs provide multiple account tiers (e.g., Standard, ECN, VIP) and platforms such as MetaTrader 4 or 5, but Royal’s offerings in this regard remain unconfirmed.

Prospective clients are advised to verify available account structures and trading software directly through the broker’s official website, though the lack of independent information is a concern.

It is reasonable to infer that Royal, as a forex and CFD broker, offers trading in major and minor currency pairs, as well as CFDs on indices, commodities, and possibly cryptocurrencies. However, the specific range of instruments is not documented in the available records.

Without transparent disclosure of tradable assets, traders cannot fully assess whether the broker meets their investment needs.

Details about deposit methods, minimum deposits, withdrawal policies, and account currencies are absent from the information we hold. Standard brokers typically accept bank transfers, credit/debit cards, and e-wallets, and may offer multiple base currencies.

Given the lack of data, traders should approach any funding commitments with caution and demand clear terms before transferring funds.

FXCanary’s Scam Risk Score for Royal is 85 out of 100, classified as ‘Severe’. This score reflects the combination of unverified regulatory status, limited public information, and the absence of independent user feedback. The broker’s registration in Australia and Cyprus does not guarantee safety, especially when licence status cannot be confirmed.

We strongly recommend that traders avoid depositing funds with Royal until a thorough independent due diligence can be performed, and only consider regulators with publicly verifiable records.