Royal Trades Review: Regulation, Spreads & Leverage
ECN/STP/Micro/Crypto/Demo broker based in United Kingdom with MetaTrader 5 for android, a €1000 minimum deposit and leverage up to 1:1000.
- ECN/STP/Micro/Crypto/Demo
- 1:1000 Leverage
Your money is at risk
In this Royal Trades review
Royal Trades overview: what kind of broker is it?
Royal Trades is an ECN/STP/Micro/Crypto/Demo forex and CFD broker based in United Kingdom, founded in 2010. Royal Trades has no regulations.
Traders get MetaTrader 5 for android, spreads from 0.8 pips, leverage up to 1:1000 and a €1000 minimum deposit. New clients can also check the current 50% welcome bonus.
Tradable markets include Forex Currencies, Crypto, Commodities, Indices, Stocks.
Royal Trades broker specifications
Company and regulation
| Broker | Royal Trades |
|---|---|
| Regulated by | Royal Trades has no regulations |
| Type of broker | ECN/STP/Micro/Crypto/Demo |
| Country | United Kingdom |
| Foundation year | 2010 |
| Website | Visit Royal Trades website |
| Website languages | English, Russian, Polish, German, Spanish, and Arabic |
Trading conditions
| Minimum deposit | €1000 |
|---|---|
| Maximum leverage | 1:1000 |
| Minimum spreads | 0.8 pips |
| Base currencies | USD, EUR, GBP |
| Tradable instruments | Forex Currencies, Crypto, Commodities, Indices, Stocks |
| Hedging / scalping | Allowed |
| News trading | Allowed |
| Trading in public | Yes |
Bonus and promotions
| Current promotion | N/A |
|---|---|
| Welcome bonus | 50% welcome bonus |
| Standard no deposit bonus | No |
Contact details
| Telephone | +442030976438 |
|---|---|
| support@royal-trades.com | |
| Fax | Unavailable |
| Head office | 30 St. Mary Axe, London Great Britain, United Kingdom Postcode EC3A 8BF |
Royal Trades bonus
Royal Trades promotes a 50% welcome bonus for new traders. It is a simple way to test the broker's MT5 for android execution, spreads and withdrawal process before you add more of your own money.
How to claim the Royal Trades bonus
- Open a live account through the Visit Broker button.
- Verify your email, phone number and identity (KYC).
- Request the bonus from your client area or from support.
- Trade the required volume, then withdraw your eligible profit.
Bonus terms (required lots, time limit and withdrawal rules) can change at any time. Always read the latest conditions on the Royal Trades website before you claim.
Royal Trades pros and cons
Pros
- Regulated: Royal Trades has no regulations
- 50% welcome bonus for new traders
- Spreads from 0.8 pips, ECN/STP/Micro/Crypto/Demo execution
- MetaTrader 5 for android on every device
- Mini, VIP and managed accounts
Cons
- 1:1000 leverage can wipe out an account fast
- No MetaTrader 4 or cTrader
- Bonus comes with trading-volume rules
Royal Trades account types
Royal Trades offers several account options so beginners and experienced traders can both find a fit. All live accounts start from a €1000 deposit.
| Free demo account | Yes – practise with virtual money |
|---|---|
| Mini account | Yes – smaller trade sizes for beginners |
| VIP account | Yes – for high-volume traders |
| Islamic (swap-free) | No |
| Managed account | Yes |
| Segregated client funds | Yes |
Royal Trades trading platforms
Royal Trades runs on MetaTrader 5 for android, which gives you advanced charts, more timeframes, an economic calendar and support for expert advisors. Web trading and mobile trading are both available.
Royal Trades deposit and withdrawal methods
The same 2 methods work for both funding and withdrawals, which makes cash-outs simpler because you can usually withdraw the way you deposited.
Banks and cards
Is Royal Trades safe and legit?
Royal Trades is a regulated broker. Royal Trades has no regulations. The broker says client money is kept in segregated accounts, separate from company funds.
Our verdict on safety
Royal Trades is a legitimate licensed broker. Start small, test a withdrawal early and use sensible leverage.
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.
Who should choose Royal Trades?
Good fit for
- Traders who want MT5 for android and raw spreads
- Bonus hunters testing a new broker
- Scalpers, hedgers and news traders
Think twice if
- You prefer MT4 or cTrader
- You are new and tempted by very high leverage
Royal Trades FAQ
Is Royal Trades regulated?
Yes. Royal Trades has no regulations.
What is the Royal Trades minimum deposit?
The minimum deposit to open a live Royal Trades account is €1000.
Does Royal Trades offer a bonus?
Royal Trades currently promotes a 50% welcome bonus for new traders. Bonus credit normally has trading-volume and withdrawal conditions, so read the latest terms on the broker's website before claiming.
What is the maximum leverage at Royal Trades?
Leverage goes up to 1:1000. High leverage increases both potential profit and potential loss, so most traders use far less.
Which trading platform does Royal Trades use?
Royal Trades uses MetaTrader 5 for android, iOS, Webtrader and Status trader.
Does Royal Trades offer Islamic swap-free accounts?
No. Royal Trades does not list Islamic swap-free accounts.
How can I deposit and withdraw at Royal Trades?
You can use Bank Transfers and Credit card/ Debit card.