Quick Summary
Royal FX is a CySEC-regulated European broker with MT4 and MT5 support, Investor Compensation Fund coverage, and educational resources. $100 minimum deposit. Ideal for European traders who want EU regulation and straightforward trading.
About Royal FX
Royal FX is a CySEC-regulated forex and CFD broker that serves European and international clients. The broker offers MetaTrader 4 and MetaTrader 5 support with a focus on providing straightforward trading conditions for retail traders.
The broker offers a Standard account with spread-only pricing (no commission), spreads from 1.2 pips on major pairs, and a minimum deposit of $100. Over 50 instruments are available including forex, indices, commodities, and metals. While the instrument range is limited compared to larger brokers, it covers the most commonly traded assets.
Royal FX supports MetaTrader 4 and MetaTrader 5 across desktop, web, and mobile. The broker provides educational resources including video tutorials, trading guides, and regular market analysis. Islamic (swap-free) accounts are available on request.
As a CySEC-regulated broker, Royal FX complies with European MiFID II regulations, including negative balance protection, segregation of client funds, and participation in the Investor Compensation Fund (ICF) which covers up to €20,000 per client. The broker offers 24/5 customer support via live chat, email, and phone.
Account Types
Micro, Standard, Islamic
Trading Platforms
MetaTrader 4, MetaTrader 5
Website
royalfx.com
Headquarters
Nicosia, Cyprus
Instruments
50+
Support Hours
24/5
Our Rating
The overall rating is based on our experts' review of regulation, fees, platforms, and support.
Why Choose Royal FX?
- CySEC regulated (EU MiFID II compliance)
- Islamic account available
- MT4 and MT5 support
- Investor Compensation Fund coverage up to €20,000
- Negative balance protection
- Segregated client funds
- Educational resources including video tutorials
What Could Be Better?
- Spreads widen during news events
- Average execution speed
- Limited instrument range (50+)
- Single Standard account type only
- Education section needs improvement
- No cTrader or TradingView
Bonuses & Promotions
Royal FX does not typically offer welcome bonuses or deposit bonuses in most regions due to EU regulatory restrictions on promotional offers. The broker focuses on providing straightforward trading conditions with CySEC regulation. Demo accounts are available for practice. The broker may occasionally run educational webinars and market analysis sessions.
Instruments Offered
Forex, Indices, Commodities, Metals
Awards & Recognition
Risk Warning: Trading forex and CFDs involves significant risk and may not be suitable for all investors. Leverage magnifies both gains and losses. Never trade with funds you cannot afford to lose. Past performance is not indicative of future results. The information on this page is for educational purposes only and does not constitute financial advice.