logo |


About WikiFX


    5-10 years
    Regulated in Australia
    Market Making(MM)
    MT4/5 full license




    The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!

    License Index


    Business Index


    Risk Management Index


    Software Index


    Regulatory Index



    Australia Securities & Investment Commission

    Market Making(MM)

    ASIC Regulated

    Cyprus Securities and Exchange Commission

    Straight Through Processing(STP)

    CYSEC Regulated


    • Company Name:

    • Company Abbreviation:

    • Place of registration:

    • Regulatory Status:

    • Customer Service Email Address:

    • Customer Service Phone Number:

      +357 25 080 880
    • Company summary

      GeneralInformation&RegulationRoyalFinancialTrading(Cy)LtdisaLimitedLiabilityCompanyincorporatedwiththeRegistrarofCompaniesunderregistrationnumberHE349061/VATnumber10349061W,andhavingitsprincipaladdressatLevel3IRISHOUSEOffice340,8JohnKennedyStreet,3106Limassol,Cyprus.RoyalFinancialTrading(Cy)Ltd(oneroyal.com/eu)isauthorisedandregulatedbytheCyprusSecuritiesandExchangeCommission(CySEC)withLicensenumber312/16.MarketInstrumentsofRoyalFinancialInvestorscantradeForexproductsincludingmajorandminorcurrencypairs,exoticcurrencypairs,preciousmetalssuchasgoldandsilver,crudeoil,accesstoindicessuchastheUSWallStreet30andUK100indices,cryptocurrencies,stocks,etc.MinimumDepositofRoyalFinancialRoyalofferstwomaintypesofaccountsforinvestors:theZEROcommissionaccountandtheCORErawspreadaccount.ThesetwotypesofaccountsincludeClassic(depositsfrom$50to$4,999),Premium(depositsfrom$10,000to$49,999)andVIPaccounts(depositsover$50,000).LeverageofRoyalFinancialThemaximumleverageis1:400forAustralianregulatedaccountsand1:30forEuropeanregulatedaccounts(leverageavailabletoretailinvestorstradingCFDsislimitedtobetween1:30and1:10).Spreads&CommissionFeesofRoyalFinancialSinceRoyalforexgiveachoiceofthreeaccounts,clearly,spreadsandcommissionsvarydependingonaccounttypes.Spreadsareaslowas1.4pipsforClassicaccounts,around1pipforthePremiumaccount,and0.6pipsfortheVIPaccountinZeroCommissionaccounts.Spreadsareaslowas0pipsonallaccountsintherawspreadaccount,andcommissionsarechargedat$7perlotonClassicaccounts,$5perlotonPremiumaccounts,and$3.50perlotonVIPaccounts.TradingPlatformsPopularMT4tradingplatformisavailablewhentardingwithRoyalForex,andRoyalMT4supportWeb,Desktop,PC,andMacdevices.Besides,MT4Accelerator,aswellasMulti-Terminalisalsowithinreach.Deposit&WithdrawalRoyalForexofferstraders14waystodepositandwithdrawfundsfromandtotheiraccountsinupto11basecurrencies.Theminimumdepositis$50.Thesedepositandwithdrawalmethodsincludecredit/debitcards(Visa,MasterCard),wiretransfers,e-wallets(NETELLER,Skrill,fasapay,POLi),checks,cryptocurrencies.UsersdepositingthroughPOLiwillbecharged1%ofeachtransaction,andthecompanycoversotherdepositfees.UserswithdrawingviaVISA,MASTERCARDcredit/debitcardswillbechargedupto2%,withdrawingviae-walletswillbechargedupto2%(withdrawingviafasapaywillbecharged0.5%ofeachtransaction),withdrawingviachequeswillbecoveredbythecompanyandwithdrawingviacryptocurrencieswillbecharged0.2%. About More
    Pyramid scheme complaint

    WikiFX APP!

    Global Forex Broker Regulatory Inquiry APP!

    WikiFX Risk Alerts

    Previous Detection: 2021.09.26 Risk: 1 Item

    • The number of the complaints received by WikiFX have reached 5 for this broker in the past 3 months, please be aware of the risk!

    WikiFX Verification

    • Exhibition Area

    • Survey

    • MT4/5

    • Website

    • Genealogy

    • Clones

    • Keywords

    • Time Machine

    • Score


    • Delivery Index

    • Market Analysis

    • Material Delivery

    • Ad Brand

    • Search Source

    • Language

    Last Updated Time 2021-09

    User Reviews


    Australia Securities & Investment Commission

    Australia Securities & Investment Commission (ASIC)

    The Australian Securities and Investments Commission (ASIC) is an independent Australian government body that acts as Australia's corporate regulator, which was established on 1 July 1998 following recommendations from the Wallis Inquiry. ASIC's role is to enforce and regulate company and financial services laws to protect Australian consumers, investors and creditors. ASIC's authority and scope were determined by the Australian Securities and Investments Commission Act, 2001.

    Cyprus Securities and Exchange Commission

    Cyprus Securities and Exchange Commission (CYSEC)

    The Cyprus Securities and Exchange Commission (CySEC) was established in accordance with section 5 of the Securities and Exchange Commission (Establishment and Responsibilities) Law of 2001 as a public legal entity. It is an independent public supervisory Authority responsible for the supervision of the investment services market, transactions in transferable securities carried out in the Republic of Cyprus and the collective investment and asset management sector. It also supervises the firms offering administrative services which do not fall under the supervision of ICPAC and the Cyprus Bar Association.

    • Licensed Institution :

      Royal Financial Trading (Cy) Ltd

      Effective Date :

    • Email Address of Licensed Institution :


      License Type:

      No Sharing
    • Website of Licensed Institution :


      Expiry Date :

    • Address of Licensed Institution :

      Level 3 IRIS HOUSE, 8 John Kennedy, 3106 Limassol, Cyprus

      Phone Number of Licensed Institution :

    • Licensed Institution Certified Documents :

      Royal CySEC牌照20190211 View Certified Documents Royal Financial Trading CySEC监管信息截图20200328 View Certified Documents ROYAL CYSEC牌照191205 View Certified Documents

    Royal · MT4/5

    Identification Result

      Royal · Website

      Most visited countries/areas

          No content

          No data

          Load failure

          Load failure

          Royal· Genealogy

          Royal · Clones

          Royal · Market Analysis

          The data are from WIKI Research    2021.09.26 updated

          WikiFX prompts you

          This broker's score is relatively low.

          Please choose wisely! Please avoid unnecessary loss

          Royal · Survey×




          Alternate Text

          Data Sources WikiResearch 2021.09.26 Update


          Data Sources WikiResearch 2021.09.26 Update

          Royal · Chart

          Insufficient data samples

          Rank by user activity which is calculated by the number of customers with trading operations of the broker within the stat period
          Data provided by WikiFX Data

          Insufficient data samples,Browsing is not supported temporarily

          Alternate Text

          Data Sources WikiResearch 2021.09.26 Update

          WikiFX·pyramid scheme complaint
          1  Know about pyramid scheme  >
          2  Pyramid scheme complaint   >
          3  Done
          1. What is pyramid scheme complaint?
          With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
          2. 10 Features of Pyramid Scheme
          High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
          Report immediately
          Report This Platform
          * Contact number
          *Enter your phone number
          *Reporting Reasons

          *Enter your reason
          Related Photos
          Confirm to Submit

          Submit successfully!

          You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

          Royal · Company summary

            General Information & Regulation

            Royal Financial Trading (Cy) Ltd is a Limited Liability Company incorporated with the Registrar of Companies under registration number HE 349061 / VAT number 10349061 W, and having its principal address at Level 3 IRIS HOUSE Office 340, 8 John Kennedy Street, 3106 Limassol, Cyprus. Royal Financial Trading (Cy) Ltd (oneroyal.com/eu) is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) with License number 312/16.

            Market Instruments of Royal Financial

            Investors can trade Forex products including major and minor currency pairs, exotic currency pairs, precious metals such as gold and silver, crude oil, access to indices such as the US Wall Street 30 and UK 100 indices, cryptocurrencies, stocks, etc.

            Minimum Deposit of Royal Financial

            Royal offers two main types of accounts for investors: the ZERO commission account and the CORE raw spread account. These two types of accounts include Classic (deposits from $50 to $4,999), Premium(deposits from $ 10,000 to $49,999) and VIP accounts(deposits over $50,000).

            Leverage of Royal Financial

            The maximum leverage is 1:400 for Australian regulated accounts and 1:30 for European regulated accounts (leverage available to retail investors trading CFDs is limited to between 1:30 and 1:10).

            Spreads & Commission Fees of Royal Financial

            Since Royal forex give a choice of three accounts, clearly, spreads and commissions vary depending on account types. Spreads are as low as 1.4 pips for Classic accounts, around 1 pip for the Premium account, and 0.6 pips for the VIP account in Zero Commission accounts. Spreads are as low as 0 pips on all accounts in the raw spread account, and commissions are charged at $7 per lot on Classic accounts, $5 per lot on Premium accounts, and $3.50 per lot on VIP accounts.


            Trading Platforms

            Popular MT4 trading platform is available when tarding with Royal Forex, and Royal MT4 support Web, Desktop, PC, and Mac devices. Besides, MT4 Accelerator,as well as Multi-Terminal is also within reach.

            Deposit & Withdrawal

            Royal Forex offers traders 14 ways to deposit and withdraw funds from and to their accounts in up to 11 base currencies. The minimum deposit is $50.These deposit and withdrawal methods include credit/debit cards (Visa, MasterCard), wire transfers, e-wallets (NETELLER, Skrill, fasapay, POLi), checks, cryptocurrencies. Users depositing through POLi will be charged 1% of each transaction, and the company covers other deposit fees. Users withdrawing via VISA, MASTERCARD credit/debit cards will be charged up to 2%, withdrawing via e-wallets will be charged up to 2% (withdrawing via fasapay will be charged 0.5% of each transaction), withdrawing via cheques will be covered by the company and withdrawing via cryptocurrencies will be charged 0.2%.

          Risk Warning

          The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

          Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

          Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

          Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.