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Royal Forex Trading review
Royal Forex Trading

On-line since: 2008
Country of origin: Lebanon
Regulation: ASIC, CMA
Payment options: Skrill, payment cards etc.
Minimum account size: $500
Minimum lot size: 0.01 lots
Leverage: 1:400
Spreads: from 1 pip

About the company:

Brokerage company Royal Forex Trading started operating in 2008 in Lebanon.

RFXT offers its clients platforms for trading on various trading floors. For instance, Mubasher Trade Pro is used for trading shares in global stock markets, in particular on the New York Stock Exchange. Besides, the platform enables traders to add 11 different floors worldwide. It can be installed to a smartphone or tablet. The RJO Vantage platform is intended for trading futures on 12 global floors, including CME and GLOBEX. It can be installed to a mobile device. The most popular MetaTrader 4 platform provides its users with access to the foreign exchange market as well as to trading metals and CFDs. It has up to 30 instruments and can be used via mobile phone.

Key advantages of working with this broker include instant order execution, opportunity to hedge opened positions, automated trading, Islamic accounts etc. Besides, clients’ funds and the company’s funds are kept separately.

Royal Forex Trading 5/10 (votes 1755)
Comments Interested in other brokers?
Author of Royal Forex Trading: caucasian | Date 2017-12-01
My brother-in-law recommended this broker to me. At first, I was skeptical to open an account with them because I found some negative reviews about them. It only changed my mind after I saw the screenshot of the withdrawal request of my brother-in-law where he requested to cash-out his profit through Skrill, and it was amounting to $105.74. Before I transferred my $1000, I contacted the Support Team to clarify the information or Forex term that I didn't understand. All my queries were answered professionally. The account funding is very easy and my starting capital appeared in my account in less than 3 days. The first trading instrument I bought was AUD/JPY at an asking price of 0.7540. I couldn't forget the market rate because that was my first time to place an order. I remember, I successfully closed my position at 0.7551. I only got a little profit, but that was okay. It's better to earn a small amount of penny than to earn nothing. From time to time, I managed to increase my trading income. In the month of November, I am very proud to say that my increases to 5%.
Author of Royal Forex Trading: vinsmoke | Date 2017-10-02
I'm one of Royal forex client and I have been trading for a year until now. I opened a demo account just to test their systems and everything works fine and after 2 weeks of using demo account I opened a live account with a deposit of 500 USD via Skrill, and the same system for withdraw money. I trade using Meta Trader 4 platform which works with fast execution of trades and spread is good starting with 1 pips for major pairs and even during news high impact spread widen not too much. My favorite trading pair is EUR/USD, USD/CHF, and USD/JPY and from time to time when I see strong signal on the market I go also for Gold instrument. My profit for every month is 1000 USD and I can withdraw without any problem with them. Basically I will remain the capital which is 500 USD and the rest will be withdraw so that if anything happened with them market I just risk the capital only. The support is also helpful and friendly which is can be rely on them to solve my problem.
Author of Royal Forex Trading: Reina | Date 2017-08-14
I have been trading with Royal Forex Trading a few Months. Their binary option service is fantastic, best in the business. Their platform is convenient for option trading because they have not price latency. I was leave my previous broker they have huge price latency. My initials investment was $500 and I have earned $424 within 2 months. When I tried to withdraw half of my profit, it comes to my Skrill account less than 3 hours after the request. You guys should try it.
Author of Royal Forex Trading: Ron | Date 2017-06-30
I knew this broker – Royal Forex Trading in last year when my friend recommended me to try with them after getting many losses with my previous broker. Therefore, I joined this broker and I opened account to trade with them. At first, I’m so scared with new broker, so I deposit with a small amount – 250$. Luckily, I also earn small profit with 100$. Therefore, this result motivates me put more money to trade with this broker with 550$. Of course, I got profit 250$ at that time, and I’m so happy with this amount. 3 days ago, I made a request of withdrawal with 400$, and I just waited 4 hours to receive money. Thus, their withdrawal process is always on time with their clients like me. I think I have right decision by choosing Royal Forex Trading as my broker as well as my final partner. At the moment, there have many dealing centers on the market, but most of them are unreliable, lack of experience or offer not very good service. However, Royal Forex Trading is different from other brokers, because this company satisfies all my needs. Indeed, I’m pleased with the quality of Royal Forex Trading’s services, I have no complaint with them. Overall, Royal Forex Trading is a great honest broker with low spreads, and I highly recommend them to traders!!
Author of Royal Forex Trading: Teng_009 | Date 2017-06-30
Royal has the most flexible trading terms out there. Although their spreads can be too high especially during news release. But apart from that every thing is good. I don't see any requotes. I get the prize I initially set, and their response time is as fast as 2 seconds. Withdrawing fund is also not a problem. Wire transfer works perfectly.
Author of Royal Forex Trading: Wane | Date 2017-06-13
Royal Forex Trading is not honest and has hidden commissions which you will see after trying to withdraw money. I had an ECN account with $800 first deposit via Payment cards. The money was in my account 4 days later after reaching for the support team. I made profit in one month around $1200 and wanted to withdraw the profit by the end of the month so I hoped I had more. Surprise came after I saw a missing of $200 which was hidden commission. Still only $1000 they allowed me to withdraw. I decided to close the account today.
Author of Royal Forex Trading: Volvo | Date 2017-04-21
I decided to leave this broker because of their huge spreads on major currency pairs. I requested to withdraw my account's remaining balance worth 152USD. They told me that they were already processing my request and just wait 3 days for the fund. 3 days after, I checked my account to find out that no funds were credited. That day was Friday. I emailed them again. They told me that my request will be process on Monday. Again I waited patiently, but on Thursday, my account had nothing. We were like this for about a month. They kept on telling me that they were processing my request but in reality, they really had no intention of giving my money back. This happened last December, and until now, I haven't received my payout.
Author of Royal Forex Trading: Ducanas | Date 2017-04-03
I would like to take this opportunity to say thanks to Royal Fx that has been sharing a lot of useful information to me through the main website. I have been using this broker for 1 year and so far don’t have much issues on the services. To be real, I have opened live account right after worked on demo account for 3 months. I have made minimum deposit of $500 on June 2016, however due to less experiences and knowledge I have faced losses in trading just within 1 month. I put all activities on hold and improved all techniques as well as forex analysis. I noticed MT4 account actually is well designed and eased my charting and projecting. I made a deposit again, but this time I normally keep my chart clean to enhance trading performance. Thanks to this broker as for now I managed to earn better profit in account. So far, account is good and weekly profit normally hit around $220 - $300. Thanks Royal Forex!
Author of Royal Forex Trading: lane | Date 2017-03-22
Poor order execution, and their customer support dragged the issues for several days without even contacting me for updates. First a cancelled profit, then a cancelled withdrawal, and now I have to wait for god knows how many days. Horrible, I should have known better.
Author of Royal Forex Trading: Matt_ST | Date 2017-03-22
I started trading with Royal forex because a friend recommended me, and I wasn´t disappointed at all. I made an investment with the minimum amount required, and everything worked accordingly. Don, I could see their execution is awesome, barely see slippages. And their support team is efficient, they reply in a short time, I even got a small profit $60. But, I will continue trading to get more. I think Royal Forex is a reliable broker.
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