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OneRoyal Demo Account

One-Royal-broker-demo-account

 

OneRoyal offers a free demo trading account for beginner traders to train on. The Demo account interface is ideal for traders who want to learn to trade without incurring any trading risks or losses.

 

One Royal at a glance

🏢Name of BrokerOne Royal
📅 Year Founded2006
📍 Head Office
Level 3 Iris House office 340, 8 John Kennedy Street , 3106 Limassol , Cyprus
☎️ Head Office Telephone Number
00357 25 080 880
⚖️ Financial Regulatory Bodies
ASIC, CySEC, CMA, VFSC, FSA
✔️ Tier-1 Licenses
ASIC, CySEC
✔️ Tier-2 LicensesCMA
✔️ Tier-3 LicensesVFSC, FSA
🏦 Publicly Traded
No
👥 Active Traders
>10 000
🏆 Awards
2011
Awarded Best Dealing Room in the Middle East
Awarded Best Mobile Trading FX Platform
Awarded Best Forex ECN Broker

2012
Awarded Most Transparent Forex Broker
Awarded Best Online Broker in the Middle East

2013
Awarded Best Online Broker in the Middle East
Awarded Best Middle East FX Provider

2021
Awarded Best Value Broker at Smart Vision Expo- Cairo
📊 Trading Desk Type
STP, ECN
📈 Trading Model
Low cost, high speed
🇺🇸 Accept US Clients
No
🚀 Welcome Bonus
Yes
📒 Account Types
ECN, Zero Commission
🌐 Account Open Languages
English, Arabic, Indonesian, Portuguese, Italian, Chinese, Hungarian, Russian, Polish, Turkish, Greek
🛡️ Active Trader or VIP Discounts
Yes
☪️ Islamic AccountYes up to 14 days
⌛ Time to open an account
Instant
🔘 Products Offered
CFDs [ Forex, Metals, Oil, Shares, Indices, Cryptocurrencies]
👮 Is One Royal safe to trade on?
Yes
🔒 Server Location
London
⭐ Trust Score
9.4/10

💰Deposit


💰 Minimum Deposit
$50
👍 Demo Trading Account available
Yes
💳 Deposit with credit/debit account
Yes
₿ Deposit with Cryptocurrencies
Yes
💳 Deposit with QIWI
No
💳 Deposit with Bank WireYes
💳 Deposit with Bitpay
No
💳 Deposit with Neteller
Yes
💳 Deposit with Skrill
Yes
💳 Deposit with Electronic Wallet
Fasapay
China Union Pay
Nganluong
Poli
Globepayinc
Perfect Money
Pay Retailers
Interac
PayTrust88
💳 Deposit with Paypal
No
💳 Deposit with PayoneerNo
⏱️ Deposit Processing Time Instant

📈 Currencies and Pairs


📊 Number of Base Trading Currencies
12
 📊 Trading Indices
Yes
📊 Trading Stocks
Yes
📊 Cryptocurrency (Physical)
n/a
💱 Major Forex Pairs
7
💱 Minor Forex Pairs
29
💱 Exotic Forex Pairs
26
📈 CFDs (Total)
185
📈 Stock Indice CFDs
21
📈 Stock CFDs
73 (17 EU shares)
📈 ETF CFDs
14
📈 Commodity CFDs
5
📈 Blend CFDs
n/a
📈Bond CFDs
n/a
📈 Cryptocurrency CFDs
5
📉 Allows Spot forex trading
No
📉 Allows Hedging
Yes
📉 Allows Scalping
Yes
📉 Allows Swaps Yes
💰 Maximum Leverage
1:500
💰 Average SpreadsAs low as 0.0 pips
💰 Minimum Lot Size0.01 lots
💰 Maximum Lot Size Depends on traded instrument
👥 Social / Copy Trading
Yes
📊 Charting
Yes
📊 AutoChartist
n/a
👀 Watch list
Yes
🚨 Trade Alerts
Yes

💰 Fees


💰 Trading Fee Class
n/a
💰 Deposit Fee*
n/a
💰 Account Opening Fee
n/a
💰 Withdrawal fee*
2%* {percentage might differ based on withdrawal method}
⏱️ Withdrawal Processing TimeInstant
💰 Spread Fee
Starting from 0.6 pips for Zero Commission accounts
📒 Spread TypeFloating
💰 Commission Fee
Starting from $3.50/RT Standard Lot for ECN accounts
💰 Inactivity fee n/a

Trading Platforms


📈 ECN Forex Trading
n/a
💻 MetaTrader 4 (MT4)
Yes
💻 MetaTrader 5 (MT5)
n/a
🖥️  Zulu Trade
Yes
🖥️ cTrader
n/a
🖥️ DupliTrade
n/a
🖥️ Mac
Yes
🖥️ Desktop Availability
Yes
💻 Web AvailabilityYes
 📱 Mobile AvailabilityYes
📱  Android App
n/a
 Apple iOS Appn/a
📱Huawei Appn/a
📱 Blackberry Appn/a

🎓Education and Support


👨‍💼 Customer Service
Yes
📞 Phone SupportYes
💬 Livechat SupportYes
🖱️ Email SupportYes
🎓 Education / Help Centre
Yes through Trading Central
🤓 Beginners Trader friendly UX
Yes
👥 Community Forum
No
🖩 Currency Converter
Yes
🖩 Traders’ Calculator
Yes
📆 Economic Calendar
Yes
📆 Forex calendar
Yes
📆 Weekly Webinars
No
💵 Affiliate program
Yes

Safety and Protection


🚫 Two-step Authentication
No
🛡️ Investment insurance
n/a
🛰️ FREE VPS hosting
Yes
⛔ Negative balance protection
Yes
❌ Stop-loss Instrument
No
💲 Margin Call
Yes

🛡️ Final Scores


🛡️ Spread
9/10
🛡️ Leverage 9/10
🛡️ Trading Platform 8/10
🛡️ Range of trading instruments8/10
🛡️ Education Score
9/10
🛡️ Customer Service Score
9.5/10
🛡️ User Experience Score
9/10
⭐ Trust Score
9.4/10

👍 Social Media Pages

🔈 Official Facebook Page
https://www.facebook.com/TradeWithOneRoyal/
🔈 Official Twitter Pagehttps://twitter.com/TradeWithRoyal/
🔈 Official Youtube Channelhttps://www.youtube.com/c/OneRoyal/
🔈 Official Linkedin Pagehttps://www.linkedin.com/company/tradewithroyal/
🔈 Official Instagram Pagehttps://www.instagram.com/tradewithRoyal/
🔈 Official Website address
https://oneroyal.com

💼Senior Management

💼 Current CEO / ChairmanRayan Al Annan
💼 Founder/sRayan Al Annan
💼 CTOPanayiotis Annivas
💼 CMOSofia Mashovets
💼 COOMichael Karakatsianis
💼 CHROZeinab Dia
💼 Global Sales DirectorAndrew Condie
* Intermediary and/or beneficiary bank fees may apply

 

OneRoyal Demo Account practices forex trading in a 100% risk-free environment.

 

How to set up a OneRoyal Demo Account – Step by Step

 

To register for, and set up a OneRoyal demo account, traders can follow these 5 steps:

  1. Step 1 – Navigate to the OneRoyal website and click on the ‘Try our demo account’ located under the ‘Register’ banner in the top right corner of the homepage.
  2. Step 2 – The trader will be redirected to a new page consisting of an online application where necessary fields such as First and Last name, email address, mobile number, account type, virtual deposit amount, currency, and leverage need to be completed.
  3. Step 3 – Once all the required fields have been completed, the trader can select that they are over 18 years of age and that the Terms and Conditions along with the Privacy and Cookies Policy have been read, before clicking on ‘Open Account’.
  4. Step 4 – The trader will receive an email on the address that they registered containing their login credentials along with a link to download the MetaTrader 4 trading platform.
  5. Step 5 – Once MetaTrader 4 has been downloaded and installed, the trader can use the credentials they received to log in and gain access to their OneRoyal demo account from the trading platform.

 

Trading can be a very intimidating task for beginners without prior knowledge, skill, or experience in trading and through the provision of demo accounts, brokers provide a comprehensive and risk-free environment for beginner traders.

A demo account is often referred to as a practice account due to it providing traders with the ability and freedom to explore the broker’s offering without running the risk of incurring losses through the provision of virtual money with which to practice trading.

Beginner traders can use demo accounts to familiarize themselves with a live trading environment, where they can build up their trading skills by actively participating in trades and develop their own trading strategies.

Demo accounts are not merely intended only for beginners, but it provides more advanced traders with the opportunity to explore what OneRoyal has to offer.

 

Overall Rating

4.7/5

Rated #248 of
Recommended FX Brokers

💰Minimum Deposit

USD 50

🌐 Regulators

ASIC, CySEC, CMA, VFSC, FSA

📱 Trading Desk

MT4

₿ Crypto

Yes

📈 Total Pairs

55

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

Instant

🏛️ Visit Broker

 

OneRoyal Demo Account Features

 

The OneRoyal demo account features will depend on the trading platform that the trader uses, in this case, MetaTrader 4, in conjunction with the demo account.

In other words, the demo account features can be accessed through the trading platform and will depend on OneRoyal’s offering with regards to asset classes, financial instruments, spreads, leverage, and so on.

 

Pros and Cons

✔️Pros❌Cons
Demo account sign up fully digitalNone noted
Sign up is quick and hassle-free
MT4 is a reliable, user-friendly trading platform

 

You might also like: OneRoyal Minimum Deposit

You might also like: OneRoyal Sign up Bonus

You might also like: OneRoyal Fees and Spreads

You might also like: OneRoyal Account types

 

Frequently asked questions

 

What is the difference between a demo and a live trading account?

A demo account provides the trader with a practice account that can be used to practice trading in a risk-free environment.

Demo accounts are often suited for beginners who need to build up experience with trading as well as advanced traders who would like to test their trading strategies and explore the offering of a broker before registering a live account.

 

Does OneRoyal offer a demo account?

Yes.

 

Can I convert my demo account to a live trading account with OneRoyal?

Yes.

By applying for a live trading account incomplete the online application on the OneRoyal website.

 

Which live trading accounts does OneRoyal offer?

  • Zero Classic Account – minimum deposit of US Dollar 50, spreads from 1.4 pips and zero commissions.
  • Zero Premium Account – minimum deposit of US Dollar 20,000, spreads from 1 pip and zero commissions.
  • VIP Premium Account – minimum deposit of US Dollar 100,000 and more, spreads from 0.6 pips and zero commissions.
  • Core Classic Account – minimum deposit of US Dollar 50, spreads from 0.0 pips and commissions of US Dollar 7 charged on trades.
  • Core Premium Account – minimum deposit of US Dollar 20,000, spreads from 0.0 pips and commissions of US Dollar 5 charged on trades.
  • Core VIP Account – minimum deposit of US Dollar 100,000 and more, spreads from 0.0 pips and commissions of US Dollar 3.5 charged on trades.

 

What are the available deposit currencies for a live trading account?

  • USD
  • EUR
  • AUD
  • GBP
  • CAD, and more

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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