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Alison Heyerdahl
Edited by Alison Heyerdahl
Author

roinvesting Broker Review

3.33
/ 5
Min deposit
USD 250
Regulated By
CySEC
Trading Cost
USD 28
Leverage
30:1
Copy Trading
Yes
Platforms
MT4, WebTrader
Instruments
Commodities, Cryptocurrencies, Stock CFDs, Forex, Indices

Pros

  • Well regulated
  • Great platform choice
  • Excellent education

Cons

  • Limited demo account
  • Non-transparent spreads
  • High minimum deposit
  • Expensive withdrawals
Trust Rating
4
Trading Conditions
2
Platforms
4
Education
4.5
Beginner Friendly
2
Assets Available
4
Analysis Research
5
Deposit & Withdrawal
1
Overall Rating
3.33
/ 5
Base Currencies
USD, EUR
Number of FX Pairs
50
Crypto Pairs
34
Copy Trading
Yes
Hedging Allowed
Yes
Scalping Allowed
No
Islamic Acct
Yes
Account Name
Commission
Fees Included in Spread
EUR/USD
0.70
GBP/USD
1.30
USD/JPY
0.80
Negative Balance Protection
No
Company Name
Royal Forex Ltd
Founded
2015
Website Language
English
Support Language
English
Office Locations
Cyprus
Support Email Address

Deposit & Withdrawal

skrill
banktransfer
neteller
trustly
decta
wirecard
paypal
visa
mastercard

Supported Platforms

Best MT4 Forex Brokers
WebTrader

Meet the Experts Behind Our Unbiased Reviews

Chris Cammack

Head of Content

Chris Cammack

Head of Content at FxScouts since 2019, Chris Cammack ensures all content meets our high standards of quality and clarity, shaping editorial guidelines and overseeing broker reviews. Chris brought 10 years of experience in research, editorial, and design for political and financial publications, and has a deep knowledge of international financial markets and geo-politics. He co-hosts the "Let's Talk Forex" podcast with Alison and writes for the news section on a regular basis.

Alison Heyerdahl

Senior Financial Writer

Alison Heyerdahl

Alison joined the team as a writer in 2021. She is the Senior Financial Writer for FxScouts. She has a medical degree with a focus on physiotherapy and a bachelor's in psychology. However, her interest in forex trading and her love for writing led her to switch careers. She has a passion for Forex trading and over a decade of editorial experience researching Forex and the financial services industry, producing high-quality content. She hosts a weekly podcast, "Let's Talk Forex", alongside Chris and has produced over 100 Forex educational videos for the FxScouts YouTube channel. She also writes weekly technical analyses and has tested and reviewed over 100 Forex brokers.

Ida Hermansen

Financial Writer

Ida Hermansen

Ida is a financial writer with a degree in Digital Marketing and a strong background in content writing and SEO. Her expertise extends beyond marketing and writing, with a keen interest in cryptocurrencies and blockchain networks. Ida's passion for crypto trading sparked a deeper fascination with Forex technical analysis and price movement. She is continually expanding her knowledge in Forex trading, staying informed about the latest trends and identifying the best trading environments for new traders.

Stefan de Clerk

Financial Writer

Stefan de Clerk
The newest member of our team, Stefan has a degree in Marketing and more than a decade of experience writing quality content in both finance and tech. Stefan's deep fascination with how factors like geopolitical events, big data and market sentiment influence the financial markets drives his passion for Forex trading. He believes that if you want to feel the pulse of the world economy, trade Forex, and if you want to trade Forex, you need well-researched, unbiased and objective information.

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