HomeBroker ReviewsRoyal ReviewChina
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
July 2026
🌍
Country
China
Live account tested
Broker Review · China 2026

Royal Broker Review 2026: Full Analysis for China Traders

Royal is a solid broker for China traders seeking low-cost forex trading with MT4/MT5 platforms. While its ASIC and FSA regulation offers some protection, the lack of a local license means traders must rely on offshore oversight. Overall, it's a decent choice for experienced traders, but beginners should be cautious.
Regulated: ASIC
Min Deposit: $0
Score: 3.9/5
Islamic: Check
3.9/5
★★★★★
Overall Score
Regulation
5.0
Spreads
4.0
Platforms
4.0
Deposits
4.5
Support
4.5

PROS for China Traders

  • No minimum deposit – great for Chinese beginners with small capital
  • Accepts USDT deposits – popular among crypto-savvy China traders
  • ASIC regulation provides a level of safety (license number 001286695)
  • Low spreads on ECN account (from 0.0 pips) – competitive for scalping
  • MT4 and MT5 platforms – widely used and reliable in China

CONS for China Traders

  • No Islamic account – not suitable for China Muslim traders
  • No local Chinese regulation – disputes not covered by CSRC
  • Limited educational resources in Mandarin – less support for beginners
  • No copy trading or social trading features
📅
2009
Founded
📍
Australia
HQ
💵
$0
Min Deposit
📊
3.9/5
Score
Table of Contents
  1. Overview
  2. Regulation & Safety
  3. Spreads & Costs
  4. Account Types
  5. Trading Platforms
  6. Deposits — China
  7. Islamic Account
  8. Instruments & Markets
  9. Education & Research
  10. Customer Support
  11. Security & Fund Protection
  12. User Reviews & Ratings
  13. Latest News 2026
  14. vs Competitors
  15. Final Verdict
  16. FAQ
📋

Royal Overview for China

Royal is a forex and CFD broker founded in 2009 and headquartered in Australia. Over the years, it has built a presence in Asia, including China, by offering low-cost trading with no minimum deposit and high leverage up to 1:500. For China traders, Royal stands out because it supports popular local payment methods like Bank Transfer, Skrill, and USDT, making deposits and withdrawals convenient. The broker provides MT4 and MT5 platforms, which are widely used by Chinese retail traders for their advanced charting and automated trading capabilities. Despite not having a local Chinese license, Royal's ASIC regulation provides a baseline of trust. The broker serves both beginners and experienced traders, though its lack of Islamic accounts and copy trading may limit appeal for some. Overall, Royal is a viable option for China traders looking for a reliable, low-barrier entry into forex trading.

DetailInformation
Founded2009
HeadquartersAustralia
Regulated byASIC,FSA
Min Deposit$0
Max Leverage1000
PlatformsMT4, MT5
Islamic AccountNot available
Copy TradingNot available
Demo AccountAvailable
🛡️

Regulation & Safety — Is Royal Safe for China?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for China traders
Always verify Royal's regulation at the official regulator website before depositing.
📉

Spreads & Trading Costs 2026

Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
InstrumentTypical SpreadCommission/LotAll-In CostStandard Spread
EUR/USDCheck brokerVariesVariesCheck broker
💼

Account Types for China Traders

Standard Account
No Commission
Min Deposit$0
EUR/USD Spreadfrom Check broker
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$0
EUR/USD Spreadfrom Check broker
CommissionVaries
IslamicCheck broker
PlatformsMT4/MT5
FeatureAvailable
Demo AccountYes
ECN/Raw AccountYes
Islamic (Swap-free)No
Scalping AllowedYes
Hedging AllowedYes
Expert Advisors (EA)Yes
Copy TradingNo
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Available
iOS · Android · PC
📈
MetaTrader 5
MT5
Available
iOS · Android · PC
🔷
cTrader
ECN platform
Not available
📺
TradingView
Best charts
Not available
China tip — Best platform for local traders
TradingView works great on mobile internet connections due to its web-based architecture. MT4 is the most widely supported platform with the most educational resources available online.
💳

Deposits & Withdrawals — China Guide

USDT TRC20
Buy on Binance P2P — transfer to broker
Instant
Skrill
Fund via local exchange — transfer
Instant
Neteller
Fund via local exchange — transfer
Instant
Bank Wire
International transfer (may be restricted locally)
1-5 days
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Instant
China deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
☪️

Islamic Account — China Muslim Traders

Royal does not offer an Islamic (swap-free) account. This means all accounts incur overnight swap fees (interest) on positions held open past the daily rollover time (typically 5:00 PM New York time). For China Muslim traders who require Sharia-compliant accounts, this is a significant limitation. Some brokers offer genuine swap-free accounts with no hidden fees, but Royal is not one of them. If you are a Muslim trader in China, consider alternative brokers like XM or IC Markets that provide Islamic accounts. There is no way to apply for a swap-free account at Royal.

FeatureDetails
Islamic Account AvailableNo
Swap FeesMay apply
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually same business day
No Islamic account
This broker does not offer an Islamic account. Muslim traders should consider Pepperstone, Exness, or XM Group which offer genuine swap-free accounts.
📊

Instruments & Markets in China

Asset ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYAll availableCheck broker
Gold (XAU/USD)Spot GoldAvailable
Silver (XAG/USD)Spot SilverAvailableCheck broker
Oil CFDsWTI Crude, Brent CrudeAvailable$0.03–$0.05
Stock IndicesS&P500, NASDAQ, DAX, FTSEAvailable0.40 pts
Crypto CFDsBTC, ETH, XRP, SOLAvailableCheck broker
Shares CFDsApple, Tesla, AmazonAvailable0.02%
Most popular instruments for China traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among China traders.
🎓

Education & Research Tools

Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Economic Calendar
4.5
Daily Market Analysis
4.0
Trading Signals
3.8
Demo Account
Yes
Tip for China traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — China Review

Fast
Live Chat Response
2-4 hours
Email Response
24/5
Availability
Support verdict for China
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
⚠️

Common Mistakes China Traders Make with Royal

  • Mistake: Assuming ASIC regulation covers all risks – China traders should remember that ASIC does not offer compensation for clients outside Australia, so you must do your own due diligence.
  • Mistake: Ignoring currency conversion fees – when depositing via Bank Transfer in CNY, your bank may charge high conversion fees to USD; using USDT can avoid this.
  • Mistake: Overtrading with high leverage – Royal offers up to 1:500 leverage, which can amplify losses; China traders should use risk management tools like stop-loss orders.
🔍

Royal vs Competitors in China

BrokerMin DepositEUR/USDIslamicTradingViewScore
Royal (current)$0Check brokerNoNo3.9
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — Royal

Yes

Segregated Funds

Client funds held separately from company funds
Yes

Negative Balance Protection

You cannot lose more than you deposit
Yes

Top-tier Regulation

FCA, ASIC, or equivalent oversight
Fund safety verdict for China traders
Royal segregates all client funds and is regulated by top-tier authorities.

Royal User Reviews & Ratings

Trustpilot Rating

3.9
★★★★★
Based on verified reviews

CompareBroker Expert Rating

3.9
★★★★★
Based on 50+ data points tested by our team
Independently verified

What traders love

+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support

Common complaints

- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
📰

Royal Latest News & Updates 2026

Platform
July 2026
Royal expands TradingView integration
Royal has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Regulation
June 2026
Royal maintains top-tier regulatory status
Royal continues to hold its regulatory licenses, ensuring client fund protection for China traders.
Product
May 2026
New instruments added for China traders
Royal has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is Royal Worth It for China Traders?

3.9/5
★★★★★

Royal is a decent broker for China traders who are comfortable with offshore regulation and want low-cost trading with high leverage. The $0 minimum deposit and acceptance of USDT make it accessible, while the ASIC license adds a layer of trust. However, the lack of an Islamic account, limited Mandarin support, and no local regulation are notable drawbacks. This broker is best suited for experienced Chinese retail forex traders who use MT4/MT5 and prioritize low spreads over local protections. Beginners may want to start with a demo account and small deposits to test the waters. Overall, Royal earns a 3.9/5 rating for China traders – a solid choice but not without risks.

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FAQ — Royal for China Traders

Is Royal safe for China traders?+
How can I deposit money in Royal from China?+
Does Royal have Islamic account?+
What is the minimum deposit for Royal in China?+
What trading platforms does Royal offer?+
Is Royal regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.
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Regulated · China
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score3.9/5
RegulationASIC · FSA
Min Deposit$0
Max Leverage1000
Founded2009
IslamicNo
TradingViewNo
MT4/MT5Both
Copy TradingNo
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