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

Royal Broker Review 2026: Is It Safe for Indonesia Traders?

Royal is a decent choice for Indonesia traders seeking an OJK-regulated broker with zero minimum deposit and local payment methods like GoPay and OVO. However, the lack of an Islamic account and copy trading may disappoint some users. Overall, it's a solid mobile-first option for beginners, but advanced traders may find better value elsewhere.
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 Indonesia Traders

  • Regulated by OJK, providing local trust for Indonesia traders
  • Zero minimum deposit, ideal for beginners
  • Accepts GoPay, OVO, and USDT for easy deposits
  • Mobile-first platforms (MT4/MT5) optimized for Indonesia internet
  • High leverage up to 500:1

CONS for Indonesia Traders

  • No Islamic account, limiting options for Muslim traders
  • No copy trading feature for passive investors
  • Limited educational resources compared to competitors
  • Customer support not available 24/7
📅
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 — Indonesia
  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 Indonesia

Royal is a forex and CFD broker founded in 2009 and headquartered in Australia. Over the years, it has expanded its services to cater to traders in Southeast Asia, including Indonesia. With an overall score of 3.9 out of 5, Royal offers a balanced mix of features for both beginners and experienced traders. For Indonesia traders, the broker stands out due to its OJK regulation, which adds a layer of local trust and compliance. The broker supports mobile-first trading through MT4 and MT5, which is crucial for Indonesia's smartphone-heavy user base. Royal also accepts local payment methods like GoPay, OVO, and USDT, making deposits and withdrawals seamless for local users. While it does not offer Islamic accounts or copy trading, its zero minimum deposit and high leverage of up to 500:1 are appealing. Overall, Royal is a relevant option for Indonesia traders looking for a regulated broker with low entry barriers.

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 Indonesia?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for Indonesia 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 Indonesia 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
Indonesia 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 — Indonesia 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
Indonesia 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 — Indonesia Muslim Traders

Royal does not offer an Islamic (swap-free) account. This means that Muslim traders in Indonesia who require Sharia-compliant trading will incur swap (overnight interest) charges on positions held overnight. This is a significant drawback given Indonesia's large Muslim population. Some brokers offer genuine swap-free accounts with no hidden fees, but Royal is not one of them. If you are a Muslim trader, you may need to look for other OJK-regulated brokers that provide Islamic accounts. Royal's website does not mention any plans to introduce such an account in the near future.

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 Indonesia

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 Indonesia traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Indonesia 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 Indonesia traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — Indonesia Review

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

Common Mistakes Indonesia Traders Make with Royal

  • Mistake: Not verifying the OJK license number on the official OJK website before depositing funds. Always double-check to avoid scams.
  • Mistake: Assuming the zero minimum deposit means no costs at all. You still need to cover spreads and margin requirements to open trades.
  • Mistake: Using the standard account for high-frequency trading. The ECN account with lower spreads is more cost-effective for scalping.
🔍

Royal vs Competitors in Indonesia

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 Indonesia 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 Indonesia traders.
Product
May 2026
New instruments added for Indonesia traders
Royal has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is Royal Worth It for Indonesia Traders?

3.9/5
★★★★★

Royal is a reliable broker for Indonesia traders who prioritize OJK regulation and low entry barriers. Its zero minimum deposit, support for GoPay/OVO/USDT, and mobile-friendly MT4/MT5 platforms make it a convenient choice for beginners and casual traders. However, the lack of an Islamic account and copy trading may deter some users. The broker's spreads are average, and educational resources are basic. Overall, Royal is recommended for Indonesia traders who want a regulated, low-cost broker to start forex trading. For advanced traders or those needing Islamic accounts, other brokers may be more suitable.

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FAQ — Royal for Indonesia Traders

Is Royal safe for Indonesia traders?+
How can I deposit money in Royal from Indonesia?+
Does Royal have Islamic account?+
What is the minimum deposit for Royal in Indonesia?+
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 · Indonesia
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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