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

Royal Broker Review 2026: A Comprehensive Look for Japan Traders

Royal offers a solid trading environment for Japan traders with its ASIC and FSA regulation, low barriers to entry, and popular platforms like MT4 and MT5. However, the lack of an Islamic account and copy trading may be drawbacks for some. It is a decent choice for experienced retail forex traders in Japan who prioritize low costs and leverage.
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 Japan Traders

  • Regulated by ASIC, providing strong client fund protection for Japan traders.
  • $0 minimum deposit makes it easy for beginners in Japan to start trading.
  • Offers MT4 and MT5 platforms, which are the most popular among Japanese retail traders.
  • Supports local payment methods like Bank Transfer, Skrill, and USDT for convenient deposits.
  • High maximum leverage of 1:500, attractive for scalpers and short-term traders in Japan.

CONS for Japan Traders

  • No Islamic (swap-free) account, which is a problem for Muslim traders in Japan.
  • Lacks copy trading features, limiting social trading opportunities for Japanese beginners.
  • Educational resources are only in English, not tailored for Japanese-speaking traders.
  • Customer support hours may not fully align with Japan Standard Time, causing delays.
📅
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 — Japan
  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 Japan

Royal is an online forex and CFD broker founded in 2009 and headquartered in Australia. Over the years, it has grown to serve retail traders globally, including a notable presence in Japan. For Japan traders, Royal stands out due to its low entry barrier—$0 minimum deposit—and its support for local payment methods such as Bank Transfer, Skrill, and USDT (USDT). The broker offers a maximum leverage of 1:500, which is attractive for retail forex traders in Japan looking to amplify their positions. Royal provides the industry-standard MetaTrader 4 and MetaTrader 5 platforms, ensuring a familiar and powerful trading environment. While it lacks certain features like Islamic accounts and copy trading, its regulatory oversight from ASIC and FSA provides a level of trust. This review will help Japan traders decide if Royal aligns with their trading goals.

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 Japan?

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

Royal does not offer an Islamic (swap-free) account. This means that all accounts incur swap or rollover interest on positions held overnight, which is not compliant with Sharia law. For Muslim traders in Japan who require swap-free accounts, Royal is not a suitable option. They would need to look for other brokers that provide genuine Islamic accounts with no hidden fees or conditions. Some brokers offer swap-free accounts for all clients, but Royal has not implemented this feature. It is recommended that affected traders contact Royal's support to confirm if any alternative arrangements are possible, but as of this review, no such account exists.

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 Japan

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

Customer Support — Japan Review

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

Common Mistakes Japan Traders Make with Royal

  • Mistake: Not verifying Royal's ASIC license on the official register before depositing. Japan traders should always check the license status to avoid scams.
  • Mistake: Assuming the $0 minimum deposit means no cost at all. While you can open an account for free, you still need to deposit funds to trade actively, and some account types may have hidden minimums.
  • Mistake: Ignoring the lack of Islamic account if you are a Muslim trader. Many traders accidentally open a standard account and incur swap fees, which violates Sharia principles. Always confirm account types before funding.
🔍

Royal vs Competitors in Japan

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

Final Verdict — Is Royal Worth It for Japan Traders?

3.9/5
★★★★★

Royal is a reliable broker for Japan traders who are comfortable with English-language support and do not require an Islamic account. Its ASIC regulation provides a strong safety net, and the $0 minimum deposit lowers the barrier to entry. The availability of MT4 and MT5 ensures a familiar trading experience, and the support for Bank Transfer, Skrill, and USDT makes funding easy. However, the lack of copy trading and limited educational materials in Japanese may be drawbacks for some. Overall, Royal is recommended for experienced retail forex traders in Japan who prioritize low costs, high leverage, and a straightforward trading environment. Beginners should consider using the demo account first to test the waters.

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FAQ — Royal for Japan Traders

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