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

Royal Broker Review 2026: A Comprehensive Look for Malta Traders

Royal is a well-established broker with a solid track record since 2009, offering competitive spreads and high leverage up to 500:1. For Malta traders, the lack of local regulation (MFSA) is a notable concern, but the ASIC oversight provides a degree of security. It's a decent choice for experienced traders who prioritise low costs and flexible deposits, but beginners may prefer a local broker.
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 Malta Traders

  • No minimum deposit requirement, ideal for Malta beginners.
  • Competitive spreads from 0.0 pips on ECN account.
  • Accepts Malta-friendly payment methods: Bank Transfer, Skrill, USDT.
  • Regulated by ASIC, a top-tier regulator.
  • High leverage up to 500:1 for experienced traders.

CONS for Malta Traders

  • Not regulated by the MFSA, so no local investor protection.
  • No Islamic (swap-free) account available for Muslim traders.
  • Limited educational resources compared to competitors.
  • No cTrader or TradingView platforms.
📅
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 — Malta
  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 Malta

Royal is a global forex and CFD broker founded in 2009 and headquartered in Sydney, Australia. Over the years, it has built a reputation for offering tight spreads, high leverage (up to 500:1), and a user-friendly trading environment. For Malta-based retail forex traders, Royal provides access to major, minor, and exotic currency pairs, as well as commodities, indices, and cryptocurrencies. The broker supports popular payment methods in Malta, including Bank Transfer (SEPA), Skrill, and USDT, making deposits and withdrawals convenient. However, it is important to note that Royal is not regulated by the Malta Financial Services Authority (MFSA), which means Malta traders are not covered by the local investor compensation scheme. Despite this, the broker's long operating history and ASIC regulation offer a reasonable level of trust. The platform focuses on low-cost trading with competitive spreads and no minimum deposit, making it attractive for both new and experienced traders in Malta.

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 Malta?

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

Royal does not offer an Islamic (swap-free) account. This means that all positions held overnight are subject to swap fees, which are based on the interest rate differential between the two currencies in the pair. For Muslim traders in Malta who require Sharia-compliant trading, this is a significant drawback. Some brokers in the region offer genuine swap-free accounts with no hidden fees, but Royal is not one of them. If you are a Malta-based Muslim trader, you should consider alternative brokers that explicitly offer Islamic accounts and are regulated locally.

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 Malta

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

Customer Support — Malta Review

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

Common Mistakes Malta Traders Make with Royal

  • Mistake: Assuming Royal is MFSA-regulated. Many Malta traders mistakenly think Royal is regulated locally. Always check the regulator on the broker's website and verify on the ASIC register.
  • Mistake: Ignoring currency conversion fees. Depositing EUR via Skrill or bank transfer will be converted to USD, often at a poor rate. Use USDT to avoid conversion fees.
  • Mistake: Using high leverage without understanding the risks. The 500:1 leverage can amplify losses quickly. Malta traders should use lower leverage, especially when trading volatile pairs.
🔍

Royal vs Competitors in Malta

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

Final Verdict — Is Royal Worth It for Malta Traders?

3.9/5
★★★★★

Royal is a solid choice for Malta traders who are experienced and comfortable with offshore regulation. The broker offers excellent trading conditions with low spreads, high leverage, and flexible deposit methods like Skrill and USDT. However, the absence of MFSA regulation and an Islamic account are significant downsides for some traders. Beginners may prefer a locally regulated broker with more educational support. Overall, if you are a cost-conscious trader who values low spreads and doesn't need local protection, Royal is worth considering. For most retail traders in Malta, we recommend weighing the pros and cons carefully before depositing.

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FAQ — Royal for Malta Traders

Is Royal safe for Malta traders?+
How can I deposit money in Royal from Malta?+
Does Royal have Islamic account?+
What is the minimum deposit for Royal in Malta?+
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.
Open Royal Account
Regulated · Malta
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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