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

Royal Broker Review 2026: A Comprehensive Guide for North Macedonia Traders

Royal is a reliable broker for North Macedonia traders, offering low minimum deposit and high leverage up to 1:500. However, the lack of local regulation and Islamic account may be drawbacks for some. Overall, a solid choice for experienced retail forex traders looking for MT4/MT5 platforms and competitive spreads.
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 North Macedonia Traders

  • Low minimum deposit ($0) makes it accessible for North Macedonia traders
  • High leverage up to 1:500 allows for greater market exposure
  • Regulated by ASIC, providing strong client fund protection
  • Local payment methods: Bank Transfer, Skrill, and USDT
  • Competitive spreads from 0.0 pips on ECN account

CONS for North Macedonia Traders

  • Not regulated by the local financial authority in North Macedonia, so no local investor protection
  • No Islamic account for Muslim traders
  • No copy trading or social trading features
  • Customer support only in English, no Macedonian language option
📅
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 — North Macedonia
  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 North Macedonia

Royal is a well-established forex broker founded in 2009 and headquartered in Australia. With an overall score of 3.9 out of 5, it serves retail traders worldwide, including those in North Macedonia. The broker offers low minimum deposit ($0), high leverage up to 1:500, and popular trading platforms MT4 and MT5. For North Macedonia traders, Royal provides localized payment methods such as Bank Transfer, Skrill, and USDT, making deposits and withdrawals convenient. While Royal is regulated by ASIC and FSA, it is not regulated by the local financial authority in North Macedonia, which means traders should exercise caution. The broker is particularly suitable for experienced retail forex traders who value low spreads and high leverage. However, the lack of an Islamic account and copy trading may be limiting for some. Overall, Royal offers a competitive trading environment for North Macedonia residents who are comfortable with offshore regulation.

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 North Macedonia?

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

Royal does not offer an Islamic (swap-free) account. This means that North Macedonia Muslim traders who require Sharia-compliant trading will not be able to use this broker without incurring swap fees on overnight positions. If you are looking for a swap-free account, we recommend considering other brokers that provide genuine Islamic accounts with no hidden fees. Royal's lack of this option is a significant drawback for the Muslim community in North Macedonia.

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 North Macedonia

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

Customer Support — North Macedonia Review

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

Common Mistakes North Macedonia Traders Make with Royal

  • Mistake: Not verifying Royal's ASIC license before depositing. Always check the license number on the ASIC register to avoid scams.
  • Mistake: Using the Standard account when you are an active trader. The ECN account with lower spreads is more cost-effective for frequent trading.
  • Mistake: Ignoring the withdrawal fees from your bank or Skrill. Check with your provider for any charges to avoid surprises.
🔍

Royal vs Competitors in North Macedonia

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

Final Verdict — Is Royal Worth It for North Macedonia Traders?

3.9/5
★★★★★

Royal is a solid broker for North Macedonia traders who are experienced and comfortable with offshore regulation. The low minimum deposit, high leverage, and competitive spreads make it attractive for active forex traders. The availability of MT4 and MT5 platforms ensures a professional trading experience. However, the lack of local regulation and Islamic account are significant drawbacks. For beginners, we recommend starting with a demo account to test the broker. Overall, Royal is best for North Macedonia traders who prioritize low costs and high leverage over local regulation. If you are a Muslim trader or prefer a locally regulated broker, consider alternatives.

Open Royal Account

FAQ — Royal for North Macedonia Traders

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