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

Royal Broker Review 2026: A Comprehensive Guide for Saudi Arabia Traders

Royal offers a solid trading environment for Saudi Arabia traders with low minimum deposit, MT4/MT5 platforms, and multiple local payment methods. However, the lack of an Islamic account and absence of local regulation may be drawbacks for some. It's best suited for experienced traders who prioritize low costs and flexible 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 Saudi Arabia Traders

  • $0 minimum deposit – ideal for Saudi beginners
  • Accepts USDT, Skrill, and Bank Transfer from Saudi banks
  • MT4 and MT5 platforms available with fast execution
  • High leverage up to 500:1 for experienced traders
  • Regulated by ASIC (Tier-1) for added security

CONS for Saudi Arabia Traders

  • No Islamic account – problematic for Muslim traders in Saudi Arabia
  • Not regulated by SAMA or CMA – no local protection
  • Limited educational resources for beginners
  • No Arabic customer support
📅
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 — Saudi Arabia
  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 Saudi Arabia

Royal is a forex and CFD broker founded in 2009, headquartered in Australia, and serving clients globally, including Saudi Arabia. With an overall score of 3.9, it offers competitive trading conditions such as a $0 minimum deposit, maximum leverage up to 500:1, and access to MetaTrader 4 and 5 platforms. For Saudi Arabia traders, Royal provides payment methods like Bank Transfer, Skrill, and USDT, making it easy to fund accounts in USD. The broker's long history and dual regulation (ASIC and FSA) add to its credibility. However, the absence of an Islamic account and local regulation may be concerns for some. Royal is particularly suitable for retail forex traders seeking low entry barriers and flexible leverage.

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 Saudi Arabia?

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

Royal does not offer an Islamic (swap-free) account. This means that Muslim traders in Saudi Arabia who require Sharia-compliant trading, where no interest (riba) is charged or earned on overnight positions, will not find this option here. Some brokers provide genuine swap-free accounts with no hidden fees, but Royal is not one of them. Saudi traders seeking Islamic accounts should consider alternative brokers that explicitly offer swap-free conditions and are transparent about their policies.

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 Saudi Arabia

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

Customer Support — Saudi Arabia Review

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

Common Mistakes Saudi Arabia Traders Make with Royal

  • Mistake: Not verifying Royal's regulatory status before depositing funds. Always check ASIC or FSA registers to ensure the broker is active.
  • Assuming Royal offers an Islamic account without confirming. Since they don't, Muslim traders should avoid overnight positions or look elsewhere.
  • Using Bank Transfer for small deposits due to longer processing times. Opt for USDT or Skrill for instant funding.
  • Ignoring the commission on ECN accounts. Saudi traders should calculate total costs including spreads and commissions before choosing an account type.
🔍

Royal vs Competitors in Saudi Arabia

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

Final Verdict — Is Royal Worth It for Saudi Arabia Traders?

3.9/5
★★★★★

Royal is a decent broker for Saudi Arabia traders who value low entry costs and flexible leverage. The $0 minimum deposit and multiple payment methods make it accessible. However, the lack of an Islamic account and absence of local regulation are significant downsides for many. It is best suited for experienced retail forex traders who do not require swap-free trading and are comfortable with offshore regulation. If you are a beginner or a Muslim trader seeking Sharia-compliant options, you may want to explore other brokers. Overall, Royal offers a balanced package but has clear limitations for the Saudi market.

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FAQ — Royal for Saudi Arabia Traders

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