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

Royal Broker Review 2026: A Complete Guide for Sweden Traders

Royal (3.9/5) offers a solid, low-cost trading environment for Sweden traders with zero minimum deposit and MT4/MT5. However, the lack of a local regulator (only ASIC/FSA) and no Islamic account are notable drawbacks. Best for experienced traders who prioritize low costs over local oversight.
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 Sweden Traders

  • Zero minimum deposit – accessible for all Sweden traders
  • MT4 and MT5 platforms available – industry standard
  • Accepts Skrill and USDT – convenient for Sweden traders
  • High leverage up to 1:500 – suitable for experienced traders
  • Long track record since 2009

CONS for Sweden Traders

  • Not regulated by Swedish FI – no local investor compensation
  • No Islamic account – not suitable for Sweden Muslim traders
  • No cTrader or TradingView platforms
  • Limited educational resources for beginners
📅
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 — Sweden
  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 Sweden

Founded in 2009 and headquartered in Australia, Royal has grown into a global forex broker serving retail traders in over 100 countries, including Sweden. With an overall score of 3.9/5, Royal appeals to Sweden traders through its zero minimum deposit, high leverage up to 1:500, and the popular MetaTrader 4 and 5 platforms. The broker supports local payment methods such as Bank Transfer (SEPA), Skrill, and USDT, making it convenient for Swedish traders to fund accounts. However, Royal is not regulated by the Swedish Financial Supervisory Authority (FI), meaning Sweden traders do not have access to the local investor compensation fund. Despite this, the broker's long track record and ASIC/FSA regulation provide a reasonable level of trust. Royal is best suited for Sweden traders who prioritize low entry barriers and advanced trading platforms over local regulatory protection.

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 Sweden?

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

Royal does not offer Islamic (swap-free) accounts. This is a significant limitation for Sweden Muslim traders who require Sharia-compliant trading accounts that do not charge or pay overnight interest (swap). Some brokers claim to offer swap-free accounts but charge hidden fees; Royal does not have this option at all. Sweden Muslim traders should look for brokers that provide genuine Islamic accounts with no swap fees and no hidden charges. Royal's standard accounts will incur swap fees on positions held overnight, which is not permissible under Islamic finance principles. If you require a swap-free account, consider alternative brokers that cater specifically to Muslim traders.

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 Sweden

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

Customer Support — Sweden Review

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

Common Mistakes Sweden Traders Make with Royal

  • Mistake: Assuming Royal is regulated in Sweden. Always verify the license on the ASIC register and understand that you are not covered by the Swedish investor compensation fund.
  • Mistake: Using the Standard account for high-volume trading. The ECN account offers lower spreads and is more cost-effective for frequent traders.
  • Mistake: Expecting Swedish language support. Royal's support is in English only, so prepare to communicate in English for any issues.
🔍

Royal vs Competitors in Sweden

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

Final Verdict — Is Royal Worth It for Sweden Traders?

3.9/5
★★★★★

Royal is a decent broker for Sweden traders who value low entry barriers and advanced trading platforms. The zero minimum deposit and MT4/MT5 support are strong selling points. However, the lack of regulation by the Swedish Financial Supervisory Authority (FI) is a significant drawback, as it means no access to the Swedish Investor Compensation Scheme. Royal is best suited for experienced Sweden traders who are comfortable with offshore regulation and prioritize low trading costs. Beginners or risk-averse traders may prefer a broker with local FI regulation. Overall, Royal earns a 3.9/5 rating – recommended with caution for Sweden traders who understand the regulatory risks.

Open Royal Account

FAQ — Royal for Sweden Traders

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