OneRoyal: Regulated in Some Countries, Warned by Others

When choosing a broker in the online trading world, its important to check who regulates them and what kind of services they are allowed to offer. OneRoyal is a broker operating in different countries and holding several licences from recognised regulators. However, some details raise concerns that traders should not ignore.

According to WikiFX, a global broker regulatory query platform, OneRoyal has a WikiScore of 6.24 out of 10. This rating is based on several factors such as regulation, trading conditions, software, risk control, and business practices.

OneRoyal currently holds licences from the following regulators:

• Australian Securities & Investment Commission (ASIC)

Licence No. 000420268 – Institution Forex Licence (Market Maker)

Status: Regulated

While the licence is valid, it is important to note that this licence only covers institutional trading. This means OneRoyal is not allowed to offer services to retail or individual clients under this licence. Traders should be aware that opening an account as a retail trader under this licence is not permitted.

• Cyprus Securities and Exchange Commission (CySEC)

Licence No. 312/16 – Straight Through Processing (STP)

Status: Regulated

This licence allows OneRoyal to operate in the European Economic Area and offer STP trading, where client orders are passed directly to the market without dealer intervention.

• Vanuatu Financial Services Commission (VFSC)

Licence No. 700284 – Retail Forex Service

Vanuatu is an offshore jurisdiction. While it does provide a legal licence, the regulatory standards are generally not as strong as those in Europe or Australia.

It is important to note that OneRoyal has been publicly listed by The Securities Commission Malaysia, which serves as a warning to traders. This kind of disclosure may suggest the broker has been offering services in Malaysia without proper approval. Traders should approach this with caution and ensure they are dealing with the correct licensed entity for their region.

OneRoyal is a broker with multiple licences, but each comes with its own limitations. While it holds a valid CySEC licence for STP trading in Europe and is registered in Vanuatu for retail services, the Australian ASIC licence does not allow them to serve individual investors.

Combined with the warning from Malaysian authorities, traders are strongly encouraged to do their own research and fully understand which entity they are dealing with before opening an account. A WikiScore of 6.24 reflects an average level of reliability, but careful attention is needed, especially for those seeking secure and transparent trading environments.