Brokerpoint
Royal
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Basic data of broker
Recommended for Investors and traders from Europe interested in global markets
Recommended for Traders looking for low forex fees and preferring the MetaTrader platform
Germany
Australia
Fees
Low trading and non-trading fees
Low forex, but high CFD fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
3
12
Deposit type
Withdrawal type
Account opening
$0
$50
>3 days
1 day
Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill / driver's license / credit card statement
Proof of identity: valid passport or government ID, AND a driving license Proof of residency: utility bills, bank or credit card statement, tenancy contract or a residency certificate
Trading platform
Markets and products
Disclaimer: 60.0% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Disclaimer: 86.67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Research, education
Great
Mid-range
Customer service
Security
€20,000
€20,000 for clients under CySEC
2017
2006
Ireland
Australia, Cyprus, Lebanon, Saint Vincent and the Grenadines, Vanuatu
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
Brokerpoint's service is on par with Royal's and a comparison of their fees shows that Brokerpoint's fees are slightly lower than Royal's.
Account opening takes considerably more effort at Brokerpoint compared to Royal, deposit and withdrawal processes are more complicated at Brokerpoint, while customer service quality is considerably lower than Royal's.
Our experts rated the trading platform of Brokerpoint as being of the same quality as the platform of Royal, found that clients have access to much more markets and products with Brokerpoint, while Royal provides somewhat better research and education.