Royal
TradeZero
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Basic data of broker
Recommended for Traders looking for low forex fees and preferring the MetaTrader platform
Recommended for Investors and traders interested in commission-free trading and a focus on US stocks and options.
Australia
USA and Bahamas
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
12
1
Deposit type
Withdrawal type
Account opening
$50
$250
1 day
1 day
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
Proof of identity: national ID / driver's license Proof of residency: recent Bank Statement, Utility Bill, Lease for Property, Rental Agreement or Proof of Insurance
Trading platform
Markets and products
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
Mid-range
Great
Customer service
Security
€20,000 for clients under CySEC
cash up to $250,000 at TradeZero International
2006
2015
Australia, Cyprus, Lebanon, Saint Vincent and the Grenadines, Vanuatu
Bahamas, United States
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.
Royal's service is on par with TradeZero's and a comparison of their fees shows that Royal's fees are higher than TradeZero's.
Account opening takes about the same effort at Royal compared to TradeZero, deposit and withdrawal processes are much more seamless at Royal, while customer service quality is similar to TradeZero's.
Our experts rated the trading platform of Royal as being of the same quality as the platform of TradeZero, found that clients have access to about the same number of markets and products with Royal, while TradeZero provides less useful research and education.