OneRoyal vs Spec Markets
Both of these regulated forex brokers have built a positive reputation, and feedback from our members supports that.
That said, OneRoyal currently holds a lower overall rating (4.1) compared to Spec Markets (4.7).
OneRoyal has a lower minimum deposit, at 5.0.
Both platforms offer their clients demo accounts, scalping.
Traders should note that
both companies offer the same minimum lot size 0.01, but OneRoyal has a maximum lot size of 50.0, while Spec Markets offers 100.0.
Each broker offers an equal maximum leverage of 1:1000.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
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Overall Rating:
Platform:
Pricing:
Customer service:
Features:
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| Minimum deposit ($) | 5.0 | 100.0 |
| Commission | 0.0 | 0.0 |
| Accepting US clients? | ||
| Swap free accounts | ||
| Segregated accounts | ||
| Interest on margin | ||
| Managed accounts | ||
| Accounts for money managers (MAM, PAMM) | ||
| One click trading | ||
| API | ||
| OCO orders | ||
| Trading over the phone | ||
| Hedging allowed | ||
| Trailing stops | ||
| Mobile trading | ||
| Scalping allowed | ||
| Bonuses | ||
| Demo Accounts | ||
| Web based trading | ||
| Contests | ||
| Decimals | 4 | 5 |
| Minimum lot size | 0.01 | 0.01 |
| Maximum lot size | 50.0 | 100.0 |
| Spread | Variable | Variable |
| Broker type | Dealing Desk, STP, ECN | ECN |
| Maximal leverage (1:?) | 1000 | 1000 |
| Availability | Dealing Desk, STP, ECN | ECN |
| Regulation | CySEC (Cyprus), ASIC (Australia), VFSC (Vanuatu) | FSCA (South Africa), FSC (Mauritius) |
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), MT4 MultiTerminal, PU Copy Trading | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Funding/Withdrawal methods | Wire Transfer, Credit Card, Western Union, Neteller, UnionPay, Skrill, POLi, Multiple local methods | Wire Transfer, Credit Card, Debit Card |
| Account Currency | USD, EUR, CHF | USD, GBP, EUR |
| Languages | English, Spanish, French, Portuguese, Chinese, Polish, Indonesian, Malay, Thai, Arabic, Vietnamese, Farsi | English, Spanish, French, German, Japanese |
| Country | Saint Vincent and the Grenadines | Mauritius |
| Trading platform(s) timezone | Australia, Cyprus, Iran, Lebanon, Vanuatu, Saint Vincent and the Grenadines | Mauritius, South Africa |
| Other trading instruments | Indices, Commodities, Shares, CFDs, ETFs | Indices, Cryptocurrency, Precious Metals, Forex, CFDs: Indices, Commodities, Energies |
| spreads | ||
| EUR/USD | - | - |
| GBP/USD | - | - |
| USD/JPY | - | - |
| USD/CAD | - | - |
| XAU/USD | - | - |
