Worked example
Practising on OneRoyal's numbers
This is an exercise sheet, not a review. We are going to take three things that OneRoyal publishes — a spread, a ladder of account types and a list of licences — and turn each of them into something you can do arithmetic with. By the end you should be able to repeat the whole exercise on any firm you come across, which is the actual skill being taught.
The figures we are working from
Nothing below is our estimate. Where a firm has not published something, or we could not read it on a source we trust, the box says so instead of guessing — a habit worth copying when you build your own broker notes.
Exercise one — turn the spread into money
Nothing to compute here
OneRoyal does not publish a EUR/USD spread we were able to verify, so there is no honest arithmetic to do on this page. Do not substitute a number you read on a comparison site: an unverified spread quietly becomes an unverified cost, and then an unverified plan. Use one of the other examples on the practice index for this exercise and come back to this file for the account ladder below.
Exercise two — read the account ladder
Account tiers are a pricing structure dressed as a status ladder. OneRoyal offers 0 rungs. Read them as a question — what does each rung ask of me, and what does it give back? — rather than as a set of prizes to climb towards.
Exercise three — what this licence list means for you
A long licence list is not automatically a good sign. What matters to a beginner is a narrower question: which entity would hold my money, and who supervises that entity? Those are often not the same as the impressive name at the top of the list. Here are OneRoyal's lines, each with a plain reading.
Licence standing: Top-tier licence in force · 3 in force (1 top-tier, 1 mid-tier, 1 offshore) · last checked September 2026
| Regulator | Entity on the register | Number | What that means for a beginner |
|---|---|---|---|
| ASIC · Australia | Royal Financial Trading Pty Ltd | AFSL 420268 | a top-tier regulator: compensation scheme, capital rules and a public register you can search yourself |
| CySEC · Cyprus | Royal Financial Trading (CY) Ltd | 312/16 | a mid-tier regulator: real supervision and a register, usually with a smaller or capped compensation scheme |
| VFSC · Vanuatu | Royal CM Limited | 700284 | an offshore registration: a company exists and pays a fee, but expect little practical recourse from that entity |
| FSA SVG (company registration only) · Saint Vincent and the Grenadines | Royal ETP LLC | 149LLC2019 | an offshore registration: a company exists and pays a fee, but expect little practical recourse from that entity |
How to use that table
1 of these lines is top-tier, held by Royal Financial Trading Pty Ltd. If you are onboarded to a different entity than those, the protections attached to the top-tier line are not yours, however prominently the regulator's initials appear in the marketing. 1 line is an offshore registration; treat it as a company address rather than as supervision.
The record behind these numbers
- OneRoyal's own licences page states Royal Financial Trading Pty Ltd is ASIC-licensed (AFSL 420268, Sydney) and Royal Financial Trading (CY) Ltd is CySEC-licensed (312/16, Limassol).
- The same page states Royal CM Limited is regulated by the Vanuatu Financial Services Commission (VFSC) with licence number 700284, and that oneroyal.com is operated by Saint Vincent-registered Royal ETP LLC (company number 149LLC2019).
- The site's segregation statement says client funds are held in a separate client trust account that cannot be used for OneRoyal's operational purposes.
- OneRoyal is a member of The Financial Commission (FinaCom); the Commission's Compensation Fund provides coverage of up to EUR 20,000 per client for clients of listed member brokers.
- EU visitors on oneroyal.com are redirected to oneroyal.eu, operated under the CySEC entity.
What we could not verify
The following are unconfirmed and are deliberately left blank rather than estimated: founded: not verified (brand claims 20 years, unverified); hq: group HQ not verified from a primary source; minDeposit: not verified; maxLeverage: not verified; spreadEurusd: not verified; accountTypes: not verified; instruments: not verified from a legal page; negativeBalanceProtection: not verified; publiclyListed: no listing status verified. Confidence in this file overall: High. When you build your own notes on a firm, keep a list like this one — the gaps are more useful than the figures, because they tell you what to go and check.
Run the same exercise on another firm
pipdojo.com does not rank brokers, does not award badges and does not tell you where to open an account. This page exists so the arithmetic you learn in the curriculum has real numbers to bite on.