MARKETS With global financial assets topping off at almost $1,000 trillion at the end of 2013, there are literally countless investment instruments and opportunities available on a daily basis. At Royal, we want to give you as much access as possible to help you realize your investment targets through a wide selection of financial products.
SPOT FX Take part in the largest intraday market in the world worth more than $5.3 trillion in daily turnover and profit today. With Over the Counter (OTC) trading, you are not limited to exchange timings or one sided trades which means the opportunities for profit are endless. Trading FX with ROYAL gives you the following advantages:
Spot Commodities Precious Metals and Oil are some of the most dynamic commodities in the world. Every day Commodities prices are affected by a multitude of factors which include supply and demand, geo-politics and economics, all of which come together to provide exciting daily opportunities. Make your portfolio shine with ROYAL through the following features:
CFD - Indices, Stocks, Bonds Contracts For Difference (CFD’s) are financial derivatives that allow you to take advantage of daily price movements of global commodities, energies, and shares and indices from your online platform. Trading CFDs means you can participate in global markets without taking on physical delivery of the underlying asset. Trade CFDs with ROYAL and benefit from the following:
STOCKS & ETFs Trading stocks with Royal enables you to become engaged in the world of global business and trade with the click of a button. Invest in companies across most of the major exchanges from defense to pharmaceuticals and reap the benefits of corporate growth and portfolio diversification. Stay on top of the stock market with the following from ROYAL:
OPTIONS Options are considered by many to be the ultimate dual use instruments for both hedging and speculation. Options allow you the right to purchase at a pre-determined price in the future for a small fee, greatly reducing your risk as well as providing the potential to rapidly boost your earnings. Reduce your investment risk by trading options with Royal:
FUTURES Futures have been known to be one of the oldest hedging instruments in the world. Today, the Futures market is one of the largest in the world bringing together suppliers and buyers in an attempt to mitigate price risk in commodities, currencies, indices, and energies whilst providing countless speculative opportunities. Stay one step ahead of the markets by trading Futures with ROYAL:
FX Majors Hide All Features  
Symbol
EURUSD
USDJPY
GBPUSD
USDCAD
USDCHF
AUDUSD
NZDUSD
Contract Size
100,000
100,000
100,000
100,000
100,000
100,000
100,000
Tick Size
0.0001
0.01
0.0001
0.0001
0.0001
0.0001
0.0001
Tick (PIP) Value
USD 10
JPY 1,000
USD 10
CAD 10
CHF 10
USD 10
USD 10
Min Spread (Standard)
0.6
1.0
1.0
1.0
1.0
0.8
1.2
Min Spread (Pro)
0.0
0.0
0.1
0.2
0.2
0.0
0.2
Margin
(as low as)
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
Execution Type
Market
Market
Market
Market
Market
Market
Market
Trading Hours
24 Hours
24 Hours
24 Hours
24 Hours
24 Hours
24 Hours
24 Hours
AUD Crosses Show All Features  
Symbol
AUDCAD
AUDCHF
AUDJPY
AUDNZD
Contract Size
100,000
100,000
100,000
100,000
Tick Size
0.0001
0.0001
0.01
0.0001
Tick (PIP) Value
CAD 10
CHF 10
JPY 1,000
NZD 10
Min Spread (Standard)
1.0
1.0
1.0
1.3
Min Spread (Pro)
0.1
0.3
0.1
0.3
Margin (as low as)
0.25%
0.25%
0.25%
0.25%
Execution Type
Market
Market
Market
Market
Trading Hours
24 Hours
24 Hours
24 Hours
24 Hours
EUR Crosses Show All Features  
Symbol
EURAUD
EURCAD
EURCHF
EURGBP
EURJPY
EURNZD
EURSEK
Contract Size
100,000
100,000
100,000
100,000
100,000
100,000
100,000
Tick Size
0.0001
0.0001
0.0001
0.0001
0.01
0.0001
0.0001
Tick (PIP) Value
AUD 10
CAD 10
CHF 10
GBP 10
JPY 1,000
NZD 10
SEK 10
Min Spread (Standard)
1.0
1.1
1.2
0.8
1.0
2.0
2.5
Min Spread (Pro)
0.3
0.3
0.3
0.1
0.1
1.2
1.5
Margin (as low as)
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
Execution Type
Market
Market
Market
Market
Market
Market
Market
Trading Hours
24 Hours
24 Hours
24 Hours
24 Hours
24 Hours
24 Hours
24 Hours
GBP Crosses Show All Features  
Symbol
GBPAUD
GBPCAD
GBPCHF
GBPJPY
GBPNZD
Contract Size
100,000
100,000
100,000
100,000
100,000
Tick Size
0.0001
0.0001
0.0001
0.01
0.0001
Tick (PIP) Value
AUD 10
CAD 10
CHF 10
JPY 1,000
NZD 10
Min Spread (Standard)
1.2
1.5
1.3
1.0
2.9
Min Spread (Pro)
0.3
0.5
0.3
0.2
1.9
Margin (as low as)
0.25%
0.25%
0.25%
0.25%
0.25%
Execution Type
Market
Market
Market
Market
Market
Trading Hours
24 Hours
24 Hours
24 Hours
24 Hours
24 Hours
USD Crosses Show All Features  
Symbol
USDCNH
USDMXN
USDNOK
USDSEK
USDSGD
USDZAR
Contract Size
100,000
100,000
100,000
100,000
100,000
100,000
Tick Size
0.0001
0.0001
0.0001
0.0001
0.0001
0.0001
Tick (PIP) Value
CHF 10
MXN 10
NOK 10
SEK 10
SGD 1,000
ZAR 10
Min Spread (Standard)
10.0
20.0
10.0
15.0
1.8
10.0
Min Spread (Pro)
5.0
15.0
5.0
10.0
0.8
8.0
Margin (as low as)
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
Execution Type
Market
Market
Market
Market
Market
Market
Trading Hours
24 Hours
24 Hours
24 Hours
24 Hours
24 Hours
24 Hours
Other Crosses Show All Features  
Symbol
CADCHF
CADJPY
CHFJPY
NZDCAD
NZDCHF
NZDJPY
SGDJPY
Contract Size
100,000
100,000
100,000
100,000
100,000
100,000
100,000
Tick Size
0.0001
0.01
0.01
0.0001
0.0001
0.01
0.01
Tick (PIP) Value
CHF 10
JPY 1,000
JPY 1,000
CAD 10
CHF 1,000
JPY 1,000
JPY 1,000
Min Spread (Standard)
1.8
1.5
1.1
2.5
2.1
1.1
2.1
Min Spread (Pro)
1.1
0.6
0.3
1.5
1.1
0.2
1.1
Margin (as low as)
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
Execution Type
Market
Market
Market
Market
Market
Market
Market
Trading Hours
24 Hours
24 Hours
24 Hours
24 Hours
24 Hours
24 Hours
24 Hours
IMPORTANT ADDITIONAL FX INFORMATION Show All Info  
FINANCE ADJUSTMENTS All positions held at 17:00 ET will be subject to a financing adjustment, to reflect the change in Spot date. We do not close and open the positions to account for these swap rates. Instead, we simply apply the equivalent financial consideration to the position if it were rolled over.
If you are holding the currency with the higher rate of interest, you will generally receive financing. This rate will be determined by the current institutional swap rate up to a maximum of .5 ticks, if you have a short position and minus a maximum of .5 ticks, if you have a long position.
If you are holding the currency with the lower rate of interest, you will generally pay financing. This rate will be determined by the current institutional swap rate plus a minimum of .5 ticks, if you have a long position, and minus a minimum of .5 ticks, if you have a short position.
Below is the formula to show how the financing amounts are calculated.

For a short position:
F= S * V * P

For a long position:
F= S * V * P * -1

F= Finance charge/credit
S= Swap Rate
V= Number of lots
P= Pip value in account base currency

SPREADS The spreads shown may vary according to underlying market liquidity, and/or volatility of that market.
ROLLOVER Please note: that during Rollover, which occurs at 5pm New York time (which is 00:00 MT4 server time) when we move from one trading day to the next, Liquidity Providers will remove their pricing from the market and reinstate with a new value date. This means that the market becomes highly illiquid for up to 5 minutes either side of this rollover period where spreads tend to widen and execution may be challenging where slippage can occur. In severe instances of illiquidity you may not be able to execute at all during this 10 minute period during rollover until the liquidity returns.
Spot Commodities Hide All Features  
Symbol
XAU/USD
XAG/USD
XAU/EUR
WTI
BRENT
Spot Market
Gold/USD
Silver/USD
Gold/EUR
WTI Crude Oil
Brent Crude Oil
Contract Size
100 Ounces
5000 Ounces
100 Ounces
1000 Barrels
1000 Barrels
Tick Size
0.01
0.005
0.01
0.01
0.01
Tick Value
USD 1
USD 25
EUR 1
USD 10
USD 10
Standard/Pro Spreads
Variable
Variable
Variable
Variable
Variable
Margin (as low as)
1.0%
1.0%
1.0%
1.0%
1.0%
Execution Type
Market
Market
Market
Market
Market
Trading Hours
01:00 - 24:00
01:00 - 24:00
01:00 - 24:00
01:00 - 24:00
03:00 - 01:00
IMPORTANT SPOT COMMODITIES INFORMATION Show All Info  
FINANCE ADJUSTMENTS All finance adjustments for open positions in spot commodities are carried at or after 17:00 ET. Finance adjustments are not made on open positions on CFD futures markets. Extra financing may apply on stocks that are hard to borrow. As you hold a position overnight (i.e. after 17:00 ET), a finance adjustment is made to your account. This is calculated as follows:

f= (v * r) / d

where:
f= daily financing charge
v= notional value of underlying equity calculated based on closing price as determined by Royal
r= relevant interest rate, PLUS 250 basis points for long positions, MINUS 250 basis points for short positions, e.g. (0.50% + 2.50%) = 3.00%
d= number of days, i.e. we use 365 days for indices with denominated currency of GBP or AUD.
Otherwise, we use 360 days.
(Notional value = Price * Number of CFDs/Tick Value)

Long (buy) trade positions are debited the daily financing charge
Short (sell) positions are normally credited the daily financing charge. However, you will be debited and not credited with the financing charge when the relevant interest rate is less than the number of basis points to be deducted from that relevant interest rate.
We credit short positions when LIBOR is greater than the basis points to be deducted from LIBOR.

MINIMUM / MAXIMUM TRADE SIZES Maximum trading sizes vary according to underlying liquidity, market conditions and whether the underlying market is classed as being quoted by Royal Financial Trading as “out of hours”, i.e. outside of regular trading hours.

When you trade CFDs you are always trading in the “base” currency of the underlying market.
E.g. if you trade a US share, you are trading in US dollars per one cent movement.

TRADING HOURS Times shown are Royal’s usual times for trading a market; these may vary e.g. on market holidays and where daylight saving applies.
SPREADS The spreads shown may vary according to underlying market liquidity, and/or volatility of that market.
ROLLOVER Please note: that during Rollover, which occurs at 5pm New York time (which is 00:00 MT4 server time) when we move from one trading day to the next, Liquidity Providers will remove their pricing from the market and reinstate with a new value date. This means that the market becomes highly illiquid for up to 5 minutes either side of this rollover period where spreads tend to widen and execution may be challenging where slippage can occur. In severe instances of illiquidity you may not be able to execute at all during this 10 minute period during rollover until the liquidity returns.
US Indices (Cash) Hide All Features  
Symbol
US30
US500
USTEC
US2000
Index
US Wall Street 30
US SPX 500
US Tech 100
US Small Cap 2000
Contract Size
1x
1x
1x
1x
Tick Size
1
0.25
0.25
0.1
Tick Value
USD 1
USD 0.25
USD 0.25
USD 0.10
Spreads (Day Session)
1 to 4
0.4
2
0.3
Spreads (Other Times)
1 to 4
0.4
2 to 4
0.3
Margin (as low as)
1%
1%
1%
1%
Execution Type
Market
Market
Market
Market
Trading Hours
01:00 - 00:00
01:00 - 00:00
01:00 - 00:00
01:00 - 00:00
European Indices (Cash) Show All Features  
Symbol
DE30
F40
UK100
STOXX50
SWI20
IT40
ES35
Index
Germany 30
France 40
UK 100
EU Stocks 50
Switzerland 20
Italy 40
Spain35
Contract Size
1x
1x
1x
1x
1x
1x
1x
Tick Size
0.5
0.5
0.5
1
1
5
1
Tick Value
EUR 0.5
EUR 0.5
GBP 0.5
EUR 1
CHF 1
EUR 5
EUR 1
Spreads (Day Session)
1 to 2
1 to 2
1 to 2
2
3
8
5
Spreads (Other Times)
1 to 8
1 to 6
1 to 5
2
3
8
5+
Margin (as low as)
3%
1%
1%
1%
1%
3%
1%
Execution Type
Market
Market
Market
Market
Market
Market
Market
Trading Hours
00:05 - 00:05
00:00 - 00:05
03:00 - 01:00
10:00 - 00:00
10:00 - 00:00
11:00 - 19:40
11:00 - 22:00
Asian & Australian Indices (Cash) Show All Features  
Symbol
AUS200
JP225
HK50
Index
Australia 200
Japan 225
Hong Kong 50
Contract Size
1x
1x
1x
Tick Size
1
5
1
Tick Value
AUD 1
JPY 5
HKD 1
Spreads (Day Session)
1
7
8
Spreads (Other Times)
2 to 6
7 to 10
8
Margin (as low as)
1%
1%
1%
Execution Type
Market
Market
Market
Trading Hours
00:05 - 00:00
00:05 - 00:00
4:15 - 07:00/ 08:00 - 11:15/12:00 - 18:45
Stocks CFDs Show All Features  
Symbol
AAPL
GOOGL
FB
MSFT
JPM
MCD
BAC
GS
XOM
YHOO
Underlying Share
Apple Computer
Google
Facebook
Microsoft
JP Morgan Chase
McDonalds
Bank of America
Goldman Sachs
Exxon Mobil
Yahoo
Contract Size
1
1
1
1
1
1
1
1
1
1
Tick Size
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
Tick Value
USD 0.01
USD 0.01
USD 0.01
USD 0.01
USD 0.01
USD 0.01
USD 0.01
USD 0.01
USD 0.01
USD 0.01
Spreads
Variable
Variable
Variable
Variable
Variable
Variable
Variable
Variable
Variable
Variable
Margin
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
Execution Type
Market
Market
Market
Market
Market
Market
Market
Market
Market
Market
Trading Hours (ET)
09:30 - 16:00
09:30 - 16:00
09:30 - 16:00
09:30 - 16:00
09:30 - 16:00
09:30 - 16:00
09:30 - 16:00
09:30 - 16:00
09:30 - 16:00
09:30 - 16:00
Bonds Show All Features  
Symbol
TYxx
USxx
FGBLxx
JGBxx
Underlying Bond
US 10yr T-Note
US Treasury Bond
Euro (German) Bund
JGB (Japan)
Contract Size
USD 100,000
USD 100,000
EUR 100,000
JPY 100,000,000
Minimum Tick Size
1/64
1/32
0.01
0.01
Tick Value
USD 15.625
USD 31.25
EUR 10
JPY 10,000
Spreads
8
8
4
10
Margin
1%
1%
1%
1%
Execution Type
Market
Market
Market
Market
Trading Hours (ET)
01:00 - 00:00
01:00 - 00:00
10:00 - 00:00
2:45 - 12:10 / 13:30 - 21:00
IMPORTANT ADDITIONAL CFD - INDICES, STOCKS, BONDS INFORMATION Show All Info  
FINANCE ADJUSTMENTS All finance adjustments for open positions in equities are carried out at or after 17:00 ET. Finance adjustments are not made on open positions on CFD futures markets. Extra financing may apply on stocks that are hard to borrow.
As you hold a position overnight (i.e. after 17:00 ET), a finance adjustment is made to your account.
This is calculated as follows:

f= (v * r) / d

where:
f= daily financing charge
v= notional value of underlying equity calculated based on closing price as determined by Royal
e.g. (0.50% + 2.50%) = 3.00%
d= number of days, i.e. we use 365 days for indices with denominated currency of GBP or AUD.
Otherwise, we use 360 days.
(Notional value= Price * Number of CFDs/Tick Value)

Long (buy) trade positions are debited the daily financing charge
Short (sell) positions are normally credited the daily financing charge. However, you will be debited and not credited with the financing charge when the relevant interest rate is less than the number of basis points to be deducted from that relevant interest rate.
We credit short positions when LIBOR is greater than the basis points to be deducted from LIBOR.

MINIMUM / MAXIMUM TRADE SIZES Maximum trading sizes vary according to underlying liquidity, market conditions and whether the underlying market is classed as being quoted by Royal Financial Trading as “out of hours”, i.e. outside of regular trading hours.

When you trade CFDs you are always trading in the “base” currency of the underlying market. E.g. if you trade a US share, you are trading in US dollars per one cent movement.

TRADING HOURS Times shown are Royal’s usual times for trading a market; these may vary e.g. on market holidays and where daylight saving applies.
SPREADS The spreads shown may vary according to underlying market liquidity, and/or volatility of that market.

DIVIDENDS Current rates of dividend adjustments are as follows:

UK Shares: Buy trades are credited with 100% net dividend declared.
                      Sell trades are debited with 100% net dividend declared.
US Shares: Buy trades are credited with 85% of the gross dividend.
                      Sell trades are debited with 100% of the gross dividend.
AU Shares: Buy trades are usually credited with 100% of the franked declared dividend and 85% of the non-franked proportions of the declared dividend.
                      Sell trades are debited with 100% of the gross dividend.
Euro and other non-UK shares: Buy trades and amount vary from country to country.
                                                         Sell trades are debited with 100% of the gross dividend.

ROLLOVER Please note:  that during Rollover, which occurs at 5pm New York time (which is 00:00 MT4 server time) when we move from one trading day to the next, Liquidity Providers will remove their pricing from the market and reinstate with a new value date. This means that the market becomes highly illiquid for up to 5 minutes either side of this rollover period where spreads tend to widen and execution may be challenging where slippage can occur. In severe instances of illiquidity you may not be able to execute at all during this 10 minute period during rollover until the liquidity returns.
REGISTER NOW Are you a potential ‘LOYAL ROYAL’? Choosing a reliable broker that can genuinely add value to your investment is by no means an easy task. It’s for this very reason that ROYAL wants to make this decision easier for you by opening its doors so you can feel what it is like to be part of the ROYAL Family. Simply register your details here and we will give you unlimited access to our Traders’ Tools page, Live Demo account and our wonderful experienced Team for a full month. We would love for you to experience what it is that makes ROYAL clients one of the most Loyal in the industry.
SUBMIT
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