Plain-English forex education. No hype, no signals.فارسی
BrokerCutForex Academy

Head to head

IFC Markets vs OneRoyal

IFC Markets is licensed by Labuan FSA in Labuan, Malaysia, and also has an offshore registration. OneRoyal is licensed by CySEC in the European Union and ASIC in Australia, and also has an offshore registration. The licence that applies to you depends on where you live, so check which company you would contract with before comparing anything else.

Minimum deposits start at $15 at IFC Markets (the Classic Standard (fixed spread) account needs $1,000) and $5 at OneRoyal. Both offer negative balance protection. Only OneRoyal offers segregated client money.

Facts last checked: IFC Markets on 20 October 2026, OneRoyal on 20 October 2026.

IFC Markets profileOneRoyal profile
Broker 1
Broker 2
Broker 3

Monthly cost uses the account chosen in each slot: cost per lot × your lots. Swap and other fees are extra. The lowest monthly cost is highlighted only as a fact about cost, not as a recommendation.

Broker
IFC MarketsOffshore registration onlyRead the profile
OneRoyalStrictly regulatedRead the profile
Comparing
IFC MarketsClassic Standard (fixed spread) account · British Virgin Islands
OneRoyalEuropean Union

Overview

Founded
2006
2006
Headquarters
Not yet checked
Not yet checked
Official websites
  • ifcmarkets.com
  • ifcmarkets.co.in
  • ifcmarkets.ae
  • ifcmarkets.hk
  • oneroyal.com
  • oneroyal.eu
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

Company you would contract with
IFCMARKETS. CORP.
Royal Financial Trading (Cy) Ltd
Regulator
BVI FSC
British Virgin Islands
CySEC
European Union
Regulation level
Offshore registration only
Strictly regulated
Licence number
SIBA/L/14/1073
Check the register
312/16
Check the register
Clients this company serves
International clients (not residents of the US, Russia or the BVI)
EU and EEA clients, through oneroyal.eu
All licences held
  • BVI FSC (British Virgin Islands)
  • Labuan FSA (Labuan, Malaysia)
  • CySEC (European Union)
  • ASIC (Australia)
  • VFSC (Vanuatu (international clients))
Segregated client money
No
Yes
Negative balance protection
Yes
Yes
Compensation scheme
None
Investor Compensation Fund (Cyprus) for clients of the CySEC company only; Financial Commission membership (private dispute body, up to €20,000 per client) for international clients

Costs

Your monthly cost
$180$18 per lot × 10 lots
No accounts listed
Cost per lot (EUR/USD)
$18
No accounts listed
Spread from
1.8 pips
No accounts listed
Typical EUR/USD spread
1.8 pips
No accounts listed
Commission per lot (round turn)
None
No accounts listed
Typical GBP/USD spread
Not yet checked
Not yet checked
Typical USD/JPY spread
Not yet checked
Not yet checked
Typical XAU/USD spread
Not yet checked
Not yet checked
Swap-free account
Yes
Yes

Leverage and margin

Maximum retail leverage
1:400 on Micro and Nano accounts; 1:200 on Standard accounts
Up to 1:1000 on oneroyal.com accounts; EU rules cap retail leverage at 1:30 on oneroyal.eu
Retail leverage by asset class
  • All instruments, Standard accounts: Up to 1:200
  • All instruments, Micro and Nano accounts: Up to 1:400
  • All accounts (oneroyal.com): Up to 1:1000
  • Major currency pairs (oneroyal.eu, EU rules): 1:30
Margin call level
Not yet checked
Not yet checked
Stop-out level
10%
20%

Account

Minimum deposit (this account)
$1,000
No accounts listed
Base currencies
USD, EUR, JPY
No accounts listed
Execution
Instant execution, fixed spread, no commission (MT4 and NetTradeX)
No accounts listed

Platforms and features

Platforms
  • NetTradeX
  • MetaTrader 4
  • MetaTrader 5
  • Web terminal
  • Mobile apps
  • MetaTrader 4
  • MetaTrader 5
  • MultiTerminal
  • Copy trading
  • PAMM
Markets
650+ CFDs on forex, metals, indices, stocks, commodities, ETFs and cryptocurrencies, plus self-built synthetic instruments
Forex, metals, shares, indices, energies, ETFs and cryptocurrency CFDs
Demo account
Yes
Yes
Copy trading
Not yet checked
Yes
Expert advisors (automated trading)
Yes
Yes
News trading allowed
Not yet checked
Not yet checked
Guaranteed stops
Not yet checked
Not yet checked

Deposits and withdrawals

Deposit methods
  • Bank transfer
  • Bank card
  • Cryptocurrency
  • Open Banking
  • Local bank (Africa)
  • Mobile money
  • WebMoney
  • Debit or credit card
  • Bank wire
  • Skrill
  • Neteller
  • Cryptocurrency
  • Local payment methods
Withdrawal fee
Bank wire at your bank's fee; card, crypto and e-wallet withdrawals carry fees that vary by method (for example 3% for Open Banking)
No OneRoyal fee, but fees apply if you traded less than 2 lots since your last deposit; up to 3% for currency conversion
Inactivity fee
Up to $10 a month after 12 months without trading, only while the balance is positive
Not yet checked

Support

Customer support
24/7 online support
Round-the-clock contact via live chat, email and phone

Our notes

Strengths
  • Fixed 1.8-pip EUR/USD spread on Classic accounts, so costs are known in advance
  • Micro and Nano accounts from $15
  • Choice of NetTradeX, MT4 and MT5, with hedging or netting on MT5 and NetTradeX
  • Royal Financial Trading (Cy) Ltd holds CySEC licence 312/16, confirmed on the CySEC register, for EU clients
  • Says client money is held in segregated client accounts, and lists negative balance protection on every account
  • Low entry point ($5) with published commissions on ECN and Prime accounts
  • Publishes a list of clone websites that use its name
Watch out for
  • Licensed only in the BVI (offshore) and Labuan; no FCA, ASIC, CySEC or similar licence
  • Stop-out level of only 10%, so positions are closed late and losses can run far
  • Monthly inactivity fee of up to $10 after 12 months without trading
  • Standard accounts need a $1,000 first deposit
  • International clients of oneroyal.com sign with Royal ETP LLC (St Vincent) or Royal CM Limited (Vanuatu), both offshore; St Vincent registration is not a licence
  • The ASIC licence (AFSL 420268) covers wholesale clients only
  • Leverage up to 1:1000 and deposit bonuses on oneroyal.com
  • Withdrawal fees apply if you have traded less than 2 lots since your last deposit

Risk warnings

The buttons to a broker’s website above the table are partner links: we may earn a commission if you open an account through them. That never changes the facts shown here. Trading leveraged products such as forex and CFDs carries a high risk of losing money rapidly, and most retail accounts lose money. Each broker’s own warning:

  • IFC Markets: Your capital is at risk. Leveraged products may not be suitable for everyone.
  • OneRoyal: Online trading in leveraged Foreign Exchange and CFD instruments carries a high level of risk and may not be suitable for all investors. Leveraged trading can result in significant losses as well as potential profits. Before deciding to invest in margin instruments, carefully consider your investment objectives, level of experience, and risk appetite. You should not risk more than you can afford to lose. Always ensure you understand the risks involved and seek independent financial advice if necessary.

Open this comparison in the full tool to share a link with your own accounts and companies chosen.

Other head-to-head pages

Cost per lot is the typical EUR/USD spread in busy hours × $10, plus any round-turn commission, for one standard lot. “Not yet checked” means we have not confirmed that fact yet. This page compares facts; it does not rank the brokers or recommend either. Confirm costs and licences on each broker’s site and the regulator’s public register before opening an account: see how we review brokers and check a broker yourself.

Nothing on this page is financial advice. Read the full disclaimer.

BrokerCut on Telegram

Get the latest forex news and market analysis.

Join the channel