Verification Archives - OneRoyal Academy

How can I request for different Categorization (Royal Financial Trading (CY) Ltd)?

OneRoyal categorizes all its Clients as ‘Retail’ by default. Clients of Royal Financial Trading (CY) Ltd, can request to be treated as Professional clients, provided that they meet at least two of the following criteria: The client has carried out transactions in significant size, at an average frequency of 10 per quarter over the previous four quarters. The size of the client’s financial instrument portfolio exceeds EUR 500,000. The client works or has worked in the financial sector for at least one year in a professional position, which requires knowledge of the transactions or services envisaged. Professional Client Status Details It is important that you understand exactly how a Professional Client will be treated differently to a Retail Client should you wish to be treated as such. Professional clients are responsible for keeping the Company informed about any change, which could affect their current categorization. Professional clients are not eligible complainants to the Financial Ombudsman Services, provided the complaint relates to services offered by the Company, unless they are consumers. Margin and Leverage Limits can be higher than those introduced to retail clients by ESMA. Provision of significant investor protection arising from the marketing, distribution or sale of CFDs, may not apply to professional clients. We may use more sophisticated language when dealing with you as a Professional Client than we do with our retail clients. We may assume that you have the relevant knowledge and experience levels to understand the risks in trading leveraged products. You can find our

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Why do you need to know my personal and financial information?

Our regulators, who monitor our activities to make sure we’re running a compliant and ethical business, require the information of all our traders. Given, we hold the Australian Securities and Investment Commission (ASIC) license, the Cyprus Securities and Exchange Commission (CySEC) license, the Vanuatu Financial Services Commission (VFSC) license and are registered under FSA (Saint Vincent and the Grenadines), we’re required to meet certain obligations. We need to be able to show who you are, where you live, and that the funds are coming from a legitimate source. Any information you provide to us is used solely for regulatory purposes – as per our Privacy

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Can I send a proof of ID / Address that’s not in English?

We can accept documents in any language. Once you have registered your details on our website, you can upload your Proof of Identity and Proof of Address directly to your Client Portal for

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How can I upload or send my documents to you?

You can upload your documents during your application form. You can also upload documents via our Client area. Alternatively you can email your documents at

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Do you accept clients from my country?

All accepted countries will appear in the dropdown menu upon registration. You can find out by simply selecting the ‘Sign Up’ button on the upper right corner of your screen on our website, or here, and search for your country in the select menu. Residents from the US, Iran, North Korea, Yemen, or any other country that may be subject to any international sanctions, cannot open an account with

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What documents do you require?

To verify your identity, we require a copy of your valid International Passport, National ID card, or Driver’s License* in order to verify your identity. We also require a Proof of Residence document showing your name and address, issued within the last 6 months. The document(s) required and their current verification status can be seen at any time via our client area. *Driver’s license may not be acceptable depending on your country of

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What is my Tax Identification Number/TIN?

Tax Identification Numbers differ from country to country. You can find all details and examples of documents where you can find your TIN here: For EU residents https://ec.europa.eu/taxation_customs/tin/tinByCountry.html For both EU and non-EU residents

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