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Royal Forex

Royal Forex | 2024-10-10 18:00

Abstract：Founded in 2014, Royal Forex is a broker registered in Hong Kong, China. It offers a wide range of services in the forex market, including buying, selling, and dealing in foreign currencies, as well as money exchange and money transfer services. However, the broker lacks legal regulatory licenses.

Royal Forex Review Summary
Found	2014
Registered Country/Region	Hong Kong
Regulation	No Regulation
Market Instruments	Forex Pairs
Demo Account	❌
Trading Platform	/
Leverage	/
Minimum Deposit	/
Customer Service	Email, Phone, Fax

Royal Forex Information

Founded in 2014, Royal Forex is a broker registered in Hong Kong, China. It offers a wide range of services in the forex market, including buying, selling, and dealing in foreign currencies, as well as money exchange and money transfer services. However, the broker lacks legal regulatory licenses.

Pros and Cons

Pros	Cons
Ten-Year's Trading Experience	Lack of Legal Regulation
	No Demo Accounts
	Limited Info on Trading
	Limited Trading Choices

Is Royal Forex Legit?

Royal Forex is not subject to any legal regulation, which raises concerns about its information reliability. Therefore, you are advised to stay away from this broker.

What Can I Trade on Royal Forex?

Royal Forex only offers forex pairs trading. It deals in all major currencies, such as the US Dollar, British Pound, Euro, Yuan, Yen, Swiss Franc, etc

Tradable Instruments	Supported
Forex	✔
Commodities	❌
Indices	❌
Cryptocurrencies	❌
Stocks	❌
Mutual Funds	❌
Bonds	❌

Customer Service

Royal Forex allows you to contact it through multiple channels, including phones, email, fax and physical address.

Contact Options	Details
Email	info@royalforexltd.com
Phone	+852 2354 4474; +852 2354 4475; +852 2354 4476
Fax	+852 2354 4471
Physical Address	Shop No 9 G/F, CFC Tower, 22-28 Mody Road, Tsim Sha Tsui, Kowloon, HK.
Supported Language	English
Website Language	English

The Bottom Line

Royal Forex is a forex focused broker. It lacks transparency in information concerning fees, leverage and account types. In addition, Royal Forex operates without any legal regulation, therefore, it is advisable to avoid this broker.

FAQs

Is it safe to trade with Royal Forex?

No, trading with Royal Forex is unsafe given the lack of legal regulation.

What trading instruments does Royal Forex offer?

Royal Forex only offers forex pairs.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.