Royal Forex is a forex broker based in Nicosia, Cyprus. It has been under the regulation by CySEC since March, 2015.
Royal Forex was created to provide exemplary service to a specific few. By focusing on the understanding and philosophy of the market, and then researching and seeking out potential areas that are undervalued by other investors, it provides hands-on approach to investing for its clients.
The company’s goal is to find value and share it with customers, and to achieve long-term growth based on dedication, know-how, perseverance and trust. Royal Forex is dedicated in helping customers build strong futures backed by wealth.
The company has customers across the spectrum of investors. The majority of its investors include people with large portfolios, family businesses, and the officers responsible for pension plans in professional offices and privately held companies.
According to the regulatory information, the address of Royal Forex is 2 Prodromou & Demetracopoulou, 4th Floor, 1090 Nicosia. WikiFX sent its fact-finding team for a field survey.
The team first arrived at Demetracopoulou street, the name of which is literally a wonder -- so long.
The surveyors then went to the building as the regulatory information suggests, the Antonis Zenios building.
The team were able to easily find Royal Forex on the directory sign in front of the building. What showed on the sign was consistent with its regulatory information -- on the 4th floor.
To find out more about the company, the surveyors went to Level 4 and entered the company after they were able to confirm that it was indeed there.
According to WikiFX’s database, the broker is using non-MTt4/5 software.
During the visit, WikiFX’s staff met the manager of Royal Forex. According to the manager, the Marketing Division of the company does not work there, and an appointment was necessary for a visiting request. The office had many cubicles, with a total area of about 200 sq.m. This marks medium strength for a forex company.
On an overall basis, WikiFX reckons the company to be temporarily trustworthy. But compared with the large companies, it appears a little dwarfed. Investors are suggested to avoid heavy dealing with it.
2-5 years | CyprusRegulation | Forex License(STP) | No MT4/5 | …
Royal Forex Ltd
The data of WikiFX all comes from official data of various forex regulatory institution such as FCA,ASIC，etc. These data are all purpose of being fair、objective and realistic,which doesn't ask for any public relations fees, advertising fees, ranking fees, data removing fees and other gray fees.WikiFX will do its best to maintain the consistency and synchronicity of its data with that of authoritative data sources with regulatory authorities, but will not undertake to keep it consistent and synchronized in real time.
Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click "Complaints "and "Correction" to inform us. We will check immediately and release the results.
Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
Special Notice: Information provided by WikiFX is only for reference and does not indicate any investment advice. Investors should choose brokers by themselves. The risk involved with brokers is not relevant with WikiFX. Investors shall bear the relevant consequences and responsibilities on his own.
China Hong Kongwww.wikifx.hk