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ROYAL FOREX LTD Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-19 17:09

Abstract:Royal Forex, founded in 2004, is a forex services company. It provides foreign exchange, sending money abroad, buying and selling foreign currencies, money exchange / money transfer.

Royal ForexReview Summary
Founded2004
Registered Country/RegionHong Kong
RegulationNo regulation
ServicesForeign exchange
Sending money abroad
Buying and selling foreign currencies
Money exchange / Money transfer
Customer SupportPhone: +852 2354 4474 / +852 2354 4475 / +852 2354 4476
Email: info@royalforexltd.com
Fax: +852 2354 4471
Physical Address: Shop No 9 G/F, CFC Tower, 22-28 Mody Road,Tsim Sha Tsui, Kowloon, HK.

Royal Forex Information

  Royal Forex, founded in 2004, is a forex services company. It provides foreign exchange, sending money abroad, buying and selling foreign currencies, money exchange / money transfer.

Royal Forex Information
Royal Forex Information

Pros and Cons

Pros Cons
Mutlpile services providedNo regulation

Is Royal Forex Legit?

  It is clear that Royal Forex is currently unregulated.

Is Royal Forex Legit?

Services

  Royal Forex provides foreign exchange, sending money to abroad, buying and selling foreign currencies, money exchange / money transfer.

Foreign Exchange

  Foreign exchange is the core of Royal Forex's business. Royal Forex specializes in global business payments and also sells prepaid currency cards in a wide variety of currencies. Since it offers the best exchange rates, prepaid currency cards are of immense value for tourists and business travellers, both domestic and international.

Sending money to abroad

  Royal Forex transfers money abroad for the following purposes:

  Royal Forex organize release/remittance of foreign exchange for private visits abroad

  Transferring remittances by tour operators/travel agents to their principals/counterparts abroad or to hotels/hostels/home stays etc.

  Business travel

  Participation fees for global conferences or for specialized training

  Payment for wages of crew or foreign staff

  Shooting of films in foreign locations

  Medical treatment in foreign hospitals

  Tuition/hostel fees etc. for foreign education

  Remittances to foreign Universities

  Towards maintenance of close relatives living abroad

  Permitted expenses for overseas exhibitions/fairs

  Other remittances on a case by case basis, as per regulations in force.

Currency Exchange

  Royal Forex offers a lot of foreign currency exchange solutions to meet clients' demands. Royal Forex transfers money for clients to transfer money from and to Hong Kong from any part of the globe.

Money Exchange / Money Transfer

  Royal Forex offers their clients the Western Union Money transfer service. Using these services, Royal Forex can instantly transfer client money to most destinations in the world. As add-ons Royal Forex offers prepaid cards, money orders as well as provide custom services to clients. Royal Forex helps clients to transfer money to purchase property or assets from abroad. Royal Forex also facilitates inward remittance of foreign exchange.

Currency Exchange

  

Related broker

No Regulation
ROYAL FOREX LTD
Company name:Royal Forex Ltd
Score
1.45
Website:https://www.royalforexltd.com
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.45

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