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For more information about Regal Forex Broker company profile, come to WikiBit!

Rating Index

Pros

Established since 2017, providing a long operational history.
Offers online customer service support in English.
Provides a range of trading platforms and services.

Cons

Has received multiple complaints from users, indicating potential issues.
Low score on WikiFX (1.59), suggesting reliability concerns.
Regulatory status is questionable, with claims of being unregulated or revoked by authorities.

Regal Company

Regal Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

Regal Company, known for its dual focus on online trading and brokerage services, was founded in 1977. With a commitment to providing efficient execution and expert support, Regal has established itself as a prominent player in the online investment landscape.

Parent Company/Ownership Structure

Regal operates under a decentralized ownership structure, with various subsidiaries managing different aspects of its business. This allows for flexibility and specialization within its diverse service offerings.

Headquarters Location

The company is headquartered in Dubai, UAE, strategically positioned to serve a global clientele while benefiting from the region's robust financial infrastructure.

Global Business Scope

Regal Company operates internationally, providing services to clients across multiple continents. It offers a wide range of financial products, including forex, stocks, commodities, and cryptocurrencies, catering to both retail traders and institutional clients.

Main Regulatory Bodies

Regal is subject to regulation by various financial authorities. However, it is important to note that there have been concerns regarding its regulatory status in certain jurisdictions, particularly Vanuatu, where its retail forex license has been revoked.

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2. Company History and Development

Key Milestones

  • 1977: Regal Company was founded, marking the beginning of its journey in the online trading sector.
  • 2000s: The company expanded its service offerings to include forex trading, leveraging advancements in technology to enhance trading efficiency.
  • 2010s: Regal launched its proprietary trading platforms, further solidifying its position in the market.

Business Expansion Journey

Regal has consistently sought to expand its business by entering new markets and enhancing its service portfolio. This includes launching innovative trading platforms and introducing new financial instruments to meet the evolving needs of traders.

Customer Base Growth

Over the years, Regal has experienced significant growth in its customer base, boasting over 1.5 million clients globally. This growth has been driven by the company's commitment to providing user-friendly trading solutions and exceptional customer service.

Platform Development History

Regal has developed several trading platforms, including the Regal MT4 Trader and Regal FX Derivatives Trader. These platforms are designed to offer traders advanced tools and features, enhancing their trading experience.

Important Awards or Recognitions Received

Regal has received multiple awards for its services, including recognition for its affiliate program, which is considered one of the best in the industry. These accolades reflect the company's dedication to excellence and innovation.

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3. Trading Services Offered

Forex Trading Options

Regal offers a comprehensive range of forex trading options, providing access to over 200 currency pairs. This extensive selection allows traders to engage in diverse trading strategies and capitalize on market movements.

Stock Trading Options

In addition to forex, Regal provides stock trading services, allowing clients to trade shares of various companies across global markets. This includes both established firms and emerging companies.

CFD Trading Products

Regal also offers Contracts for Difference (CFDs), enabling traders to speculate on price movements without owning the underlying assets. This includes a variety of instruments such as indices and commodities.

Other Financial Instruments

Regal's trading offerings extend to cryptocurrencies, commodities, and metals. Clients can trade popular cryptocurrencies like Bitcoin and Ethereum, as well as commodities such as gold and oil.

Special Services or Unique Advantages

One of Regal's unique advantages is its commitment to providing a zero-commission trading model for stocks and ETFs, along with low-cost options trading. This pricing structure enhances accessibility for traders at all levels.

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Detailed Regulatory Information

Regal is regulated by several financial authorities, although it has faced scrutiny regarding its compliance status in some regions. Notably, its retail forex license in Vanuatu has been revoked, raising concerns about its regulatory oversight.

The company's legal structure varies by region, with separate entities established to comply with local regulations. This includes a focus on adhering to the requirements set forth by regulatory bodies in the jurisdictions where it operates.

Client Fund Protection Measures

Regal implements various measures to protect client funds, including segregating client accounts from operational funds. This ensures that client assets are safeguarded in the event of financial difficulties.

Countries/Regions Served

Regal serves clients in over 188 countries, providing a wide range of trading services tailored to the needs of diverse markets. This global reach underscores the company's commitment to accessibility and inclusivity.

Compliance History

While Regal has made efforts to comply with regulatory requirements, its history of regulatory challenges, particularly in Vanuatu, has raised red flags. Clients are advised to conduct thorough due diligence before engaging with the company.

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5. Competitive Landscape

3-5 Main Competitors

  • IG Group: A leading online trading platform known for its extensive range of trading instruments and strong regulatory standing.
  • OANDA: Renowned for its forex trading services, OANDA offers a user-friendly platform and robust research tools.
  • XTB: A well-established broker offering a diverse range of financial instruments and competitive spreads.
  • Positioning in the Industry

    Regal positions itself as a cost-effective trading solution, appealing to both retail and institutional clients. Its zero-commission model for stocks and competitive pricing for options trading differentiate it from many competitors.

    Market Differentiation Factors

    Regal's commitment to customer service, innovative platform development, and a wide array of trading instruments are key factors that set it apart in the competitive landscape. Additionally, its global presence and tailored solutions for different client segments further enhance its market positioning.

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    In summary, Regal Company has established itself as a significant player in the online trading and brokerage industry. With a rich history, diverse trading services, and a global presence, it continues to adapt to the evolving financial landscape while striving to meet the needs of its clients. For more information about Regal's offerings and services, learn more.