Reason for this visit

The international forex market in Hong Kong has been developing since the 1970s. Due to the removal of forex control in Hong Kong since 1973, there has been a large inflow of international capital, and an increasing number of financial institutions operating forex business have mushroomed. The forex market has become more and more active, developing into an international forex market. Hong Kong forex market is an invisible market without a fixed trading venue. Traders conduct forex transactions through various modern communication facilities and computer networks. Hong Kongs geographical location and time zone conditions are similar to those of Singapore, making it very convenient to trade with other international forex markets. Participants in Hong Kong forex market are mainly commercial banks and financial companies. There are three types of forex brokers in this market: local brokers, whose business is limited to Hong Kong; international brokers who have expanded their business to the Hong Kong forex market since the 1970s; international brokers that grow locally and has expanded their business to forex markets abroad. In an attempt to help investors or practitioners gain a more comprehensive understanding of current status of forex brokers in Hong Kong, WikiFX survey team determines to pay on-site visits to local companies.

On-site visit

In this issue, the survey team went to Hong Kong, China to visit broker Royal Capital as planned according to its regulatory address that Suite 709, 7/F, 9 Wing Hong Street, Cheung Sha Wan, Kowloon, Hong Kong.

A seasoned and professional inspection team, committed to safeguarding investor interests, conducted a meticulously planned on-site verification of the prominent forex broker Royal Capital in Hong Kong.

Wing Hong Street of Cheung Sha Wan, located in the heart of Kowloon's core business and industrial district, is surrounded by dense pedestrian flow and a strong commercial atmosphere. The street is lined with a mix of dining, retail, residential, and educational institutions, offering well-developed living and business amenities, making it a typical bustling area.

The target building is situated at No. 9 Wing Hong Street, featuring a modern commercial office exterior with a clean and cohesive design that blends well with the surrounding environment. This initially supports the commercial rationale behind the company's choice of location.

Upon entering the building lobby, the inspection team observed no obstructions at the entrance, and security personnel did not intervene, indicating that visitors may freely access public areas. The lobby is equipped with an electronic directory, which clearly lists “ROYAL CAPITAL PRECIOUS METALS (ASIA) LTD” on the 7th floor, Room 709, matching the registered company name exactly. This provides preliminary verification of the address's authenticity.

Further inspection via elevator to the 7th floor revealed that the corridor directory again displayed Room 709 as the company‘s location. The office’s glass door bears the “ROYAL CAPITAL” English signage and a metallic logo, consistent with the companys publicly available information.

Although internal access was not granted, preventing a detailed assessment of the interior decor, observations through the glass door confirmed that the office is an independent workspace (not a co-working space), with a clean, well-lit environment and no signs of disrepair. The broker occupies a self-contained unit with a functional access control system, aligning with standard corporate setups.

Through the on-site investigation, it is confirmed that Royal Capital has a physical presence at the above address.

Conclusion

The survey team went to Hong Kong, China to visit broker Royal Capital as scheduled, and found the company at its regulatory address. It denotes that the broker has a physical business office at the place. Meanwhile, investors are advised to make a well-considered decision following much deliberation.

Disclaimer

The content is for informational purpose only, and shall not be taken as a final order for making a choice.