About Regal Assets
Who Is Regal Assets?
Regal Assets is a Canadian company based in Toronto, Ontario, at 401 Bay Street, Suite 1600. It was founded on February 17, 2020, according to official records. The business focuses on alternative asset IRAs, particularly in precious metals and cryptocurrencies. It operates the website regalassets.ca and maintains a social media presence on Facebook, Twitter/X, and YouTube.
The firm distinguishes itself from traditional brokers by not offering forex, CFD, or securities trading. Instead, it positions itself as a specialist in self-directed retirement accounts for physical gold, silver, platinum, palladium, and digital assets. While the U.S. counterpart of Regal Assets has a longer history, the Canadian entity appears to be a separate operation launched in 2020.
Regulation and Licensing
FXCanary's review found that Regal Assets (Canada) has no registered financial regulators on file. The company is not listed with any Canadian securities commission, the Investment Industry Regulatory Organization of Canada (IIROC), or other financial oversight bodies. This absence of regulatory authorization is a significant factor for potential investors to consider.
Without regulatory oversight, clients have limited recourse in the event of disputes or financial loss. The lack of licensing also means the company is not required to adhere to strict capital adequacy standards or client fund segregation rules commonly expected from financial service providers.
Services and Offerings
According to its website, Regal Assets facilitates the establishment of self-directed IRAs that can hold physical precious metals and cryptocurrencies. The process typically involves rolling over funds from an existing retirement account into a new IRA administered by a custodian. The company states it offers segregated storage for metals and insurance coverage up to $2 million for crypto holdings.
The minimum investment is claimed to be around $5,000, with flat annual fees for storage and administration. The website also promotes other content such as guides on wealth protection strategies, legal structures like trusts, and even real estate topics, though these may be separate from the core IRA service.
Target Audience and Suitability
Regal Assets appears to target Canadian investors seeking to diversify their retirement portfolios into tangible assets or cryptocurrencies. The company's marketing emphasizes protection against inflation, economic downturns, and stock market volatility. It may appeal to individuals who prefer holding physical metals or digital currencies over traditional paper assets.
However, given the lack of regulation and relatively new establishment, this broker may not be suitable for conservative investors or those who require the protections offered by regulated financial entities. Traders looking for leveraged forex or CFD products will find no such offerings here.
Overview compiled by FXCanary from regulatory records and public data. full Regal Assets review