Purpose

The Singapore foreign exchange market, which emerged in the 1970s, is a significant Asian forex hub. As Singapore's status as a financial center continues to rise, its forex market has attracted numerous international investors and financial institutions due to its efficient trading mechanisms, diverse financial products, and stringent regulatory framework. To help investors or professionals gain a more comprehensive understanding of forex brokers in this region, an on-site inspection team conducted field visits in Singapore.

Process

The on-site inspection team visited the forex broker FlexTrade in Singapore as planned. According to public information, its office address is 9 Raffles Place, #31-03 Republic Plaza Singapore, 048619.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to Singapore to conduct an on-site verification of the dealer FlexTrade claiming to be located at 9 Raffles Place, #31-03 Republic Plaza Singapore, 048619.

The inspector successfully arrived at the target building, Republic Plaza, located in the most bustling central area of Singapore, surrounded by a vibrant environment and strong commercial atmosphere. No company signage or related information was found on the exterior of the building.

The inspector entered the building lobby. Due to a prior appointment, after a brief registration, they obtained entry permission. Upon entering the building, the company's information could be seen on the directory board.

Upon arriving at the target floor, the 31st floor, the field investigator found that the office area of FlexTrade had clear signage, and the security of the office building was very strict. Despite having made an appointment in advance, the investigator was unable to enter the interior due to company regulations and other reasons. However, the investigator was able to photograph the reception area and its logo, confirming that this office is not a shared workspace.

Through the glass door, the inspector observed a bustling office environment inside the company, with a nice decoration style, and the overall setting aligns with its claimed positioning.

Therefore, after on-site verification, it is confirmed that the dealer FlexTrade exists at the above address.

Conclusion

The on-site investigator visited the forex broker FlexTrade in Singapore as planned. The broker's company name and other information were visible at the publicly displayed business address, indicating the existence of a genuine operational premises. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

The above content and views are for reference only and should not be used as the sole basis for final decision-making.