Purpose

The Singapore foreign exchange market is an emerging forex market that developed in the 1970s alongside the rise of the Asian dollar market. As one of the world's major forex trading hubs, it features flexible trading hours, a diverse range of trading products, and strong market liquidity. To help investors or practitioners 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 LME in Singapore as scheduled. According to public information, its office address is 9 Battery Road #07-02 MYP Centre Raffles Place Singapore 049910.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, traveled to Singapore according to a well-planned schedule. Based on the aforementioned information, they conducted an on-site visit to the brokerage firm LME.

The field investigator proceeded to the MYP Centre in Singapore based on the address information to conduct an on-site verification of the trader LME who claimed to be located at 9 Battery Road #07-02 MYP Centre Raffles Place Singapore 049910.

The inspection personnel successfully arrived at MYP Centre, located in the bustling Raffles Place of Singapore, surrounded by a vibrant environment and a strong commercial atmosphere. Although no company signage was found outside the building, a company directory was discovered inside, clearly displaying the relevant information of LME.

The surveyor entered the building lobby and stated their purpose to the security guard. After a brief registration, they successfully obtained entry permission.

Upon arriving at the target floor (7th floor), the field investigator found that the office area of LME had clear signage and lax security measures. The investigator successfully entered the premises and was able to photograph the reception area, including a clear logo. This office is not a shared workspace.

Through the reception area, the inspection personnel observed that the company's internal office environment was bustling, and the overall setting aligned with its claimed positioning.

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

Conclusion

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

Disclaimer

The above content and opinions are for reference only and should not be considered as the final basis for decision-making.