Purpose

The Malaysian foreign exchange market is an emerging forex market that has developed in recent years. With the continuous growth of the local economy and the gradual opening of financial markets, the importance of forex trading in Malaysia has become increasingly prominent. To help investors or practitioners gain a more comprehensive understanding of forex brokers in the region, an on-site inspection team conducted field visits in Malaysia.

Process

The on-site inspection team visited the foreign exchange broker DotBig in Malaysia as planned. According to public information, its office address is Main Office Tower, Financial Park Labuan Complex, Jalan Merdeka, 87000, Malaysia.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to Malaysia to conduct an on-site verification of the dealer DotBig claimed to be located at Main Office Tower, Financial Park Labuan Complex, Jalan Merdeka, 87000, Malaysia.

The inspection personnel successfully arrived at the Financial Center Building, located in the most central area of Labuan Island, surrounded by a bustling environment and a strong commercial atmosphere. This building is considered very luxurious locally, but no company logo or related information of DotBig was found on the exterior of the building.

The inspector entered the first floor of the building and explained their purpose to the security guard. After communication, they obtained permission to enter.

However, the water dispenser machine in the hallway only displays a few lines at a time and changes very slowly, making it impossible to take photos or linger for long. There are four or five security personnel at the front desk on the first floor, who also prohibit taking photos inside the building. Due to these restrictions, the field investigator was unable to reach the target floor to confirm the specific location and failed to identify any obvious signage or security measures in the DotBig office area. Since access to the specific floor was impossible, entering the company's interior, photographing the front desk or its logo was not feasible, and the office was not a shared workspace.

Through the lobby on the first floor, the on-site inspectors were unable to observe the internal environment of the company and other conditions, making it impossible to confirm whether it aligns with the claimed positioning.

Therefore, after on-site verification, it is confirmed that the dealer DotBig does not exist at the above address.

Conclusion

The on-site investigator visited the foreign exchange broker DotBig in Malaysia as planned. At the publicly displayed business address, no information such as the company name of the broker was found, indicating that the broker does not have a genuine business location. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

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