Purpose

The Malaysian foreign exchange market is an emerging forex market that has developed in recent years. With the rapid economic growth in Southeast Asia, Malaysia's position in the regional financial sector has gradually strengthened, and its forex market has shown characteristics of diversification and vibrancy. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team conducted field visits in Malaysia.

Process

The on-site inspection team visited the forex broker Deriv in Malaysia as planned. According to public information, its office address is Lot No. F16, First Floor, Paragon Labuan, Jalan Tun Mustapha, 87000, Federal Territory of Labuan, Malaysia.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, meticulously planned and traveled to Malaysia to conduct an on-site verification of the trader Deriv purportedly located at Lot No. F16, First Floor, Paragon Labuan, Jalan Tun Mustapha, 87000, Federal Territory of Labuan, Malaysia.

The inspection personnel successfully arrived at the target building, which is located on the second floor of a relatively large serviced apartment complex in the area, making it quite noticeable. The surrounding environment is average, with a mediocre commercial atmosphere, and the building appears relatively quiet. No company signage or related information was found on the exterior of the building.

The surveyor entered the building lobby and stated their purpose to the security or staff. After a brief communication, they obtained permission to enter.

Upon arriving at the target floor, the field surveyor observed clear signage for Deriv's office area. However, due to reasons such as lack of prior appointment, the surveyor was unable to enter the interior. This is a shared office space, and the surveyor was able to photograph the reception desk and its logo.

Through the glass door, the on-site inspector observed that the company's internal office environment was bustling, and the overall setting aligned with its claimed positioning. The reception area of the company was well-decorated.

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

Conclusion

The on-site investigator visited the forex broker Deriv in Malaysia as planned. Relevant information of the broker could be seen at its 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 views are for reference only and should not be used as the final basis for decision-making.