Purpose

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

Process

The on-site inspection team visited the forex broker RM Investment Bank in Malaysia as planned. According to public information, its office address is Level 6 (B), Main Office Tower, Financial Park Complex, 87000 Wilayah Persekutuan Labuan.

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 trader RM Investment Bank reportedly located at Level 6 (B), Main Office Tower, Financial Park Complex, 87000 Wilayah Persekutuan Labuan.

The inspection personnel successfully arrived at the Financial Center Building, which is located in the most central area of Labuan Island and is a very luxurious structure locally. The surrounding commercial atmosphere is strong, and the environment is clean and tidy. However, no signage or relevant information of the company was found on the exterior of the building.

The inspector entered the building lobby and stated their purpose to the security personnel. After communication, they obtained permission to enter.

Upon arriving at the building, it was discovered that the directory machine in the hallway only displayed a few lines at a time, and the transitions were extremely slow, making it impossible to take photos or linger for long. There were four or five security personnel at the front desk on the first floor, who also prohibited taking photos inside the building. Due to these reasons, it was impossible to reach the target floor to confirm the specific location of RM Investment Bank, nor was it possible to enter the company's premises. The company is not a shared office space, and no photos of the front desk or its logo could be taken.

Through the lobby area, as access to the interior was not possible, the internal environment of the company could not be observed, making it impossible to determine whether the overall environment aligns with its claimed positioning.

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

Conclusion

The field investigator visited the forex broker RM Investment Bank in Malaysia as planned, but found no information such as the company name at the publicly displayed business address, indicating that the broker does not have a genuine business 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 decisions.