Purpose

The Malaysian foreign exchange market is an emerging 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 foreign exchange 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 forex broker KUBERA MARKETS in Malaysia as planned. According to public information, its office address is Office Suite 1307, Level 13(C), Block 4 Financial Park Complex Jalan Mardeka 87000 Labuan, Malaysia.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet investments for investors, meticulously planned and traveled to Malaysia to conduct an on-site verification of the trader KUBERA MARKETS purportedly located at Office Suite 1307, Level 13(C), Block 4 Financial Park Complex Jalan Mardeka 87000 Labuan, 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 logos or related information were found on the exterior of the building.

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

However, the water dispenser machine in the hallway only displays a few lines at a time, and the changes are extremely slow, 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 reasons, we were unable to reach the target floor, the 13th, and thus could not confirm whether there were any noticeable signs or security measures in KUBERA MARKETS's office area, let alone gain access to the interior. Additionally, we were unable to photograph the front desk or its logo, and the office is not a shared workspace.

Since access to the company's interior is not possible, it is impossible to observe the internal environment and other conditions, making it difficult to determine whether the overall environment aligns with its claimed positioning.

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

Conclusion

The on-site investigator visited the forex broker KUBERA MARKETS in Malaysia as planned. The broker's company name and other information were not found at the publicly displayed business address, indicating that the broker does not have 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.