Purpose

The Singapore foreign exchange market emerged as a significant international forex hub in the 1970s alongside the rise of the Asian Dollar Market. Its strategic geographical location bridges key time zones between Europe and the Americas, complemented by advanced financial infrastructure and a robust regulatory framework, attracting numerous global financial institutions and forex brokers to operate there. To assist investors and professionals in gaining comprehensive insights into 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 Tfxtradeoptions in Singapore as scheduled. According to public information, its office address is 25 Napier Road, Singapore, 258507 Republic of Singapore.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to Singapore to conduct an on-site verification of the dealer Tfxtradeoptions claiming to be located at 25 Napier Road, Singapore, 258507 Republic of Singapore.

The field investigator successfully arrived at the target location, only to find that the address corresponded to the Australian Embassy. The surrounding environment was relatively formal, with little commercial atmosphere. No company signage or related information for Tfxtradeoptions was found on the exterior of the building.

The field investigator attempted to enter the building, but due to it being an embassy with extremely strict security, permission to enter was not granted.

Since access to the building is impossible, reaching the target floor is also unattainable, making it impossible to verify whether Tfxtradeoptions's office area has clear signage or security measures. This address is not a shared office space.

Through the exterior of the building, the inspectors were unable to observe the internal environment of the company and other conditions.

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

Conclusion

As planned, the field investigator visited the forex broker Tfxtradeoptions in Singapore. However, no information such as the company name of the broker was found at its publicly displayed business address, indicating that the broker does not have a genuine operational 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 used as the sole basis for final decision-making.