Purpose

The Singapore foreign exchange market is an emerging forex market that developed in the 1970s alongside the rise of the Asian dollar market. As the world's fourth-largest forex trading hub, it features flexible trading hours, a diverse range of trading products, and a variety of market participants. To help investors or professionals gain a more comprehensive understanding of forex brokers in the region, an on-site inspection team conducted field visits in Singapore.

Process

The on-site inspection team visited the forex broker FX Empire in Singapore as planned. According to public information, its office address is 463 FX Empire Way, Singapore, Singapore.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, traveled to Singapore according to a well-planned schedule. Based on the aforementioned information, they conducted an on-site visit to the dealer FX Empire.

The field investigator proceeded to the target area based on the address information to conduct an on-site verification of the claimed trader FX Empire located at 463 FX Empire Way, Singapore. The investigator attempted to locate the address but found that it does not exist. A search was conducted, yet the corresponding address could not be found. There was no so-called company campus in the vicinity, nor did the street environment match the description.

During the search, no buildings related to the company were found, let alone a panoramic view of the building. Throughout the entire area, whether inside or outside the building, no company logo or relevant information related to FX Empire was discovered, nor were there any directory signs for the company within the building.

Since the corresponding building could not be found at all, the on-site inspectors were unable to enter the company's lobby, reach the specific floor to confirm the exact location, or gain any understanding of the internal office environment.

Therefore, after on-site verification, it was confirmed that the dealer FX Empire does not exist at the above address.

Conclusion

The on-site investigator visited the forex broker FX Empire in Singapore as planned. 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 considered as the final basis for decision-making.