Purpose

The UAE forex market is a regional core forex trading market that has gradually developed over the past two decades. Relying on Dubai's positioning as an international financial hub, it has gathered a large number of licensed forex brokers from around the world. Its market regulatory system is mature and cross-border trading activity is high, making it a core hub for the forex industry in the Middle East. To help investors gain a more comprehensive understanding of the actual operating conditions of forex brokers in the region, the on-site inspection team traveled to Dubai, UAE, for a field visit.

Process

This on-site inspection team went to the UAE as planned to conduct an on-site visit to the forex broker GH Market LTD.. According to public information, its office address is T-08, MOBH Building No-839, Plot No 523, Al karama, Dubai, United Arab Emirates.

A professional and experienced team, with a strong sense of mission to strictly safeguard investors, and following a meticulous plan, traveled to Dubai, United Arab Emirates. They conducted an on-site verification of the broker GH Market LTD., which claims to be located at T-08, MOBH Building No-839, Plot No 523.

The team successfully arrived at the target building shown on Google Maps. The location is a street-facing spot in the Al karama area; it is a small two-story commercial building, surrounded mainly by street-facing shops and small commercial outlets, with an overall environment leaning toward an everyday commercial atmosphere.

No company signs or information related to GH Market LTD. were found on the exterior of the building, and a panoramic photo record of the building was completed throughout the process.

The team entered the ground-floor lobby of the building and explained their purpose to the on-site staff. After a brief communication and registration, they successfully obtained permission to enter the building's public areas.

When attempting to go to the target floor to find the corresponding location, it was found that the entire 1st floor of the building consists of shops open to the public, with no directional signage for any office area, and the location marked T-08 could not be found at all. They were never able to reach the marked specific floor to confirm the target location. Throughout the process, no office area of GH Market LTD. was found, nor was there any obvious signage. The building had no directory board corresponding to the company,

They could neither enter the company's interior nor take photos of the reception desk or the reception desk LOGO. This address is not a shared office.

Because they could not enter the corresponding office area, there was no opportunity during the entire process to observe the company's internal environment. On-site staff also clearly stated that there is no office space related to GH Market LTD. at this address. The overall situation is completely inconsistent with the business positioning claimed by this broker.

Therefore, after the on-site inspection, it was confirmed that the broker GH Market LTD. does not exist at the above publicly stated address.

Conclusion

As planned, the field inspection team went to the United Arab Emirates to conduct an on-site visit to the forex broker GH Market LTD.. At its publicly displayed business address, they were unable to see the broker's company name or other information, indicating that the broker does not have a genuine business premises. Investors are advised to make their choice after comprehensive consideration.

Disclaimer

The above content and views are for reference only and should not be used as the basis for final selection.