Purpose

The Singapore foreign exchange market is an international forex market that developed in the 1970s. Leveraging its strategic geographical location, robust financial regulatory framework, and advanced financial infrastructure, it has become one of Asia's key forex trading hubs. To help investors or practitioners gain a more comprehensive understanding of 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 Straits Financial in Singapore as scheduled. According to public information, its office address is 9 TEMASEK BOULEVARD #28-02 SUNTEC TOWER TWO 038989. 

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 Straits Financial.

The field investigator proceeded to the target area based on the address information to conduct an on-site verification of the trader Straits Financial claimed to be located at 9 TEMASEK BOULEVARD #28-02 SUNTEC TOWER TWO 038989.

The field inspector successfully arrived at Suntec Tower Two, which is located in a bustling area of Singapore with a vibrant commercial atmosphere. No company signage was found on the exterior of the building.

The inspector entered the building lobby and stated their purpose to the security personnel. The company was visible on the lobby directory, and after registration, entry permission was granted.

Upon arriving at the target floor, the 28th floor, the field surveyor found that the office area of Straits Financial had no obvious entrance signage. Due to reasons such as lack of prior appointment, the surveyor was unable to enter the interior, nor could they photograph the reception area or the logo at the front desk. This office is not a shared workspace.

Through the glass door, the on-site inspector observed that the company's interior environment was bustling, and the overall setting matched its claimed positioning. In a very luxurious office building in Singapore, upon reaching the corresponding floor, the company's name could be seen on the floor directory, but there was no nameplate for the company at the office entrance.

In conclusion, after the on-site verification, it is confirmed that the dealer Straits Financial exists at the above address.

Conclusion

The on-site investigator visited the forex broker Straits Financial in Singapore as planned. The broker's company name and other information were visible at the publicly displayed business address, indicating that the broker has a genuine operational presence. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

The above content and opinions are for reference only and should not be considered as the final basis for decision-making.