Purpose

The Singapore foreign exchange market is an emerging forex market that developed in the 1970s alongside the rise of the Asian dollar market. Leveraging its strategic geographical location, stable political environment, and advanced financial infrastructure, Singapore has become one of Asia's key forex trading hubs. 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 Singapore.

Process

The on-site inspection team visited the forex broker JB Drax Honoré in Singapore as planned. According to public information, its office address is 50 Collyer Quay, #04-03A OUE Bayfront, Singapore, 049321.

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 JB Drax Honoré purportedly located at 50 Collyer Quay, #04-03A OUE Bayfront, Singapore, 049321.

The inspection personnel successfully arrived at OUE Bayfront, which is located in the most bustling commercial area of Singapore, surrounded by a vibrant environment and a strong business atmosphere. Although no company logo was found on the exterior of the building, relevant company information could be seen upon entering the interior.

The surveyor entered the building lobby and stated their purpose to the security personnel. After registration, they were granted access permission.

Upon arriving at the target floor (04th floor), the field surveyor observed clear signage for JB Drax Honoré's office area. Due to reasons such as lack of prior appointment, the surveyor was unable to enter the premises. However, the surveyor managed to photograph the reception desk and its logo, confirming that this office is not a shared workspace.

Through the glass door, the on-site inspector observed a bustling office environment inside the company, with the overall setting aligning with its claimed positioning.

Therefore, after on-site verification, it is confirmed that the dealer JB Drax Honoré exists at the above address.

Conclusion

The on-site investigator visited the forex broker JB Drax Honoré in Singapore as planned. The broker's company name and other information were visible at the publicly displayed business address, indicating the existence of 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 considered as the final basis for selection.