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 has attracted numerous international financial institutions and forex traders to conduct business here, thanks to its strategic geographical location, robust financial infrastructure, and open financial policies. To help investors or professionals gain a more comprehensive understanding of forex traders in this region, an on-site inspection team visited Singapore for field research.

Process

The on-site inspection team visited the forex broker Flmarkets in Singapore as scheduled. According to public information, its office address is Meinian building, 1 Temasek Avenue, 37 - 03.

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 brokerage firm Flmarkets.

The field investigator proceeded to the target area based on the address information to conduct an on-site verification of the claimed trader Flmarkets located at Meinian building, 1 Temasek Avenue, 37 - 03.

The inspection personnel successfully arrived at the Meinian building, which is located in the most luxurious area of Singapore, surrounded by a bustling environment and a strong commercial atmosphere. However, no company logo or relevant information of Flmarkets was found on the exterior of the building.

The surveyor entered the building lobby and explained their purpose to the security personnel. After communication, they obtained permission to enter.

Upon arriving at the target floor, the 37th floor, the field investigator found no clear signage indicating the Flmarkets office area. Unable to locate the company, the investigator could not gain access to the interior. Additionally, it was not possible to photograph the reception desk or its logo, and the floor was not a shared office space.

Through the common areas of the floor, the on-site inspector was unable to observe the so-called internal environment of the company. The overall situation does not match its claimed positioning.

Therefore, after on-site verification, it has been confirmed that the broker Flmarkets does not exist at the aforementioned address.

Conclusion

The on-site inspection team visited the forex broker Flmarkets in Singapore as planned. At the publicly displayed business address, no information such as the company name of the broker could be found, indicating that the broker does not have a genuine business location. 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.