Purpose

The Singapore foreign exchange market is an international forex market that gradually developed in the 1970s. As one of the world's major financial centers, its forex market is characterized by active trading, strict regulation, and a high degree of internationalization. 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 proceeded to Singapore as planned to visit the forex broker RealfxMarket. According to publicly available information, its office address is 20, Cesil Road 1301 Equity Plaza Singapore 049705.

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 RealfxMarket.

The on-site inspector proceeded to the target area based on the address information to conduct a field verification of the dealer claiming to be located at 20, Cesil Road 1301 Equity Plaza Singapore 049705RealfxMarket.

The field investigator successfully arrived at Equity Plaza. Due to the actual absence of the company, it was difficult to accurately describe the overall atmosphere of the surrounding environment. No company signage or related information for RealfxMarket was found on the exterior of the building.

The surveyor entered the building lobby and explained their purpose to the security personnel. After communication, although permission to enter the lobby was granted, the security informed that photography inside the archway was not allowed, and without an appointment, access to the upper floors was impossible.

Due to the inability to reach the target floor, the field investigator was unable to find any obvious signage or security measures in the office area of RealfxMarket, nor could they gain access to the interior. It was not possible to photograph the reception desk or its logo, and the office space is not a shared workspace.

Through the lobby area, the on-site inspectors were unable to observe the internal environment of the company and other conditions, making it impossible to determine whether it aligns with its claimed positioning as a whole.

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

Conclusion

The on-site investigator visited the forex broker RealfxMarket 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 premises. 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.