Purpose

The UAE foreign exchange market is an emerging forex market that has developed in recent years. With its superior geographical location, open financial policies, and developed economic system, it has attracted the attention of many international financial institutions and investors. To help investors or practitioners gain a more comprehensive understanding of the forex dealers in this region, the survey team went to the UAE for on-site visits.

Process

This issue's survey team went to the UAE as planned to visit the forex broker Exuberance Asset Management in person. According to public information, its office address is 1902, U-Bora Tower, Dubai, United Arab Emirates.

The professional and experienced site inspection team, with a mission to strictly screen for investors, went to the United Arab Emirates according to a well-planned itinerary. They conducted an on-site inspection of the broker Exuberance Asset Management, which claimed to be located at 1902, U-Bora Tower, Dubai, United Arab Emirates.

The site inspection personnel successfully arrived at U-Bora Tower, which is located in the heart of Dubai and is an ultra-luxury office building, with a bustling environment and a strong business atmosphere.

However, no company logo or relevant information of Exuberance Asset Management was found outside the building.

The site inspection personnel entered the building lobby and stated their purpose to the security guard. After communication, they were told that the office building has strict security and requires an appointment to go upstairs.

Due to the lack of an appointment and the absence of a complete building directory, the site inspection personnel could not confirm whether Exuberance Asset Management truly exists in the building, nor could they reach the target floor. At the same time, they were unable to capture the front desk or its logo. This office is not a shared office.

Looking through the lobby area, because they could not enter the interior, the internal environment of the company could not be observed. The overall situation was not in line with the expectation of confirming the broker's actual presence.

Therefore, after the on-site inspection, it was confirmed that the broker Exuberance Asset Management does not exist at the above address.

Conclusion

The field surveyors went to the UAE as planned to visit the forex broker Exuberance Asset Management in person. At its publicly displayed business address, they could not see the company name or other information of the broker, indicating that the broker does not have a real business location. Investors are advised to make their decisions after comprehensive consideration.

Disclaimer

The above content and views are for reference only and are not the basis for final selection.