Purpose

The Malaysian foreign exchange market is an emerging forex market that has developed in recent years. With the growth of the local economy and the opening of financial markets, forex trading has gradually attracted the attention of investors. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the inspection team conducted on-site visits in Malaysia.

Process

The on-site inspection team visited the forex broker Alfa Assets in Malaysia as planned. According to public information, its office address is Lot 3, Suite A, 2nd Floor, Lazenda Phase 3 Shophouse, Off Jalan OKK Abdullah, 87000 Labuan F.T.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet investments for investors, meticulously planned and traveled to Malaysia to conduct an on-site verification of the trader Alfa Assets purportedly located at Lot 3, Suite A, 2nd Floor, Lazenda Phase 3 Shophouse, Off Jalan OKK Abdullah, 87000 Labuan F.T.

The field investigator successfully arrived at the target building, which is surrounded by venues such as KTVs and restaurants. No company signage or related information was found on the exterior of the building.

Due to the gate being closed, the inspection personnel were unable to enter the company lobby, but no company signage was observed on the exterior of the building either.

Due to the gate being closed and the lack of company-related guidance, the surveyor was unable to reach the specific floor and confirm the exact location, nor could they enter the company's interior. It is not a shared office space, and they were unable to photograph the reception area or the logo at the front desk.

Through the closed doors, it is impossible to observe the internal office environment of the company, and the overall situation does not match its claimed positioning of having a normal office space.

Therefore, after on-site verification, it is confirmed that the dealer Alfa Assets does not exist at the above address.

Conclusion

As planned, the field investigator visited the forex broker Alfa Assets in Malaysia. However, no information such as the company name of the broker was found at the publicly displayed business address, indicating that the broker does not have a genuine operational presence. 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.