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 become more active. To help investors or practitioners gain a more comprehensive understanding of forex brokers in the region, the team conducted on-site visits in Malaysia.

Process

This month, the team went to Malaysia as planned to conduct an on-site visit to the forex brokerMarket Alliance. According to publicly available information, its office address is No. 1-09, BriGhTon Place, 1sT Floor, LoT No.U 0215, Jalan Bahasa, 87000 Labuan F.T.

A professional and experienced team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to Malaysia to conduct an on-site verification of the trader Market Alliance reportedly located at No. 1-09, BriGhTon Place, 1sT Floor, LoT No.U 0215, Jalan Bahasa, 87000 Labuan F.T.

The team successfully arrived at the target building, which is a small office building located in a town on Labuan Island. The surrounding environment is relatively quiet, with an average commercial atmosphere. No company logos or related information were found on the exterior of the building.

The team arrived at the building only to find it was not open. Since the building was closed, they couldn't enter, and naturally, they failed to obtain entry permission.

Since access to the building's interior was not possible, the target floor could not be reached, making it impossible to observe and photograph whether there were any noticeable signs or security measures in Market Alliance's office area. This office is also not a shared workspace.

Through the tightly closed building doors, the team was unable to observe the internal environment of the company, making it impossible to assess whether the overall situation aligns with its claimed positioning.

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

Conclusion

The team visited the foreign exchange broker in Malaysia as planned, Market Alliance, but failed to find any information such as the company name at the publicly displayed business address, 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 views are for reference only and should not be used as the sole basis for final decision-making.