Purpose

The Singapore foreign exchange market is an emerging market that developed in the 1970s. As one of Asia's key financial hubs, it is characterized by active trading, robust regulations, 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 as planned to Singapore to conduct a field visit of the forex broker Future Wealth. According to publicly available information, its office address is Marina Bay Financial Centre Tower Two, 10 Marina Boulevard, Singapore, 018983.

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 broker Future Wealth.

The field investigator proceeded to Marina Bay Financial Centre Tower Two based on the address information to conduct an on-site verification of the dealer Future Wealth who claimed to be located at 10 Marina Boulevard, Marina Bay Financial Centre Tower Two, Singapore, 018983.

The inspection personnel successfully arrived at Marina Bay Financial Centre Tower Two, located in a bustling area of Singapore with a vibrant surrounding environment and a strong commercial atmosphere. This is one of the best office buildings in Singapore, boasting a prestigious map location and housing major financial companies. However, no company signage or related information for Future Wealth was found on the exterior of the building.

The survey personnel entered the building lobby and stated their purpose to the security guard. After communication, they obtained permission to enter.

However, no nameplate for Future Wealth was found inside the building. Due to the lack of relevant guidance and no prior appointment, it was impossible to reach the specific floor and confirm the exact location, thus preventing access to the company's interior. Additionally, no photos of the reception desk or its logo could be taken, and the office was not a shared workspace.

Through the lobby area, as access to the company's interior was not possible, the internal office environment and other conditions could not be observed. Therefore, it is impossible to determine whether it aligns with the claimed positioning as a whole.

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

Conclusion

The on-site investigator visited the forex broker Future Wealth in Singapore as planned. No information such as the company name of the broker was found at its publicly displayed business address, indicating that the broker does not have a genuine operational 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.