Purpose

The Singapore foreign exchange market is an emerging forex market that developed in the 1970s as Singapore became an international financial center. It features flexible trading hours, a diverse range of trading products, and a variety of market participants, holding a significant position in the Asian forex market. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team conducted field visits in Singapore.

Process

The on-site inspection team visited the forex broker GainTrade Investment in Singapore as planned. According to public information, its office address is 3015 Suit pagla road, Singapore.

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 Singapore to conduct an on-site verification of the dealer claiming to be located at 3015 Suit pagla road, Singapore GainTrade Investment.

The field investigator attempted to locate the address but found that it does not exist. Upon arriving at an area similar to the given address, the investigator observed no obvious commercial activity in the vicinity, with the streets being relatively quiet. Additionally, no signage or relevant information pertaining to the company was found on the surrounding buildings.

Since the address does not exist, the surveyor cannot enter the so-called building, nor can they find the security or staff of the corresponding company building, let alone obtain entry permission.

Since the target floor cannot be reached, there are no obvious signs or security measures for the company's office area. Due to the non-existent address, the field survey personnel cannot enter the interior, nor can they take photos of the reception area or the logo at the reception. Additionally, this address is not a shared office space.

Since it is not possible to enter the company premises, observing the internal environment and other conditions is also not feasible.

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

Conclusion

As planned, the field investigator visited the forex broker GainTrade Investment in Singapore. 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 location. 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.