Purpose

The Singapore foreign exchange market is an emerging forex market that developed in the 1970s. As one of the world's major financial centers, the Singapore forex market is characterized by active trading and strict regulation. 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 GAINSTOCK in Singapore as planned. According to public information, its office address is Mandalay Towers Singapore 308215.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to Singapore to conduct an on-site verification of the trader GAINSTOCK allegedly located at Mandalay Towers Singapore 308215.

The field investigator successfully arrived at Mandalay Towers. The surrounding environment of the location does not give the impression of an office building. The commercial atmosphere lacks the typical density found in office districts. No company signage or related information was found on the exterior of the building.

The surveyor entered the building lobby and, after stating their purpose to the security guard, was granted entry permission.

However, since the address did not specify the floor, the on-site inspector could not determine the exact location of the company and was unable to reach the specific floor for verification. No signage for the company was found inside the building, nor was the company's logo visible. As the exact location of the company could not be identified, the inspector could not enter the premises, take photos of the reception area or its logo, and the office was not a shared workspace.

Through the public areas of the building, the on-site inspector was unable to enter the company's premises, making it impossible to observe the internal environment, decoration style, and employee activities. Overall, the current situation does not align with the trader's claim of having an actual office address.

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

Conclusion

The on-site investigator visited the forex broker GAINSTOCK in Singapore as planned. However, 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 location. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

The above content and opinions are for reference only and should not be used as the final basis for decision-making.