Purpose

The Singapore foreign exchange market emerged in the 1970s alongside the rise of the Asian dollar market. As one of the world's major financial centers, the Singapore foreign exchange market is characterized by active trading, strong liquidity, and strict regulation. To help investors or practitioners gain a more comprehensive understanding of forex brokers in the region, the team conducted an on-site visit to Singapore.

Process

As planned, the team will visit the foreign exchange broker in Singapore for an on-site investigationMatic Platform. According to publicly available information, their office address is 'OUE BAYFRONT, 50 COLLYER QUAY, SINGAPORE 049321, SINGAPORE.'

A professional and experienced team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to Singapore. Based on the aforementioned information, they conducted an on-site visit to the dealer Matic Platform.

The team proceeded to the target area based on the address information to conduct an on-site verification of the dealerMatic Platform who claimed to be located at the aforementioned address.

The team has successfully arrived at OUE Bayfront, a building located in the bustling financial district of Singapore, surrounded by a vibrant environment and a strong commercial atmosphere. It is one of the most luxurious office buildings in Singapore, but no company logo or related information of Matic Platform was found on the exterior of the building.

The team entered the building lobby and explained their purpose to the security personnel. After communication, they were granted permission to enter.

However, no company signage for Matic Platform was found inside the building. As the specific floor location could not be determined, the team was unable to reach the exact floor and confirm its precise position.

Since I couldn't find the floor where the company is located, I couldn't enter the company premises, and naturally, I couldn't take a photo of the reception area and the logo at the front desk. Additionally, this office is not a shared workspace.

Through the lobby area, as access to the company was not possible, the internal office environment could not be observed, and the overall situation could not be determined to align with its claimed positioning.

Therefore, after the on-site inspection, it was confirmed that the dealer Matic Platform does not exist at the aforementioned address.

Conclusion

The team proceeded to Singapore as planned to conduct an on-site visit to the forex brokerMatic Platform. At the publicly displayed business address, the company name and other relevant information of the broker were not visible, 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 opinions are for reference only and should not be used as the final basis for decision-making.