Purpose

The Singapore foreign exchange market is an international forex market that developed in the 1970s. As one of the world's major financial centers, it is characterized by active trading, strict regulation, and strong financial innovation capabilities. 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 visited the forex broker Cross FX in Singapore as scheduled. According to public information, its office address is 10 Anson Road International Plaza, 15 Golden Mile Complex, Singapore 079903.

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 dealer Cross FX.

The field investigator proceeded to the target area based on the address information to conduct an on-site verification of the dealer Cross FX reportedly located at 10 Anson Road International Plaza 15 Golden Mile Complex, Singapore 079903.

The inspection personnel successfully arrived at the target building, which is located in the core area of Singapore with a strong commercial atmosphere. No company logos or related information were found on the exterior of the building, but a panoramic view of the building was captured.

The surveyor entered the building lobby, explained their purpose to the security personnel, and after communication, obtained permission to enter.

Upon arriving at the target floor, the field investigator found that the office area of Cross FX had no clear signage or security measures. Due to the absence of any signs of the company, the investigator was unable to enter the premises, take photos of the reception area, or capture the logo at the front desk. Additionally, the office was not a shared workspace.

Through the common areas of the floor, the inspector was unable to observe the internal environment of the company and other details. The overall impression was that they had reached the floor, but in Singapore's core area, no corresponding company was seen.

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

Conclusion

As planned, the field investigator visited the forex broker Cross FX 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 opinions are for reference only and should not be used as the sole basis for final decisions.