Purpose

The Singapore foreign exchange market emerged as an international forex hub in the 1970s. Leveraging its strategic geographical location, stable political environment, and robust financial infrastructure, it quickly became one of Asia's pivotal forex trading centers. To provide investors and practitioners with a 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 TOKKYO in Singapore as planned. According to public information, its office address is 9 Battery Road #28-109 Singapore 049910.

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 TOKKYO.

The field investigator proceeded to the target area based on the address information to conduct an on-site verification of the dealer TOKKYO claiming to be located at 9 Battery Road #28-109 Singapore 049910.

The on-site inspector successfully arrived at the target building, which is located in a bustling area of Singapore with a clean surrounding environment and a strong commercial atmosphere. However, no signage or relevant information about the company 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 the building.

Upon arriving at the target floor, the 28th floor, the field investigator found that it was a shared office space with no visible signage or security measures for TOKKYO company. Due to the lack of prior appointment and the shared nature of the workspace, the investigator was unable to gain access to the interior. Additionally, the investigator could not photograph the reception area or its logo.

The on-site inspector was unable to observe the internal office environment of the company as entry was not permitted. The overall situation does not align with its claimed positioning.

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

Conclusion

The field investigator visited the forex broker TOKKYO 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 views are for reference only and should not be used as the final basis for decision-making.