Purpose

The Malaysian foreign exchange market is an emerging forex market that has been developing in recent years. With the advancement of financial globalization, its financial position in Southeast Asia has been gradually rising. 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 Malaysia.

Process

The on-site inspection team visited the forex broker AIFC Technology in Malaysia as planned. According to public information, its office address is Unit 14D, Main Office Tower Financial Park Complex Labuan, Jalan Merdeka, 87000 Wp Labuan.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to Malaysia to conduct an on-site verification of the trader AIFC Technology, which claims to be located at Unit 14D, Main Office Tower Financial Park Complex Labuan, Jalan Merdeka, 87000 Wp Labuan.

The inspection personnel successfully arrived at the financial center building located in the most central area of Labuan Island. The building is considered very luxurious locally, with a strong commercial atmosphere in the surrounding area. However, no company logo or related information was found on the exterior of the building.

The surveyor entered the first floor of the building and, after explaining their purpose to the security guard, obtained permission to proceed. However, the directory machine in the hallway displayed only a few lines at a time and changed very slowly, making it impossible to take photos or stay for an extended period.

There are four or five security guards at the front desk on the first floor, and photography inside the building is not allowed.

Due to the inability to obtain more valid information, the on-site inspector could not reach the target floor to confirm the specific location, nor could they enter the company's premises to photograph the reception area and its logo. The office is not a shared workspace. Additionally, the internal office environment could not be observed through the glass door, making it impossible to verify whether the company actually exists within the building.

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

Conclusion

As planned, the field investigator visited the forex broker AIFC Technology in Malaysia. 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 selection.