Purpose

The Singapore foreign exchange market emerged in the 1970s alongside the rise of the Asian dollar market. Leveraging its strategic geographical location, robust financial infrastructure, and open financial policies, it quickly became one of the world's key forex trading hubs. 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 Benton Markets in Singapore as scheduled. According to public information, its office address is 10 Collyer Quay, Ocean Financial Centre, Singapore 049315.

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 Benton Markets.

The on-site inspector proceeded to Ocean Financial Centre based on the address information to conduct a physical verification of the dealer Benton Markets claiming to be located at 10 Collyer Quay, Ocean Financial Centre, Singapore 049315.

The field investigator successfully arrived at Ocean Financial Centre, located in Singapore's bustling financial district with a clean surrounding environment and a strong commercial atmosphere. This is the most prestigious office building in Singapore. The investigator took photos of the building's directory board, but there was no information related to Benton Markets on it.

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

Since the specific floor where the company is located could not be confirmed, the field investigator was unable to reach the target floor and thus could not determine whether Benton Markets's office area had clear signage or security measures. As they could not access the specific floor, the investigator was also unable to enter the company's premises, take photos of the reception area or its logo, and confirmed that the office was not a shared workspace.

Since the inspectors were unable to enter the company premises, they could not observe the internal office environment, and it remains unknown whether the overall conditions align with the company's claimed positioning.

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

Conclusion

As scheduled, the field investigator visited the forex broker Benton Markets 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 considered as the final basis for decision-making.