Purpose

The Singapore foreign exchange market is an emerging forex market that developed in the 1970s alongside the rise of the Asian dollar market. As one of the world's major forex trading hubs, it features flexible trading hours, a diverse range of trading products, and strong market liquidity. To help investors or practitioners gain a more comprehensive understanding of forex brokers in the region, an on-site inspection team conducted field visits in Singapore.

Process

The on-site inspection team visited the forex broker LEGITPLATFORMASSETS in Singapore as planned. According to public information, its office address is 173 JOO CHIAT ROAD, Republic of Singapore.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to Singapore to conduct an on-site verification of the dealer LEGITPLATFORMASSETS claiming to be located at 173 JOO CHIAT ROAD, Republic of Singapore.

The inspector successfully arrived at the target location, which is a row of two-story townhouses. The surrounding environment is relatively quiet, with a moderate commercial atmosphere. No company signage or related information was found on the exterior of the building.

The inspector entered the building and was able to access the interior, but did not find the company's nameplate.

Since there was no information about the company found on the first floor, it was impossible to reach the specific floor and confirm the exact location, nor could we enter the company's interior. We were unable to photograph the reception area or the logo at the front desk, and this office was not a shared workspace.

Because access to the company is not possible, the internal office environment cannot be observed, and the overall situation cannot be assessed to determine if it aligns with its claimed positioning.

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

Conclusion

The on-site investigator visited the forex broker LEGITPLATFORMASSETS in Singapore as planned. The broker's company name and other information were not 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 views are for reference only and should not be used as the final basis for selection.