Purpose

The Malaysian foreign exchange market is an emerging forex market that has developed in recent years. With the continuous growth of the local economy and the gradual opening of financial markets, the importance of forex trading in Malaysia has become increasingly prominent. To help investors or practitioners gain a more comprehensive understanding of forex brokers in the region, the on-site inspection team conducted field visits in Malaysia.

Process

The on-site inspection team visited the forex broker ICE FX in Malaysia as scheduled. According to public information, its office address is 3rd Floor, Jalan OKK Awang Besar, 87000 Labuan FT, Malaysia.

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 ICE FX purportedly located at 3rd Floor, Jalan OKK Awang Besar, 87000 Labuan FT, Malaysia.

The field investigator successfully arrived at the target building, which was the location directly indicated by Google search. However, it was found that the address did not completely match, and the building could not be located based on the written address. Due to the non-existence of the target building, it was difficult to assess the surrounding commercial conditions. No company signage or related information was found outside the building.

Due to the address not being entirely consistent, the on-site survey personnel were unable to enter the lobby of the target building and could not confirm the specific location of the company.

Therefore, it is impossible to reach the target floor, and there are no obvious signs or security measures for the company's office area on that floor. It is also not possible to photograph the reception desk or the logo at the reception, and this location is not a shared office space.

Since access to the company's interior is not possible, it is impossible to observe the internal environment and other conditions.

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

Conclusion

The on-site investigator visited the forex broker ICE FX in Malaysia as planned. 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 business premises. 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.