Purpose

The UAE foreign exchange market is an emerging forex market that has developed in recent years. With its superior geographical location, open financial policies, and active economic environment, it occupies an important position in the Middle East and even the global forex market. To help investors or practitioners gain a more comprehensive understanding of forex dealers in this region, the on-site inspection team went to the UAE for a field visit.

Process

The field inspection team went to the UAE as planned to visit the forex broker EliteVision. According to public information, its office address is Dubai International Financial Centre PO BOX 506644 Dubai.

A professional and experienced on-site inspection team, with a sense of mission to strictly check for investors, went to the United Arab Emirates according to a meticulous plan. Based on the above information, they conducted an on-site visit to the broker EliteVision.

The inspectors went to the target area based on the address information. However, the address had no specific direction, so they could only reach the nearest area shown by the map navigation. This is the vicinity of the Dubai International Financial Centre, a prime location and an important financial core area of Dubai, with a bustling environment and a strong business atmosphere. However, no signs or relevant information of the EliteVision company were found in the entire surrounding area.

he team attempts were made to enter possibly relevant buildings, but due to the lack of specific building information, it was unclear which building to enter. Even when entering some nearby buildings, after stating the purpose to the security or staff in the lobby, entry permission was not granted due to the lack of specific information about the building and floor where the company was located.

Since the specific floor of the company was not found, there was no situation where the EliteVision office area could be discovered after reaching the target floor. Moreover, because the company's location was not found at all, it was impossible to determine whether its office area had obvious signage or security measures, nor could we enter the interior. So the team could not take photos of the reception area and its logo. The company is not a shared office.

As it was impossible to enter the so-called company interior, there was no way to observe the internal environment, decoration style, and employee activities.

Therefore, after the on-site inspection, it was confirmed that the broker EliteVision does not exist at the above address.

Conclusion

The inspectors went to the UAE as planned to visit forex broker EliteVision, and at its publicly displayed business address, they could not see the broker's company name or other information, indicating that the broker does not have a real place of business. Investors are advised to make their choice after comprehensive consideration.

Disclaimer

The above content and opinions are for reference only and are not the basis for final selection.