Purpose

The Malaysian foreign exchange market is an emerging forex market that has developed in recent years. With the continuous growth of the country's economy and the gradual opening of its 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 JD Trader in Malaysia as planned. According to public information, its office address is Unit 30 - 1, Level 30, Mof Inc Tower No. 9, Persiaran KLCC, 50088 Kuala Lumpur.

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 dealer JD Trader reportedly located at Unit 30 - 1, Level 30, Mof Inc Tower No. 9, Persiaran KLCC, 50088 Kuala Lumpur.

The inspector successfully arrived at Mof Inc Tower, located in the core area of Kuala Lumpur, surrounded by a strong commercial atmosphere and a bustling environment. However, no company logo or related information of JD Trader was found on the exterior of the building.

The surveyor entered the building lobby and stated their purpose to the security personnel. After communication, they obtained permission to enter the building.

However, upon entering the building, it was discovered that the corresponding directory listed the company as a national department office. Without an appointment, the survey personnel were unable to reach the target floor, the 30th floor, and thus could not confirm the specific location of JD Trader.

No signage or logo of the company was found inside the building, nor was it possible to photograph the reception area or its logo. Additionally, the office is not a shared workspace, and the overall situation does not align with its claimed positioning.

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

Conclusion

The on-site investigator visited the foreign exchange dealer JD Trader in Malaysia as planned, but found no information such as the company name of the dealer at its publicly displayed business address, indicating that the dealer does not have a genuine business 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 considered as the final basis for selection.