Purpose

The Malaysian foreign exchange market is an emerging forex market that has developed in recent years. With the 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, an on-site inspection team conducted field visits in Malaysia.

Process

This issue, as planned, involves an on-site visit to Malaysia to investigate the forex brokerGlobal You Trade. Public information indicates its office address is 10 - G, Lorong Tiong Nam 3, Chow Kit, 50350 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia.

A professional and experienced 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 Global You Trade claimed to be located at the said address.

The team successfully arrived at the target small Western-style house. The surrounding environment is relatively ordinary, with a mediocre commercial atmosphere. No company logos or related information were found on the exterior of the small Western-style house.

The team arrived at the small Western-style house, but since there was no obvious lobby or security personnel to communicate with, they couldn't obtain permission to enter.

Since access to the small Western-style house was not possible, reaching the target floor to confirm the specific location was also unattainable. No obvious signage or security measures were observed in the Global You Trade office area. Entry to the interior was not permitted, and the premises were not a shared office space.

Through the exterior of the small Western-style house, there is no obvious visible area, making it impossible to observe the internal environment of the company and other details.

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

Conclusion

As planned, a visit was made to the physical location of the forex broker in Malaysia, Global You Trade, but 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 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 considered as the final basis for decision-making.