Purpose

The Singapore foreign exchange market, which developed in the 1970s, has become one of Asia's important forex trading centers due to its advantageous geographical location and liberal financial policies. 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 Jaypee Capital in Singapore as scheduled. According to public information, its office address is 143, CECI Street, #03-01, G B Building Singapore 069542.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, traveled to Singapore according to a well-planned schedule. Based on the aforementioned information, they conducted an on-site visit to the dealer Jaypee Capital.

The field investigator proceeded to the target area based on the address information to conduct an on-site verification of the dealer Jaypee Capital claimed to be located at 143, CECI Street, #03-01, G B Building Singapore 069542.

The inspector successfully arrived at the G B Building, where the surrounding environment did not present the typical scene expected for a corporate campus or street.

The full view of the building can be captured, but no company logos or related information were found on the exterior of the building.

The surveyor entered the building lobby and stated their purpose to the security or staff. After communication, they obtained entry permission.

Upon arriving at the target floor (third level), the field investigator found that it was a shared office space with no visible signage or security measures for Jaypee Capital. Due to reasons such as lack of prior appointment, the investigator was unable to enter the premises or photograph the reception area and its logo.

Through the shared office area, the inspectors could not observe the internal office environment of the company because they were not allowed to enter, making it impossible to determine whether the overall environment aligns with its claimed positioning.

Therefore, after on-site verification, it is confirmed that the broker Jaypee Capital does not exist at the above address.

Conclusion

The on-site investigator visited the forex broker Jaypee Capital in Singapore as planned. At the publicly displayed business address, no information such as the company name of the broker was found, 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 opinions are for reference only and should not be used as the sole basis for final decision-making.