Purpose

The Singapore foreign exchange market is an emerging forex market that developed in the 1970s alongside the rise of the Asian dollar market. As the world's fourth-largest forex trading hub, it features diverse trading products, flexible trading hours, and a wide range of market participants. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team conducted field visits in Singapore.

Process

The on-site inspection team visited the forex broker Coinfxminers in Singapore as planned. According to public information, its office address is 3015 Suit pagla road, Singapore.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to Singapore to conduct an on-site verification of the dealer claiming to be located at 3015 Suit pagla road, Singapore Coinfxminers.

During the search, the field investigator found that the address does not exist. Even when arriving at a similar location, there were no signs related to the company in the surrounding area. There was no obvious commercial atmosphere here, and no company signage or relevant information could be found on the streets.

Since the address itself does not exist, the field investigator cannot enter the so-called building or conduct any further visits.

Because it was impossible to reach the target floor, the inspector failed to locate the company, and there was no opportunity to photograph the reception area or logo. Additionally, the address is not a shared office space.

Therefore, it is completely impossible to enter the so-called company premises or observe the internal environment, and the overall situation does not match the claimed location at this address.

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

Conclusion

The on-site investigator visited the forex broker Coinfxminers in Singapore as planned. The broker's company name and other information were not found at the publicly displayed business address, indicating that the broker does not have a genuine operational presence. 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 final basis for selection.