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 flexible trading hours and a diverse range of trading products. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, an on-site inspection team conducted field visits in Singapore.

Process

The on-site inspection team visited the forex broker Fintradix in Singapore as scheduled. According to public information, its office address is 3 Church St, Singapore 049483, Singapore.

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 Fintradix.

The field investigator proceeded to the target area based on the address information to conduct an on-site verification of the dealer claiming to be located at 3 Church St, Singapore 049483, SingaporeFintradix.

The field investigator successfully arrived at the target commercial building. There was no relevant description of the surrounding environment. No company signage or related information was found on the exterior of the building.

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

However, upon arriving at the commercial building as directed by navigation, no company directory or floor indications were found, making it impossible to determine the specific floor or identify any clear signage or security measures for Fintradix's office area. Unable to pinpoint the exact location, the investigator could not enter the premises or photograph the reception area and its logo. The office in question is not a shared workspace.

Through the building lobby, the on-site inspectors were unable to observe the internal environment of the company, as they could not enter the premises at all. The overall situation does not match its claimed positioning.

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

Conclusion

The on-site investigator visited the forex broker Fintradix 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 location. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

The above content and opinions are for reference only and should not be considered as the final basis for selection.