Purpose

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

Process

The on-site inspection team visited the forex broker LTIF in Malaysia as planned. According to public information, its office address is Suite 14-01, Level 14, Wisma UOA II, No 21, Jalan Pinang, 50450 Kuala Lumpur, Malaysia.

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 trader LTIF, which claims to be located at Suite 14-01, Level 14, Wisma UOA II, No 21, Jalan Pinang, 50450 Kuala Lumpur, Malaysia.

The inspection personnel successfully arrived at Wisma UOA II, located on a bustling street in Kuala Lumpur, Malaysia, with a vibrant surrounding environment and strong commercial atmosphere. However, no company signage or related information was found on the exterior of the building.

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

Inside the building, there are no signage or directory information. Without an appointment, the inspection personnel were unable to reach the target floor (14th floor) to confirm the specific location, nor could they enter the company premises. As a result, they were unable to photograph the reception area or the company logo at the front desk. Additionally, this office is not a shared workspace.

Through the lobby area, the on-site inspectors were unable to observe the internal environment of the company, making it impossible to confirm whether the overall situation aligns with its claimed positioning.

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

Conclusion

As planned, the field investigator visited the forex broker LTIF in Malaysia, but found no information such as the company name 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 selection.