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 one of the world's major forex trading hubs, it features flexible trading hours, a diverse range of trading products, and a variety of market participants. To help investors or professionals 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 proceeded to Singapore as scheduled to conduct a field visit of the forex broker Phillip Nova. According to publicly available information, its office address is 250 North Bridge Road #07-01, Raffles City Tower Singapore 179101.

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 Phillip Nova.

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 250 North Bridge Road #07-01, Raffles City Tower Singapore 179101Phillip Nova.

The inspection personnel successfully arrived at Raffles City Tower, located in the heart of Singapore's downtown area, surrounded by a bustling environment and a strong commercial atmosphere. It is one of the most vibrant office buildings in Singapore's city center, and the full view of the building can be seen from the exterior.

Moreover, a company directory was found inside the building, which contained information related to Phillip Nova.

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

However, the process of reaching the target floor did not go smoothly. Due to strict security measures, the inspection personnel were unable to access the specific floor and confirm the exact location, nor could they enter the company premises. It is not a shared office space, and they failed to photograph the reception area or the logo at the front desk.

Through the lobby area, although it's not possible to see the internal office environment (since entry is restricted), the overall specifications and atmosphere of the building align with its positioning as a forex trading company.

Therefore, after on-site verification, it is confirmed that the dealer Phillip Nova exists at the above address.

Conclusion

The on-site investigator visited the forex broker Phillip Nova in Singapore as planned. The broker's company name and other information were visible at the publicly displayed business address, indicating that the broker has 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 considered as the final basis for decision-making.