Purpose

The Malaysian foreign exchange market is an emerging market that has developed in recent years. With the continuous growth of Malaysia's economy and the gradual opening of its financial markets, the importance of foreign exchange trading in the country has become increasingly prominent. To help investors or practitioners gain a more comprehensive understanding of forex brokers in the region, an on-site inspection team visited Malaysia for field research.

Process

The on-site inspection team visited the forex broker OnePlusFx in Malaysia as planned. According to public information, its office address is 1-23A, 1st Floor, Paragon, Jalan Mustapha, 87000 Labuan F. T..

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 claiming to be located at OnePlusFx.

The field investigator successfully arrived at the target building, which is a serviced apartment located in a relatively bustling area of the locality, with average surrounding commercial activity. The company's logo is visible on the exterior of the building.

The surveyor entered the building lobby, stated their purpose to the security guard, and was granted entry permission.

Upon arriving at the target floor, the field investigator found that there were some companies and shared offices on the second level, but the office area of OnePlusFx had no obvious signage. Due to the inability to locate any relevant company information, the investigator could not enter the premises, nor could they photograph the reception area or its logo. Additionally, this office was not a shared workspace.

Through the public areas, the inspector was unable to observe the internal environment of the company and other conditions.

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

Conclusion

The on-site investigator visited the forex broker OnePlusFx in Malaysia as planned, 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 taken as the final basis for selection.