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 has attracted numerous international financial institutions and forex traders to conduct business here, thanks to its advantageous geographical location, stable political environment, advanced financial infrastructure, and open financial policies. To help investors or professionals gain a more comprehensive understanding of forex traders in the region, an on-site inspection team visited Singapore for field research.

Process

The on-site inspection team visited the forex broker TrustFxCapital in Singapore as planned. According to public information, its office address is 10 JLN Serene, Serene Center, Singapore 258748.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet investments for investors, meticulously planned and traveled to Singapore to conduct an on-site verification of the trader TrustFxCapital reportedly located at 10 JLN Serene, Serene Center, Singapore 258748.

The field investigator successfully arrived at the target location, which is situated in a relatively remote area of Singapore, adjacent to the Singapore Botanic Gardens. The building is a small business plaza with a quiet surrounding environment but lacks a strong commercial atmosphere. No company signage or related information was found on the exterior of the building. The building does not resemble an office tower, and the address provided was not detailed enough to gather any information about the company.

The inspector entered the building lobby and, after explaining their purpose to the security personnel, obtained permission to enter. However, no signage for the company was found inside the building, nor was the company's logo visible.

Due to the inability to determine the specific floor and location, the on-site inspectors could not reach the target floor, making it impossible to confirm whether there were clear signs or security measures in the company's office area, let alone enter the company's premises. Additionally, they were unable to photograph the reception area or its logo, and the office was not a shared workspace.

Through the building lobby, it was impossible to observe the internal environment of the company due to the inability to obtain more information about its operations. Overall, no valid information related to this broker could be obtained, which does not align with its claimed presence at the stated office address.

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

Conclusion

The on-site investigator visited the forex broker TrustFxCapital 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 views are for reference only and should not be taken as the final basis for selection.