Purpose

The UAE foreign exchange market is an important regional forex market that has developed in recent years. Leveraging its advantageous geographical location, open financial policies, and developed business environment, it has become the core hub for forex trading in the Middle East. To help investors or practitioners gain a more comprehensive understanding of forex brokers in the region, the on-site inspection team visited the UAE for field research.

Process

This time, the survey team went to the UAE as planned to visit the forex broker Arqaam capital on site. According to public information, its office address is Level 27, Index Tower Dubai International Financial Centre, PO Box 506687, Dubai, UAE.

A professional and experienced site inspection team, with a sense of mission to strictly vet for investors, went to the UAE following a well-planned itinerary. They conducted an on-site verification of the broker Arqaam capital, which claims to be located at Level 27, Index Tower Dubai International Financial Centre, PO Box 506687, Dubai, UAE.

The inspectors arrived smoothly at Index Tower, which is located in the heart of Dubai. It is a super-luxury landmark office building, surrounded by a bustling environment with a strong commercial atmosphere. Although no company logo was found on the exterior of the building, upon entering the building, one could see a company directory board with information corresponding to Arqaam capital.

The inspectors entered the building lobby and stated their purpose to the security guard. After communication, they were granted permission to enter the lobby.

Due to the building's strict security, one cannot go upstairs without an appointment. As a result, they were unable to reach the target floor, Level 27, and could not confirm whether the Arqaam capital office area has clear signage or security measures, let alone enter the interior. At the same time, they were also unable to take photos of the front desk and its logo, and the office is not a shared office.

Through the lobby, although the internal environment of the company could not be observed, judging from the overall luxury of the building, it matches its positioning in the industry.

Therefore, after the site inspection, it was confirmed that the broker Arqaam capital exists at the above address.

Conclusion

The survey personnel went to the UAE as planned to visit the forex broker Arqaam capital in person. At its publicly displayed business address, the relevant information of the broker can be seen, indicating that the broker has a real business premises. Investors are advised to make a decision after comprehensive consideration.

Disclaimer

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