Purpose

The UAE foreign exchange market is an emerging regional core forex market that has gradually developed over the past two decades. Leveraging Dubai's geographical advantage as the Middle East's financial hub, it has gathered a large number of cross-border financial trading institutions. The market is highly open, and its cross-border business reaches multiple regions in West Asia and North Africa. In order to help investors or practitioners gain a more comprehensive understanding of forex dealers in the region, the on-site inspection team went to the UAE for a field visit.

Process

This time, the on-site inspection team traveled to the UAE as planned to visit forex broker COPY MENTORS in person. According to public information, its office address is Office 1902, Jumeirah Business Center 1, JLT Cluster G, Dubai.

A professional and experienced on-site inspection team, driven by a sense of mission to strictly guard investors, went to the United Arab Emirates according to a careful plan. They conducted a field verification of the broker COPY MENTORS, which claimed to be located at Office 1902, Jumeirah Business Center 1, JLT Cluster G, Dubai.

The team successfully arrived at the Jumeirah Business Center 1 building, located in the core business area of downtown Dubai. It is a super-luxury office building in the area, surrounded by dense high-end commercial buildings, with complete business facilities and a strong commercial atmosphere.

After a comprehensive search outside the building, no company signage or promotional information related to COPY MENTORS was found.

Entering the first-floor lobby, the team stated their purpose to the security staff. After registering the visitor information and communicating, they successfully obtained permission to enter the public areas of the building.

While attempting to go to the target 19th floor, it was found that access to this floor was only open to company personnel who had reported to the property management in advance. Without completing a company reservation in advance, it was impossible to reach the specific floor to confirm the corresponding office location or find the office area of COPY MENTORS. Throughout the process, no obvious company signage or related security guidance was seen. Because the company reservation was not completed in advance and there was no corresponding access permission, the team was unable to enter the company's interior. The reception desk and its logo were not captured at all, and the premises was not a shared office.

The team was unable to enter the corresponding office area throughout the process, had no opportunity to observe the company's internal environment, and could not determine whether its office configuration matched its claimed positioning.

Therefore, after the on-site inspection, it was confirmed that the broker COPY MENTORS does not exist at the publicly marked address above.

Conclusion

The on-site inspection team visited the forex broker COPY MENTORS in the UAE as planned, but did not see the broker's company name or other information at its publicly displayed business address, indicating that the broker does not have a real business premises. Investors should make their decision after comprehensive consideration.

Disclaimer

The above content and opinions are for reference only and do not constitute a basis for final selection.