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 robust financial regulation. To help investors or professionals gain a more comprehensive understanding of forex brokers in the region, an on-site inspection team conducted field visits in Singapore.

Process

The on-site inspection team visited the forex broker CRYPTO1CAPITAL in Singapore as scheduled. According to public information, its office address is 3 Temasek Blvd, Singapore 038983.

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 CRYPTO1CAPITAL.

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 3 Temasek Blvd, Singapore 038983 CRYPTO1CAPITAL.

The inspection personnel successfully arrived at the target building, which is located in a landmark area of Singapore, surrounded by a bustling environment and a strong commercial atmosphere.

The building directory was photographed outside the building, but no company logo or relevant information for CRYPTO1CAPITAL was found.

The surveyor entered the building lobby, explained their purpose to the security personnel, and after communication, obtained permission to enter.

However, while searching for the target floor, it was found that the specific floor could not be accessed to confirm the exact location of the company. Shared office spaces were visible on this floor, but no clear signage or security measures were observed for CRYPTO1CAPITAL's office area. Due to the inability to pinpoint the exact location, the investigator could not enter the premises and thus failed to photograph the reception area or the front desk logo. This office is not a shared workspace.

Through the common areas of the floor, since access to the company's interior is not permitted, one can only ascertain that entry is denied. It is impossible to observe the internal environment, decoration style, employee activities, and other details of the company. Consequently, it is also impossible to judge whether the overall environment aligns with its claimed positioning.

Therefore, after on-site verification, it is confirmed that the dealer CRYPTO1CAPITAL does not exist at the aforementioned address.

Conclusion

The on-site investigator visited the forex broker CRYPTO1CAPITAL in Singapore as planned. No information such as the company name of the broker was found at the publicly displayed business address, indicating that the broker does not have a genuine business location. 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.