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 the world's fourth-largest forex trading hub, it has attracted numerous international financial institutions and forex traders to conduct business here, thanks to its advantageous geographical location, well-established financial infrastructure, and open policy environment. To help investors or practitioners gain a more comprehensive understanding of forex traders in this region, an on-site inspection team conducted field visits in Singapore.

Process

The on-site inspection team visited the forex broker CMC Markets in Singapore as planned. According to public information, its office address is "CMC MARKETS SINGAPORE 2 Central Boulevard IOI Central Boulevard Towers, #25 - 03 Singapore 018916 Singapore".

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, meticulously planned and traveled to Singapore to conduct an on-site verification of the trader CMC Markets claiming to be located at the said address.

The inspection personnel successfully arrived at IOI Central Boulevard Towers, which is located in the prime position of Singapore's most bustling street, surrounded by a prosperous environment and a strong commercial atmosphere. No company signage was found on the exterior of the building.

The surveyor entered the building lobby and stated their purpose to the security personnel. After registration, they obtained permission to enter.

Upon arriving at the target floor, the 25th floor, the surveyor could see the company's logo and noticed that the office area of CMC Markets had clear signage. Due to the lack of an appointment, the surveyor was unable to enter the interior. However, the surveyor was able to photograph the reception desk and its logo, and it was confirmed that the office was not a shared workspace.

Through the glass door, the on-site inspector observed a bustling office environment inside the company, with the overall setting aligning with its claimed positioning.

Therefore, after on-site verification, it is confirmed that the dealer CMC Markets exists at the above address.

Conclusion

The on-site investigator visited the forex broker CMC Markets in Singapore as planned. The broker's company name and other information were visible at the publicly displayed business address, indicating the existence of 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 considered as the final basis for decision-making.