Purpose

The UAE foreign exchange market is an emerging forex market that has developed in recent years. With its advantageous geographical location, open financial policies, and advanced financial infrastructure, it has gradually become an important forex trading center in the Middle East. To help investors and practitioners gain a more comprehensive understanding of forex brokers in the region, the field inspection team visited the UAE for an on-site survey.

Process

This time, the field investigation team planned to go to the United Arab Emirates to conduct an on-site visit to forex broker Goldway Global Markets. According to public information, its office address is 33 Level, Al Saqr Business Tower, Sheikh Zayed Road, Dubai - Dubai - United Arab Emirates.

The professional and experienced on-site inspection team, with a sense of mission to strictly safeguard investors, traveled to the United Arab Emirates according to a well-planned schedule. They conducted an on-site verification of the broker Goldway Global Markets, which claims to be located at 33 Level, Al Saqr Business Tower, Sheikh Zayed Road, Dubai - Dubai - United Arab Emirates.

The inspectors arrived smoothly at Al Saqr Business Tower. Located in the heart of Dubai, this is an ultra-luxury office building surrounded by a strong commercial atmosphere and bustling environment. However, no signage or relevant information about the company was found outside the building.

The inspectors entered the building's lobby, stated their purpose to the security guard, and obtained permission to enter. Upon entering the lobby, they found a directory board with information on all companies, but after a careful search, no information related to Goldway Global Markets was found.

Due to the building's strict security, the inspectors were unable to reach the target floor, the 33rd floor, and thus could not confirm the company's specific location. Naturally, they could not enter the company's premises, could not take photos of the reception area or the reception logo, and it is not a shared office.

From behind the glass, some public areas inside the building could be seen, but because the inspectors could not enter the company's premises, they were unable to observe the internal office environment. Therefore, they could not determine whether the overall situation matched the company's claimed positioning.

Therefore, after the on-site inspection, it was confirmed that the broker Goldway Global Markets does not exist at the above address.

Conclusion

The inspection team visited the forex dealer Goldway Global Markets in the UAE as planned. At its publicly displayed business address, they could not see the dealer's company name or other information, indicating that the dealer does not have a real business premises. Investors are advised to make their decisions after comprehensive consideration.

Disclaimer

The above content and opinions are for reference only and do not serve as the basis for final decisions.