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87 Witthayu Road, Pathum Wan, Bangkok, Thailand
Purpose
The Thai foreign exchange market is an emerging market that has developed in recent years. With the continuous growth of Thailand's economy and the gradual opening of its financial markets, foreign exchange trading has become increasingly active in Thailand. To help investors or practitioners gain a more comprehensive understanding of forex brokers in the region, an on-site inspection team was dispatched to Thailand for field visits.
Process
The on-site inspection team visited the forex broker DAOL SECURITIES in Thailand as scheduled. According to public information, its office address is 87/2 CRC Tower, 18th Fl., All Seasons Place, Wireless Road, Lumpini, Pathumwan, Bangkok 10330 THAILAND.
A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, traveled to Thailand according to a well-planned schedule. Based on the aforementioned information, they conducted an on-site visit to the dealer DAOL SECURITIES.
The field investigator proceeded to the target area based on the address information to conduct an on-site verification of the trader DAOL SECURITIES claimed to be located at the aforementioned address.
The inspection personnel successfully arrived at the target building, which is located in the downtown area of Thailand and is a luxurious office tower with a bustling surrounding environment and a strong commercial atmosphere. However, no company logo or related information of DAOL SECURITIES was found on the exterior of the building.
The on-site investigator entered the building lobby and explained their purpose to the security personnel, but failed to obtain entry permission. They also couldn't locate the company's nameplate within the building. Due to the lack of entry approval, the investigator couldn't access the target floor (18th floor), making it impossible to verify whether DAOL SECURITIES had visible signage or security measures in their office area, let alone enter the company premises. Additionally, they couldn't photograph the reception desk or its logo. The office in question is not a shared workspace.
Through the lobby, the on-site inspectors were unable to observe the internal environment of the company, making it impossible to determine whether the overall situation aligns with its claimed positioning.
Therefore, after on-site verification, it is confirmed that the dealer DAOL SECURITIES does not exist at the above address.
Conclusion
The on-site investigator visited the forex broker DAOL SECURITIES in Thailand as planned. However, 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 operational 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.
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