Purpose

The forex market in Dubai, United Arab Emirates, is an international offshore forex trading market that has gradually developed over the past two decades. Relying on the local liberal financial policies, well-established supporting services, and its geographical advantage facing the three continents of Europe, Asia, and Africa, it has attracted a large number of licensed forex brokers from around the world to establish a presence there, and is the most influential forex trading hub in the Middle East. In order to help investors gain a more comprehensive understanding of the actual office conditions of forex brokers in the region, the on-site visit team traveled to Dubai, United Arab Emirates, to carry out this verification work.

Process

In this issue, the field inspection team went to Dubai, United Arab Emirates as planned to conduct an on-site visit to forex broker CLIQ FX. According to publicly available information, its office address is 41st Floor, Platinum Tower, Cluster I, Jumeirah Lakes Towers, Dubai, United Arab Emirates.

A professional and experienced on-site inspection team, with a sense of mission to strictly safeguard investors, went to Dubai, UAE according to a thorough plan. They conducted an on-site verification of broker CLIQ FX, which claims to be located at the above address.

The on-site inspection team successfully arrived at Platinum Tower, which is located in Dubai's core commercial area and is a local ultra-luxury office building; the surrounding commercial atmosphere is very strong, and outside the building, no company identification information related to CLIQ FX was found.

The on-site inspection team entered the first-floor lobby of the building and explained their purpose to the security personnel. After communication, the building's security was extremely strict; because there was no prior appointment, the visitors could not obtain permission to go upstairs.

The on-site inspection team was unable to reach the target floor, the 41st floor, nor did they find any signage related to CLIQ FX's office area; they could not enter the corresponding floor area, could not photograph the reception desk or its LOGO, and the address is not a shared office.

Because they could not go upstairs, the on-site inspection team had no way to observe the company's internal environment through any area, nor could they confirm whether its internal environment matched the claimed positioning.

Therefore, after the on-site inspection, it was confirmed that broker CLIQ FX does not exist at the above publicly stated address.

Conclusion

The field inspection team went to Dubai, UAE as planned to conduct an on-site visit to forex broker CLIQ FX. At its publicly disclosed business address, they could not see the broker's company name or other information, indicating that the broker does not have a genuine business premises. Investors are advised to make their choice after comprehensive consideration.

Disclaimer

The above content and opinions are for reference only and should not be used as the basis for final selection.