Purpose

The UAE forex market is an emerging forex market developed in recent years. With its advantageous geographical location, open financial policies, and developed infrastructure, it has attracted the attention of many international financial institutions and investors. To help investors or practitioners gain a more comprehensive understanding of forex dealers in the region, the survey team conducted on-site visits to the UAE.

Process

This issue's on-site inspection team went to the UAE as planned to visit forex broker Grain Falls in person. According to public information, its office address is Burj Khalifa, Downtown Dubai, Dubai.

A professional and experienced on-site inspection team, driven by a sense of mission to strictly vet for investors, went to the UAE according to careful planning. They conducted a field verification of the broker Grain Falls claiming to be located at that address.

The inspection personnel successfully arrived at the Burj Khalifa, which is located in downtown Dubai and is a landmark building of Dubai, with a bustling surrounding environment and a strong commercial atmosphere. However, no signage or related information about the company was found outside the building.

The inspection personnel attempted to enter the building lobby, but the building's security was extremely strict. Despite stating their purpose, they were not granted entry.

Unable to enter the building, they could not reach the target floor to confirm the office area of Grain Falls. They could not photograph the reception desk and its LOGO, and it was not a shared office either.

Through the glass outside the building, the company's internal environment could not be observed.

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

Conclusion

The field investigators went to the UAE as planned to conduct an on-site visit to forex broker Grain Falls. At its publicly displayed business address, they could not see the company name or other information of the broker, indicating that the broker does not have a real business location. Investors are advised to make their decisions after comprehensive consideration.

Disclaimer

The above content and views are for reference only and do not constitute the basis for final selection.