Purpose

The UAE foreign exchange market is a regional core forex trading market that has gradually developed over the past two decades. Leveraging Dubai's strategic position as the Middle East's financial hub, it has attracted a large number of forex brokers and financial service institutions from around the world, with trading coverage extending across the Middle East, North Africa, and multiple regions in South Asia. The market features a high degree of openness and strong capital liquidity, making it a highly active emerging market segment in the global forex landscape. To help investors gain a more comprehensive understanding of the actual operating conditions of licensed forex dealers in the region, the on-site inspection team traveled to the UAE to conduct field visits.

Process

For this issue, the field inspection team traveled to the UAE as planned to conduct an on-site visit to forex broker EMPERESSE BULLION. According to public information, its office address is Shop # 4, Plot # 514 (113 – 228), Al Dhagaya, Deira, PO Box No 65005. Dubai, United Arab Emirates.

The professional and experienced site inspection team, driven by a sense of mission to conduct strict due diligence for investors, traveled to the United Arab Emirates according to meticulous planning. It conducted an on-site verification of the broker EMPERESSE BULLION claiming to be located at the above address. The actual finding of this on-site visit was that no building corresponding to the address was found in the indicated area, and the company's location could not be confirmed.

After repeatedly comparing street numbers and plot numbers in the target area, it remained impossible to locate the building corresponding to the address. The streets and the existing shop layout in the area did not match the public address description at all. The target building indicated by the address does not exist, so naturally no panoramic view of the building could be photographed, and there was no signage information related to EMPERESSE BULLION anywhere in the area.

Since the corresponding building could not be found at all, it was impossible to enter the lobby of any related building at any point during the process. There was no opportunity to communicate with or register with security or staff, and no possibility of obtaining permission to enter.

Because the target building itself does not exist, it was completely impossible to reach the specific floor indicated by the address, let alone confirm the specific office location claimed by the broker. There was no company nameplate or signage of the broker anywhere in the entire building, and no LOGO information belonging to EMPERESSE BULLION could be found either inside or outside the building.

Due to the corresponding building could not be found, there was no possibility of entering the company's interior, no shared-office setting to observe, and no way to photograph the front desk or its LOGO. Throughout the entire process, no part of the broker's internal office environment could be accessed, and no related internal scene information could be obtained.

Therefore, after the site inspection, it was confirmed that the broker EMPERESSE BULLION does not exist at the above address.

Conclusion

The surveyors went to the UAE as planned to conduct an on-site visit to forex broker EMPERESSE BULLION. At its publicly displayed business address, they were completely unable to locate the corresponding building, nor did they see any relevant information such as the broker's company name, indicating that the broker 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 should not be used as the basis for final selection.