Purpose

The UAE foreign exchange market is an important forex market that has developed in recent years. With its advantageous geographical location, open financial policies, and developed business environment, it has attracted numerous international financial institutions and investors. To help investors or practitioners gain a more comprehensive understanding of forex brokers in the region, the survey team conducted an on-site visit to the UAE.

Process

This period's on-site inspection team planned to visit the forex dealer NFX in the UAE. According to public information, its office address is 2933, 29th floor, Prime Tower, Marasi Drive Street. Near Burj Khalifa. Business Bay. PO Box - 7998 - Dubai - UAE.

The professional and experienced inspection team, with a sense of mission to strictly vet for investors, went to the UAE following a well-planned schedule. They conducted an on-site verification of the broker NFX claimed to be located at the aforementioned address.

The inspectors arrived smoothly at Prime Tower, which is located in downtown Dubai, with a bustling surrounding environment and a strong commercial atmosphere. The building is a super-luxury office building in downtown Dubai, but there is no complete directory information on the first floor of the building.

The inspectors entered the building lobby, stated their purpose to the security guard or staff. After communication, they were granted access.

Upon arriving at the target floor, the 29th floor, the inspectors found directory information on that floor, and could see the company NFX.

NFX's office area is located in an area similar to a shared office business centre, with a small office belonging to this company. Due to reasons such as no appointment, the inspectors were unable to enter the interior, but they could photograph the front desk and the LOGO at the front desk.

Through the glass door, the inspectors observed that the company's internal office environment was simple, and the overall environment did not match its claimed positioning.

Therefore, after the inspection, it was confirmed that the broker NFX exists at the aforementioned address.

Conclusion

The on-site investigators went to the UAE to visit the forex dealer NFX as planned. At its publicly displayed business address, the company name and other information of the dealer can be seen, indicating that the dealer has a real business premises. Please make your choice after comprehensive consideration.

Disclaimer

The above content and opinions are for reference only and are not the basis for final selection.