Purpose

The UAE forex market is an emerging forex market that has developed in recent years. With its superior geographical location, open financial policies, and developed infrastructure, it has attracted the attention of numerous international financial institutions and investors. In order 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 time, the survey team plans to visit the UAE to physically inspect forex broker motive markets. According to public information, its office address is OFFICE NO. A1106 - 042, THE OPUS BY OMNIYAT, BUSINESS BAY, DUBAI, UAE.

A professional and experienced site inspection team, with a mission to strictly vet for investors, followed a meticulous plan and went to the United Arab Emirates. They conducted an on-site verification of the broker motive markets claiming to be located at OFFICE NO. A1106 - 042, THE OPUS BY OMNIYAT, BUSINESS BAY, DUBAI, UAE.

The site inspectors successfully arrived at the target building, which is a super-luxury office building located in downtown Dubai, right next to the Burj Khalifa. The surrounding environment is bustling with a strong commercial atmosphere. However, no company logo or related information of the broker motive markets was found on the exterior of the building.

The site inspectors entered the building lobby, stated their purpose to the security guard, and after communication, obtained permission to enter.

After arriving at the target floor, the inspectors found that the floor was a business centre with many small offices, each office could serve as a company. However, upon reaching the corresponding office door, they found that the company name was a different company, and there was no obvious signage or security measures for motive markets. Since it was not the company's office area, the inspectors could not enter the interior, nor could they take photos of the front desk and its logo, and the office was not a shared office.

Through the glass door, the inspectors attempted to observe the interior of the company, but due to inability to enter, they could not see the internal environment, decoration style, or employee activities, making it impossible to determine whether the overall environment matched its claimed positioning.

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

Conclusion

The inspection team went to the UAE as planned to visit forex dealer motive markets. At its publicly displayed business address, they could not see the company name or other information of the dealer, indicating that the dealer does not have a real business premises. Investors should make their decisions after comprehensive consideration.

Disclaimer

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