Purpose

The UAE forex market is a core offshore forex market in the Middle East that has developed over the past two decades. Relying on Dubai's locational advantages as a global financial hub, it has attracted a large number of licensed and compliant international brokers, serving cross-border trading demand across the entire MENA region. To help investors and practitioners gain a more comprehensive understanding of the actual operating conditions of forex brokers in the region, the on-site inspection team traveled to the UAE for a field visit.

Process

This edition's on-site inspection team went to the United Arab Emirates as planned to visit forex broker PUPRIME. According to public information, its office address is The Prime Tower, Office No. 1209, Business Bay, Plot No. 68-0, Makani No. 25836 86879, Dubai, United Arab Emirates.

A professional and experienced on-site inspection team, with a sense of mission to strictly safeguard investors, traveled to the United Arab Emirates according to a well-planned schedule to conduct a field visit of the broker PUPRIME claiming to be located at the aforementioned address.

The inspectors successfully arrived at The Prime Tower, which is located in the core Business Bay area of downtown Dubai. The surrounding environment is very bustling, with a strong commercial atmosphere. It is a super-luxury office building in downtown Dubai, with a clear and orderly full view, and is a highly recognizable high-end business landmark in the area.

No company signage or related information for PUPRIME was found outside the building.

The inspectors entered the lobby on the first floor of the building and stated their purpose to the security guards or staff. After routine registration and communication, they were successfully granted entry. The building does not have a complete company directory indicating the enterprises on each floor.No related LOGO displays of PUPRIME were seen inside or outside the building.

Upon arriving at the target floor, the 12th floor, the inspectors found that the office area of PUPRIME had clear independent door signage,

Due to strict security and lack of prior appointment, the inspectors were unable to enter the company's interior. This on-site inspection confirmed that the office space is not a shared office, and they successfully photographed the reception desk and its LOGO.

Through the glass door, the reception area was clearly visible. The inspectors observed that the company's interior decoration is quite good, and the overall office environment is grand and impressive, fully in line with the office positioning of a high-end financial broker.

Therefore, after the on-site inspection, it is confirmed that the broker PUPRIME truly exists at the aforementioned address.

Conclusion

The on-site inspection personnel went to the UAE as planned to conduct a field visit to the forex broker PUPRIME. At its publicly displayed business address, although no public signage such as the company name was seen in the building's common areas, they successfully reached the corresponding floor and verified the dedicated office space, and photographed the reception desk with the brand logo, indicating that the broker has a genuine business premises. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

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