Purpose

The UAE foreign exchange market, developed over the past two decades, is a core hub-type forex market in the Middle East. Leveraging Dubai's policy advantages as a global financial free port, and characterized by low tax burdens and highly free capital flow, it has attracted a large number of international forex brokers to establish operations, making it the most active and widest-reaching core market for forex trading in the Middle East. To help investors gain a more comprehensive understanding of the actual operating conditions of forex dealers in the region and avoid the investment risks of fraudulent licensing, the visiting team traveled to Dubai, UAE, for on-site verification.

Process

This visit team went to the UAE as planned to visit forex broker UnityFX Pro on site. According to public information, its office address is 1703, 17th floor, Business Center, Burdubai, Dubai, UAE.

A professional and experienced inspection team, with a sense of mission to strictly vet for investors, traveled to Dubai, UAE according to meticulous planning, and conducted an on-site verification of the broker UnityFX Pro claimed to be located at 1703, 17th floor, Business Center, Burdubai, Dubai, UAE.

The publicly disclosed address information for this inspection was incomplete. It only provided vague information about the Burdubai area, a business center, and Room 1703 on the 17th floor, without specifying a clear corresponding building name. The team repeatedly compared and checked within the Burdubai area but was unable to locate the building indicated by the address. There were also no signs or directions related to UnityFX Pro in the surrounding area, making it completely impossible to confirm the specific location of the office premises claimed by the broker.

As the accurate entrance to the target building could not be found, the inspection team was completely unable to enter the lobby of any relevant building, had no opportunity to contact security personnel or staff inside, and was unable to complete the subsequent registration process. No permission to enter any relevant building was obtained throughout the entire process.

Because the target building could not even be located, the inspection team had no way to reach the so-called 17th floor, let alone find the office area of the broker UnityFX Pro. Throughout the inspection, no obvious signage or security measures of the company were found, and there was no possibility of entering the interior at all. During this inspection, the team had no opportunity to photograph any front desk or front desk logo, and was completely unable to determine whether the location is a shared office.

Since the corresponding building could never be found, the visiting team could not even approach the glass doors or the front desk area, and were completely unable to observe any so-called internal company environment, which is entirely inconsistent with the broker's publicly claimed positioning of conducting formal operations in Dubai, UAE.
Therefore, after the visit, it was confirmed that the broker UnityFX Pro does not exist at the publicly marked address mentioned above.

Conclusion

As planned, the visiting personnel went to the UAE to conduct an on-site visit to the forex broker UnityFX Pro. At its publicly displayed business address, they could not see any relevant information such as the broker's company name at all, indicating that the broker does not have a real place of business. Investors should make their choice after comprehensive consideration.

Disclaimer

The above content and opinions are for reference only and should not be used as the basis for final decisions.