Purpose

The UAE foreign exchange market is an emerging regional forex market that has developed rapidly over the past two decades. Leveraging Dubai's geographical advantage as the financial hub of the Middle East, it has attracted a large number of forex dealers from around the world and is one of the core nodes connecting the forex trading links of Asia, Europe, and Africa. In order to help investors or practitioners gain a more comprehensive understanding of the forex dealers in the region, the on-site inspection team traveled to the UAE for a field visit.

Process

This survey team, as planned, went to the UAE to conduct an on-site visit to forex broker NPE Market. According to public information, its office address is 24th floor, the one tower, barsha heights, p.o. box 390114, 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. They conducted an on-site verification of the broker NPE Market, which claims to be located at 24th floor, the one tower, barsha heights, p.o. box 390114, dubai, united arab emirates.

The team arrived smoothly at The One Tower building, located in Dubai's core business district. It is a well-known luxury office building in the area, with a strong commercial atmosphere and a dense flow of business people passing by.

After repeatedly checking the public areas outside the building, no company signage or promotional information related to NPE Market was found.

Entering the lobby on the first floor of the building, the team stated their purpose to the staff. After simple information registration and communication, they successfully obtained permission to enter the public areas of the building.

When attempting to reach the target floor, the 24th floor, it was found that this floor is a shared office area. No independent office area for NPE Market was found, nor was any obvious company signage visible. Due to visitor access restrictions in the shared office area, the team could not directly enter the interior of the office area. Throughout the process, no front desk or front desk LOGO of the company was photographed. The office attribute corresponding to this address is a shared office.

After inquiring at the front desk of the shared office area, the staff stated that NPE Market had only been registered in the system and had only applied for virtual office services, with no corresponding physical office space. Moreover, the company had already withdrawn from the shared office system as early as after 2025, and there were no actual office workstations occupied.

Therefore, after the on-site inspection, it was confirmed that the broker NPE Market does not exist at the above address.

Conclusion

As planned, the field inspectors went to the UAE to conduct an on-site visit to forex broker NPE Market. At its publicly displayed business address, they could not see the broker's company name or other information, indicating that the broker does not have a real business premises. Investors should make their choice after comprehensive consideration.

Disclaimer

The above content and opinions are for reference only and shall not serve as the basis for final decisions.