Purpose

The UAE foreign exchange market is an emerging forex market that has developed in recent years. With its superior geographical location, open financial policies, and developed economic system, it has become an important forex trading center in the Middle East. In order to help investors or practitioners gain a more comprehensive understanding of forex brokers in the region, the on-site inspection team conducted a field visit to the UAE.

Process

This on-site survey team went to the UAE as planned to visit the forex broker Tell LTD. According to public information, its office address is Unit 31 - 35, Level 31, Central Park Offices, DIFC, PO Box 506983, Dubai, UAE.

A professional and experienced on-site verification team, with a sense of mission to strictly vet for investors, went to the UAE according to a well-planned schedule. They conducted an on-site inspection of the broker Tell LTD claiming to be located at Unit 31 - 35, Level 31, Central Park Offices, DIFC, PO Box 506983, Dubai, UAE.

The verification personnel arrived smoothly at Central Park Offices, which is a super luxury building located in the center of Dubai. The surrounding environment is bustling with a strong commercial atmosphere. No company signage or related information was found outside the building.

The verification personnel entered the building lobby and explained their purpose to the security guard. After communication, they obtained permission to enter the lobby.

In the lobby, the directory of all companies can be seen. On the directory, the information of Tell LTD is clearly visible, and the company's logo is located inside the building.

However, due to strict security, the verification personnel did not obtain permission to go to the target floor 31, so they could not reach the specific floor and confirm the company's exact location. Naturally, they could not enter the company's interior, nor could they take photos of the reception desk and its logo. This office is not a shared office.

Through the lobby area, although unable to observe the company's internal office environment, judging from the overall luxury of the building, the overall environment is consistent with the positioning claimed by the broker.

Therefore, after the on-site verification, it is confirmed that the broker Tell LTD exists at the above address.

Conclusion

The on-site inspection team went to the UAE as planned to visit forex broker Tell LTD. At its publicly displayed business address, the company name and other information of the broker can be seen, indicating that the broker has a genuine business location. Investors should make their decision after comprehensive consideration.

Disclaimer

The above content and views are for reference only and do not constitute a basis for final decisions.