Purpose

The UAE foreign exchange market is an emerging forex market developed in recent years, and, with its superior geographical location, open financial policies, and developed economic system, it has attracted the attention of many international financial institutions and investors. To help investors or practitioners gain a more comprehensive understanding of the forex dealers in this region, the site inspection team went to the UAE to conduct field visits.

Process

This issue's field inspection team planned to visit the forex broker Rox Capitals in the UAE. According to public information, its office address is Metropolis Tower 3rd floor office No 310 Business Bay Dubai. United Arab Emirates.

Professional and experienced site inspectors, driven by a sense of mission to strictly safeguard investors, went to the United Arab Emirates according to a meticulous plan. They carried out an on-site verification of the broker Rox Capitals, which claims to be located at Metropolis Tower 3rd floor office No 310 Business Bay Dubai, United Arab Emirates.

The inspectors arrived smoothly at Metropolis Tower. Located in downtown Dubai, the building is a luxurious office tower with an excellent location, surrounded by a prosperous and commercially vibrant environment. However, no company sign or relevant information of Rox Capitals was found on the exterior of the building.

The inspectors entered the lobby and stated their purpose to the security guard. After communication, although they were permitted to enter the lobby, they were not allowed to go upstairs due to the building's strict security.

In the lobby, the inspectors found no complete directory listing for Rox Capitals and did not see the company's LOGO. Since they could not reach the target floor, they could not confirm the company's specific location, let alone enter the office. At the same time, they were also unable to photograph the front desk or its LOGO. This office is not a shared office.

Through the lobby, the inspectors could not observe the company's internal office environment. The overall situation does not match its claimed positioning.

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

Conclusion

The site inspection team went to the UAE as planned to visit the forex broker Rox Capitals. At its publicly displayed business address, the broker's company name and other information could not be seen, indicating that the broker does not have a real place of business. Investors are advised to make their choice after comprehensive consideration.

Disclaimer

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