Purpose

The UAE forex market is an emerging regional international forex trading market that has developed over the past two decades. Leveraging Dubai's positioning as an international financial hub, it has brought together a large number of forex brokers from around the world, serving trading users across the Middle East, North Africa, and multiple surrounding regions. To help investors gain a more comprehensive understanding of the actual office conditions of forex brokers in the region, we traveled to the UAE for an on-site visit.

Process

In this issue, the team traveled to the UAE as planned to conduct an on-site visit to forex broker AmariFX. According to publicly available information, its office address is Port Saeed Area, Alansari Building  Unit 215  PO Box 54382, Dubai,  United Arab Emirate.

A professional and experienced visit team, with a sense of mission to strictly safeguard investors, according to careful planning, went to the United Arab Emirates. Conducted an on-site verification of the broker AmariFX claiming to be located at Port Saeed Area, Alansari Building  Unit 215  PO Box 54382, Dubai,  United Arab Emirate.

The visitors successfully arrived at the corresponding building marked on Google Maps. The location is near the airport in Dubai, and it is an old building, not a traditional commercial office building. There is no mature commercial cluster atmosphere around, and no company signs or information related to AmariFX were found outside the building. Only a complete panoramic view of the building could be photographed.

The visitors attempted to enter the lobby of the building but were stopped by on-site staff, unable to obtain entry permission, and could not enter the interior of the building.

The visitors could not reach the target floor, nor confirm the specific location of Unit 215. Throughout the process, no office area of AmariFX was found. There were no obvious signs or security measures. There was no opportunity to enter the interior, and it was completely impossible to photograph the reception desk and its LOGO. The place is also not a shared office.

The visitors could not enter the interior of the building, could not observe the company's internal environment, which completely does not match its claimed legitimate business office positioning.

Therefore, after the on-site inspection, it is confirmed that the broker AmariFX does not exist at the above address.

Conclusion

The visiting personnel went to the United Arab Emirates as planned to conduct an on-site visit to forex broker AmariFX. At its publicly displayed business address, no information such as the broker's company name could be seen, indicating that the broker does not have a real business premises. Investors are advised to 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 selection.