Purpose

Singapore Foreign Exchange Market is an emerging foreign exchange market that developed in the 1970s, alongside the rise of the Asian dollar market. It is one of the important global hubs for foreign exchange trading, characterized by flexible trading hours and a rich variety of trading products. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team traveled to Singapore for field visits.

Process

The on-site inspection team visited the forex broker Consilium Global in Singapore as scheduled. According to public information, its office address is 319B ANCHORVALE DRIVE, #15-102 542319 Singapore.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors, proceeded according to a well-planned schedule to the target area in Singapore. They conducted a physical inspection of the broker Consilium Global, which claims to be located at 319B ANCHORVALE DRIVE, #15-102 542319 Singapore.

The on-site inspectors  uccessfully arrived at the target building. It is on a not-so-busy street in Singapore. The opposite of the  building is an apartment block, not an office building, and the surrounding commercial atmosphere mediocre. No company signal or related information was found on the exterior of the building.

The on-site inspectors approached the building. As it is not an office building, there is no obvious lobby or security personnel, making it impossible to register and enter.

Due to the inability to enter the building, it was also impossible to reach the target floor, let alone confirm the office area of Consilium Global. The on-site inspectors   could not enter the interior, could not photograph the reception area or LOGO of Consilium Global, and the office space was also not a shared office.

From the area outside the building, the interior environment of the company could not be seen. Due to the inability to enter, it was also impossible to know whether the overall environment matches its claimed positioning.

Therefore, after the on-site inspection, it was confirmed that the broker Consilium Global does not exist at the aforementioned address.

Conclusion

The on-site inspectors visited the forex broker Consilium Global in Singapore as planned, but was unable to see the broker's company name or other information at its publicly displayed business address, indicating that the broker does not have a genuine business place. Investors are advised to make their choice after comprehensive consideration.

Disclaimer

The above content and views are for reference only and should not be used as the sole basis for final selection.