Purpose

The Singapore foreign exchange market is an international forex market that developed in the 1970s. Leveraging its advantageous geographical location, stable political environment, and advanced financial infrastructure, it rapidly became one of the important foreign exchange trading centers in Asia. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team conducted field visits in Singapore.

Process

In this issue, the on-site inspection team visited the forex broker Statrys in Singapore as planned. According to public information, its office address is 110 Robinson Road, ERH Building #08-00, Singapore 068901.

A professional and experienced verification team, driven by a sense of mission to rigorously vet for investors, proceeded according to a meticulous plan to the target area in Singapore to conduct an on-site verification of the broker Statrys which claims to be located at 110 Robinson Road, ERH Building #08-00, Singapore 068901.

The verification personnel successfully arrived at the target building. The building, located in the most bustling area of Singapore, is a small office building, with a prosperous surrounding environment and a strong commercial atmosphere. Inside the building, the company's directory board can be seen.

The on-site inspectors  entered the building lobby, stated their purpose to the security guard, and after brief communication, obtained permission to enter. On the directory board inside the building, they found information fof this company.

Upon reaching the target floor, Level 08, the on-site inspectors  found that Statrys's office was not open, and the smart lock was in operation. Due to reasons such as not having an appointment and the office being closed, the verification personnel were unable to enter the interior, and were also unable to photograph Statrys's reception area and logo. The office was not a shared office.

As not allowed to enter, through the glass door, the on-site inspectors  could not observe the company's internal environment. However, the overall situation was consistent with its claimed positioning.

Therefore, after the on-site verification, it was confirmed that the broker Statrys exists at the aforementioned address.

Conclusion

The on-site inspection team visited the forex broker Statrys in Singapore as planned. At its publicly displayed business address, the company's signage and other information could be seen, indicating that the broker has a genuine business premises. 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 final basis for selection.