Purpose

The Singapore foreign exchange market is an emerging forex market that developed in the 1970s alongside the rise of the Asian dollar market. As the world's fourth-largest forex trading hub, it attracts numerous international financial institutions and investors due to its strategic geographical location, robust financial infrastructure, and open policy environment. To help investors or professionals gain a more comprehensive understanding of forex brokers in this region, an on-site inspection team conducted field visits in Singapore.

Process

The on-site inspection team proceeded as planned to visit the forex broker GainScope in Singapore. According to public information, its office address is Wisma Atria Level 435 Orchard Rd, Singapore 238877.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, traveled to Singapore according to a well-planned schedule. Based on the aforementioned information, they conducted an on-site visit to the dealer GainScope.

The field investigator proceeded to the target area based on the address information to conduct an on-site verification of the trader GainScope claimed to be located at Wisma Atria Level 435 Orchard Rd, Singapore 238877.

The inspection personnel successfully arrived at the target building, which is located in a bustling area of Singapore's city center. It is a thriving office tower with a lively surrounding environment and a strong commercial atmosphere. However, no company signage or related information for GainScope was found on the exterior of the building.

The surveyor entered the building lobby and stated their purpose to the security guard. After a brief communication, they obtained permission to enter.

However, even after entering the building, the company information for GainScope was not found on the directory board. Unable to confirm the specific floor and location, the investigators could not reach the target floor and thus could not verify whether GainScope's office area had clear signage or security measures. Naturally, the investigators could not enter the company premises, take photos of the reception area or its logo, and the office was not a shared workspace.

Through the building lobby, the on-site inspectors were unable to observe the internal environment of the company and other conditions.

Therefore, after on-site verification, it is confirmed that the dealer GainScope does not exist at the above address.

Conclusion

The on-site investigator visited the forex broker GainScope in Singapore as planned. The broker's company name and other information were not found at the publicly displayed business address, indicating that the broker does not have a genuine operational location. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

The above content and opinions are for reference only and should not be used as the sole basis for final decision-making.