Purpose

The Singapore foreign exchange market, which developed into an international forex market in the 1970s, quickly became one of Asia's important forex trading centers due to its advantageous geographical location, stable political environment, and robust financial regulatory system. To help investors or practitioners gain a more comprehensive understanding of forex brokers in the region, an on-site inspection team conducted field visits in Singapore.

Process

The on-site inspection team visited the forex broker Amitell Capital in Singapore as scheduled. According to public information, its office address is 76B AMOY STREET Singapore 069895.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to Singapore. Based on the aforementioned information, they conducted an on-site visit to the broker Amitell Capital.

The field investigator proceeded to the target area based on the address information to conduct an on-site verification of the broker claiming to be located at 76B AMOY STREET Singapore 069895 Amitell Capital.

The inspector successfully arrived at the address and found it to be a food street with a lively and vibrant atmosphere, but there was no obvious commercial or office environment. At the given address, only a private residence accessible to the 2nd floor was observed, but entry was not possible as it was a private home.

No company logo or related information was found on the exterior of the building.

Since this address is not a commercial office building, there is no lobby or company directory.

Since it is a private residence, entry is not permitted, making it impossible to reach specific floors or confirm exact locations. Additionally, this venue is not a shared office space.

Through external environmental observation, the overall situation does not align with its claimed positioning as a forex broker.

Therefore, after on-site verification, it is confirmed that the broker Amitell Capital does not exist at the above address.

Conclusion

As planned, the field investigator visited the forex broker Amitell Capital at its publicly displayed business address in Singapore. However, no information such as the company name of the broker was found at the location, indicating that the broker does not have a genuine business premises. 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 final basis for decision-making.