Purpose

The Malaysian foreign exchange market is an emerging market that has developed in recent years. With the continuous growth of the local economy and the gradual opening of the financial market, the importance of foreign exchange trading in Malaysia has become increasingly prominent. To help investors or practitioners gain a more comprehensive understanding of forex brokers in the region, the on-site inspection team conducted field visits in Malaysia.

Process

The on-site inspection team visited the forex broker GoldFx in Malaysia as planned. According to public information, its office address is Unit B, Lot 49, 1st Floor, Block F, Lazenda Warehouse 3, Jalan Ranca Ranca, 87000 F.T. Labuan, Malaysia.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to Malaysia to conduct an on-site verification of the dealer GoldFx claiming to be located at the aforementioned address.

The inspector successfully arrived at the building complex where the address is located, which is a very small complex. The surrounding environment of the location was not described in detail, and the commercial atmosphere was difficult to assess. At the directory board near the staircase on the first floor, the inspector carefully checked but did not find any information related to GoldFx company.

The field investigator attempted to access the premises but was unable to obtain entry permission due to the absence of company signage and inability to confirm the exact location.

Since it is impossible to reach the specific floor, we cannot confirm whether there are clear signs or security measures in the office area of GoldFx. At the same time, we are unable to enter the interior, so we cannot take photos of the reception desk or its logo, and this location is not a shared office space.

Through external observation, the inspectors were unable to understand the internal environment of the company. Overall, the condition of the premises does not align with the positioning claimed by GoldFx.

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

Conclusion

The on-site investigator visited the forex broker GoldFx in Malaysia as planned, but found no information such as the company name 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 views are for reference only and should not be used as the sole basis for final decisions.