Reason for this visit

In the context of rapidly changing global economic and financial conditions, forex trading, known for its high liquidity and low-cost investment opportunities, has gradually become a focal point for investors. This trend is especially notable in regions such as Hong Kong and Taiwan, where differences in regulations and oversight have led to a more active forex market. In Taiwan, the rising popularity of forex investment can be attributed to a sluggish stock market and a relative scarcity of traditional investment options in recent years. According to data, there are approximately 730,000 foreign migrant workers in Taiwan, with annual remittance amounts reaching $3 billion, indicating a significant potential for the forex trading market. Particularly in the area of foreign exchange services, there is a vast business opportunity that cannot be overlooked. To help investors and industry practitioners gain a more comprehensive understanding of forex brokers in Taiwan, WikiFX survey team decides to conduct on-site visits to local companies.

On-site visit

In this issue, the survey team went to Taiwan in China to visit broker First Securities as planned according to its regulatory address that 4th Floor, No. 22, Section 1, Changan East Road, Zhongshan District, Taipei City 10491, Taiwan.

The investigators came to No. 22 Chang‘an East Road in Zhongshan District of Taipei in Taiwan, China for an on-site visit to the broker’s office, and located a modern commercial building with an elegant and magnificent façade in the citys prosperous district. The building boasts convenient transportation due to its exceptional location.

Upon arrival at the building for further investigation, the survey personnel spotted easily a directory in the lobby, which prominently displayed that the whole building was occupied by First Securities.

The inspection team then reached the office of First Securities, where the staff members were busy with their work in an efficient and orderly way. Due to the time that they were going to be off work, they kept suggesting opening an account online or at the nearby branch.

Through the on-site investigation, it is confirmed that the broker has a physical presence at the location.

Conclusion

The survey team went to Taiwan to visit broker First Securities as scheduled, and found the company at its regulatory address. It denotes that the broker has a physical business office at the place. Meanwhile, investors are advised to make an informed decision following much deliberation.

Disclaimer

The content is for informational purpose only, and shall not be taken as a final order for making a choice.