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 features active trading, diverse currency options, and flexible trading hours. To help investors or practitioners 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 visited the forex broker Enduring Markets in Singapore as scheduled. According to public information, its office address is Marina One East Tower, 7 Straits View, Singapore 018936, Singapore.

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 to conduct an on-site verification of the trader Enduring Markets, which claims to be located at Marina One East Tower, 7 Straits View, Singapore 018936, Singapore.

The inspection personnel successfully arrived at the target building, which is located in the most bustling area of Singapore, surrounded by a vibrant environment and a strong commercial atmosphere. However, no company logo or related information of Enduring Markets was found on the exterior of the building.

The survey personnel entered the building lobby and stated their purpose to the security guard. After communication, although they were granted permission to enter the lobby, the company's information was not displayed on the directory board in the lobby.

Due to the lack of an appointment, the inspection personnel were unable to access the specific floor to confirm the company's exact location, and thus could not enter the premises. Additionally, they were unable to photograph the reception area or the company's logo at the front desk. This office is not a shared workspace.

Through the lobby area, the on-site inspectors were unable to observe the internal environment of the company, as they could not enter the company premises at all.

Therefore, after on-site verification, it was confirmed that the broker Enduring Markets does not exist at the above address.

Conclusion

As planned, the field investigator visited the forex broker Enduring Markets in Singapore. However, no information such as the company name of the broker was found at its 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 considered as the final basis for decision-making.