Purpose

The UAE foreign exchange market is an emerging forex market that has developed in recent years. Leveraging its advantageous geographic location, open financial policies, and developed business environment, it has attracted the attention of numerous international financial institutions and investors. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the site inspection team traveled to the UAE for an on-site visit.

Process

This time, the on-site inspection team traveled to the United Arab Emirates as planned to conduct an on-site visit to forex broker Investment Castle. According to public information, its office address is Office 9F - A - 04 - 46, EMPIRE HEIGHTS A Building, Business Bay, Dubai, United Arab Emirates.

A professional and experienced on-site inspection team, with a sense of mission to strictly safeguard investors, went to the UAE according to a well-thought-out plan. They conducted an on-site verification of the broker Investment Castle, which claims to be located at Office 9F - A - 04 - 46, EMPIRE HEIGHTS A Building.

The on-site inspectors successfully arrived at EMPIRE HEIGHTS A Building. The building is located in the core area of downtown Dubai, with a strong commercial atmosphere and bustling streets nearby. However, no company logo or related information for Investment Castle was found outside the building.

The on-site inspectors entered the building lobby and, after explaining their purpose to the security guard, received permission to enter. However, the directory board in the lobby did not show any information for Investment Castle company.

The on-site inspectors took the elevator to the target floor; however, no office area for Investment Castle was found on that floor. There was no obvious signage pointing to the company, nor any security measures. Since the company's location could not be found at all, it was impossible to enter the interior or take photos of the reception desk and the reception desk LOGO. The office was not a shared office.

From the public areas of the floor, it was naturally impossible to observe the company's internal environment and other conditions.

Therefore, after the on-site inspection, it was confirmed that the broker Investment Castle does not exist at the above address.

Conclusion

The on-site inspection team went to the UAE as planned to conduct an on-site visit to the forex broker Investment Castle. At its publicly displayed business address, no information such as the broker's company name could be seen, indicating that the broker does not have a real business premises. Investors are advised to make their choice after comprehensive consideration.

Disclaimer

The above content and views are for reference only and should not be used as the basis for final selection.