Purpose

The UAE foreign exchange market is an emerging forex market that has developed in recent years. With its advantageous geographical location, open financial policies, and well-developed infrastructure, 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 the region, the survey team conducted an on-site visit to the UAE.

Process

In this episode, the site inspection team traveled to the UAE as planned for an on-site visit to forex broker SR Global, and according to public information, its office address is Boulevard Plaza Tower 1 Sheikh Mohammed Bin Rashid Boulevard, Downtown Dubai U.A.E. 33415.

A professional and experienced site inspection team, with a sense of mission to strictly vet for investors, went to the United Arab Emirates according to a meticulous plan. They conducted an on-site verification of the broker SR Global that claims to be located at Boulevard Plaza Tower 1 Sheikh Mohammed Bin Rashid Boulevard, Downtown Dubai U.A.E. 33415.

The inspectors arrived at the target building without problems. This building is a landmark in downtown Dubai, right next to the Burj Khalifa and the Dubai Mall, and is also connected to the metro station. The surrounding area is prosperous with a strong commercial atmosphere.

The building is lavishly decorated. The inspectors photographed the building directory, but the directory did not list the company of SR Global.

The inspectors entered the building lobby, informed the security guard of their purpose, and were granted permission to enter.

Since there were no signs of the company within the building and the exact floor and location could not be confirmed, the inspectors could not reach the specific floor. As the exact location could not be confirmed, they could not enter the company's internal premises, nor could they photograph the front desk and its logo. This office is not a shared office.

Through the glass doors, the inspectors could not observe the company's internal environment, and could not confirm whether it matches its claimed positioning.

Therefore, after the inspection, it was confirmed that the broker SR Global does not exist at the above address.

Conclusion

The on-site inspection team visited the forex broker SR Global in the UAE as planned. At its publicly displayed business address, the company name and other information of the broker were not visible, indicating that the broker does not have a genuine business location. Investors are advised to make their decision after comprehensive consideration.

Disclaimer

The above content and views are for reference only and do not serve as the basis for final decisions.