Purpose

The UAE foreign exchange market is an emerging forex market that has developed in recent years. Leveraging its advantageous geographical location, open economic policies, and advanced financial infrastructure, it has gradually become one of the important forex trading centers in the Middle East. In order to help investors or practitioners gain a more comprehensive understanding of forex brokers in the region, the survey team traveled to the UAE for an on-site visit.

Process

In this issue, the on-site inspection team visited the forex broker Golden Ratio Capital in the UAE as planned. According to public information, its office address is The Maze Tower, Level 16, office no. 1602, Sheikh Zayed Road, Dubai – U.A.E, P.O. Box 42825.

A professional and experienced on-site inspection team, with a sense of mission to strictly vet for investors, traveled to the UAE according to a well-planned schedule. They conducted an on-site verification of the broker Golden Ratio Capital allegedly located at The Maze Tower, Level 16, office no. 1602.

The inspector arrived smoothly at The Maze Tower, which is located in downtown Dubai. It is a super high-grade office building, surrounded by a bustling environment and a strong commercial atmosphere.

No signage or relevant information of the company was found on the exterior of the building.

The inspector entered the lobby of the building and stated their purpose to the security guard. After communication, they learned that the office building has strict security and requires an appointment in advance to go upstairs. They saw a directory board in the lobby, but the directory board did not contain the information of the company Golden Ratio Capital.

Due to no appointment and strict security, the inspector was unable to reach the target floor to confirm the specific location, nor could they enter the company's premises. Naturally, they could not take photos of the front desk and its logo. The office is not a shared office.

Because they could not enter the company's premises, they were unable to understand the internal office environment and other conditions.

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

Conclusion

Surveyors went to the UAE as planned to conduct an on-site visit to forex broker Golden Ratio Capital. At its publicly displayed business address, they could not see the company name or other information of the broker, indicating that the broker does not have a real business premises. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

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