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 developed infrastructure, it has attracted the attention of many international financial institutions and investors. In order to help investors or practitioners gain a more comprehensive understanding of forex dealers in the region, the survey team went to the UAE for on-site visits.

Process

The on-site investigation team has planned to visit the forex broker WINGKAN in the United Arab Emirates. According to public information, its office address is Unit 1010, Level 10, Index Tower, DIFC, PO Box 507126, Dubai, UAE.

A professional and experienced site inspection team, with a mission to strictly safeguard investors' interests, traveled to the United Arab Emirates in accordance with meticulous planning to conduct an on-site verification of the broker WINGKAN, which claims to be located at Unit 1010, Level 10, Index Tower, DIFC, PO Box 507126, Dubai, UAE.

The site inspectors smoothly arrived at Index Tower, which is a landmark ultra-luxury office building in downtown Dubai, surrounded by a bustling environment and a rich commercial atmosphere.

The building has a complete building directory, but no information concerning the company WINGKAN was found on the directory. The site inspectors entered the building lobby and, after explaining their purpose to the security guard, obtained permission to enter.

However, for certain reasons, the site inspectors were unable to reach the target floor, the 10th floor, to confirm the exact location of the company WINGKAN. In such circumstances, they could not photograph the front desk and its LOGO, and the office is not a shared office.

From the lobby area, the site inspectors could not observe the company's internal environment or other conditions, because they were completely unable to enter the company's interior. Overall, the current situation does not conform to the broker's claim of having an actual office space.

Therefore, after the site inspection, it was confirmed that the broker WINGKAN does not exist at the above-mentioned address.

Conclusion

The on-site inspection team visited the UAE as planned to conduct a visit to forex broker WINGKAN. At the publicly displayed business address, the broker's company name and other information could not be found, indicating that the broker does not have a genuine business location. Please make your choice after comprehensive consideration.

Disclaimer

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