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 flexible trading hours, a diverse range of trading products, and a variety of market participants. 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 Quantlab in Singapore as planned. According to public information, its office address is 63 Chulia Street #12-05 Singapore 049514.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and proceeded to the financial district in downtown Singapore to conduct an on-site verification of the dealer Quantlab reportedly located at 63 Chulia Street #12-05 Singapore 049514.

The inspector successfully arrived at the building corresponding to the address, which is located in Singapore's most bustling downtown financial district, surrounded by a vibrant environment and a strong commercial atmosphere. However, no company signage or related information for Quantlab was found on the exterior of the building.

The surveyor entered the building lobby and explained their purpose to the security personnel. After communication, they obtained permission to enter.

Through inquiries, the field investigator found that the 12th floor of the target building is a shared office space. Due to the lack of an appointment and no clear indication of a specific office area, the investigator was unable to confirm the exact location or gain access to the interior. Additionally, they could not photograph the reception area or the logo at the front desk.

Through the public area of the lobby, the on-site inspectors were unable to observe the internal environment of the company and other related conditions.

Therefore, after on-site verification, it is confirmed that the dealer Quantlab does not exist at the above address.

Conclusion

The on-site investigator visited the forex broker Quantlab in Singapore as planned. The broker's company name and other information were not found at the 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 views are for reference only and should not be used as the sole basis for final decision-making.