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 one of the world's major forex trading hubs, 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 the region, an on-site inspection team conducted field visits in Singapore.

Process

The on-site inspection team visited the forex broker Aurora Precious Metal in Singapore as planned. According to public information, its office address is BLK 1003 Bukit Merah Central #06 - 39 Singapore 159836.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to Singapore to conduct an on-site verification of the trader Aurora Precious Metal purportedly located at BLK 1003 Bukit Merah Central #06 - 39 Singapore 159836.

The inspection personnel successfully arrived at the target building, which is located in a specific area of Singapore with a relatively ordinary surrounding environment and average commercial atmosphere. No signage or relevant information of the company was found on the exterior of the building.

The surveyor entered the building lobby and stated their purpose to the security guard. After a brief communication, they obtained permission to enter.

Upon arriving at the target floor (06th floor), the field investigator found that the company listed on the floor directory corresponding to this level was not Aurora Precious Metal. Due to the discrepancy in the directory information, the investigator was unable to confirm the specific location of the company or gain access to the interior. Consequently, they could not photograph the reception area or its logo, and the floor was not a shared office space.

Through the common areas of the floor, the inspectors were unable to observe the internal office environment of the company, and the overall situation did not match its claimed positioning.

Therefore, after on-site verification, it was confirmed that the dealer Aurora Precious Metal does not exist at the above address.

Conclusion

As planned, the field investigator visited the forex broker Aurora Precious Metal in Singapore. However, no information such as the company name of the broker was found at its 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 final basis for selection.