Purpose

The UAE foreign exchange market is an emerging forex market that has developed rapidly in recent years. Leveraging its advantageous geographical location, open financial policies, and advanced financial 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 inspection team conducted an on-site visit to the UAE.

Process

This onsite-investigation team planned to visit the forex broker EAMAR INV in the UAE, and according to public information, its office address is Unit 40, Level 3, Gate Village Building 04, DIFC, Dubai, UAE.

A professional and experienced site inspection team, with a sense of mission to strictly safeguard investors, traveled to the United Arab Emirates according to a well-planned arrangement. They conducted an on-site verification of the broker EAMAR INV, which claims to be located at Unit 40, Level 3, Gate Village Building 04, DIFC, Dubai, UAE.

The site inspection team successfully arrived at the target building, which is located in the heart of Dubai and is an ultra-luxury office building. The surrounding environment is bustling with a strong commercial atmosphere. However, no signage or relevant information of the company was found on the exterior of the building.

The inspection personnel entered the building lobby and stated their purpose to the security guard. After communication, they were permitted to enter the lobby, but due to the building's strict security, they could not go upstairs without an appointment.

Searching for the company's information on the lobby directory machine, they also failed to find the corresponding company.

Since they were unable to reach the target floor, they could not confirm whether the company's office area had clear signage or security measures, nor could they enter the interior.

At the same time, they could not take photos of the front desk or its logo. The office is not a shared office.

Through the lobby, it was impossible to observe the company's internal environment, and the overall situation could not be judged as to whether it matched its claimed positioning.

Therefore, after the site inspection, it was confirmed that the broker EAMAR INV does not exist at the above address.

Conclusion

The surveyors went to the UAE as planned to conduct an on-site visit to forex broker EAMAR INV, and at its publicly displayed business address, they could not see the broker's company name or other information, indicating that the broker does not have a real place of business. Investors should 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.