Purpose

The UAE foreign exchange market is an emerging forex market developed in recent years. With its superior geographical location, open financial policies, and active economic environment, it has attracted many forex dealers to operate here. In order to help investors or practitioners gain a more comprehensive understanding of forex dealers in the region, the site inspection team went to the UAE for on-the-ground visits.

Process

This time, the on-site inspection team went to the UAE as planned to visit forex broker Voco Capitals. According to public information, its office address is OFFICE - 2102 148 - 0 BUSINESS BAY PO Box: 1531, Dubai, UAE.

A professional and experienced site inspection team, driven by a mission to rigorously safeguard investors, traveled to the UAE following a meticulous plan. Based on the above information, they conducted an on-site visit to broker Voco Capitals.

The inspectors proceeded to the target area based on the address information. However, the address was incomplete, and no specific building was found. The inspectors followed the map to the corresponding location but could not find the corresponding company.

During the search, it was difficult to confirm the exact location due to the lack of clear building signage. Although there was some commercial atmosphere in the surrounding area, no signage or information related to Voco Capitals was found.

As the specific building could not be identified, the inspectors were unable to enter the building lobby, did not find the company's nameplate inside the building, and there was no so-called company logo either inside or outside the building.

Because the corresponding building could not be found, it was also impossible to reach the target floor to confirm the specific location. Naturally, they could not enter the company's premises, nor was it a shared office, and they were unable to take photos of the reception desk or its logo.

From the actual situation, since even the specific building corresponding to the address could not be found, it was naturally impossible to observe the company's internal office environment and other conditions.

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

Conclusion

The field investigator went to the UAE as planned to conduct an on-site inspection of the forex broker Voco Capitals. At its publicly displayed business address, the company name or other information of the broker could not be seen, indicating that the broker does not have a real business location. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

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