Purpose

The Malaysian foreign exchange market is an emerging forex market that has developed in recent years. With the continuous growth of the local economy and the gradual opening of financial markets, forex trading has garnered increasing attention from investors in Malaysia. To help investors or practitioners gain a more comprehensive understanding of forex brokers in the region, the inspection team conducted on-site visits in Malaysia.

Process

The on-site inspection team visited the forex broker 4xHub in Malaysia as planned. According to public information, its office address is Room 02, Lot 1E 002A, 1st Floor, Podium Level, Financial Park Complex, Jalan Merdeka, 87000 Labuan F.T.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to Malaysia to conduct an on-site verification of the trader 4xHub reportedly located at Room 02, Lot 1E 002A, 1st Floor, Podium Level, Financial Park Complex, Jalan Merdeka, 87000 Labuan F.T.

The inspection personnel successfully arrived at the Financial Center Building, located in the most central area of Labuan Island, which is a very luxurious structure locally. The surrounding commercial atmosphere is vibrant, with numerous financial institutions and enterprises established there. However, no company logo or related information of 4xHub was found on the exterior of the building.

The surveyor entered the building lobby and, after explaining their purpose to the security guard, was granted access. However, the directory machine in the hallway displayed only a few lines at a time and changed very slowly, making it impossible to take photos or stay for long. There were four or five security personnel at the front desk on the first floor, who also prohibited taking photos inside the building.

Due to the inability to obtain valid information, the field survey personnel were unable to reach the target floor to confirm the specific location, nor did they find any clear signage or security measures for the 4xHub office area. Due to strict security, the surveyors could not enter the interior and were unable to photograph the reception area or its logo. This office is not a shared workspace.

Through the lobby area, the on-site inspectors were unable to observe the internal environment of the company, making it impossible to confirm whether the overall situation aligns with its claimed positioning.

Therefore, after on-site verification, it is confirmed that the dealer 4xHub does not exist at the above address.

Conclusion

The on-site investigator visited the foreign exchange broker 4xHub in Malaysia as planned. However, no information such as the company name of the broker was 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 taken as the final basis for selection.