Reason for this visit

In the context of rapidly changing global economic and financial conditions, forex trading, known for its high liquidity and low-cost investment opportunities, has gradually become a focal point for investors. This trend is especially notable in regions such as Hong Kong and Taiwan, where differences in regulations and oversight have led to a more active forex market. In Taiwan, the rising popularity of forex investment can be attributed to a sluggish stock market and a relative scarcity of traditional investment options in recent years. According to data, there are approximately 730,000 foreign migrant workers in Taiwan, with annual remittance amounts reaching $3 billion, indicating a significant potential for the forex trading market. Particularly in the area of foreign exchange services, there is a vast business opportunity that cannot be overlooked. To help investors and industry practitioners gain a more comprehensive understanding of forex brokers in Taiwan, WikiFX survey team decides to conduct on-site visits to local companies.

On-site visit

In this issue, the survey team went to Taiwan in China to visit broker Yuanta Funds as planned according to its regulatory address that No. 67, Section 2, Dunhua South Road, Da'an District, Taipei City, Taiwan.

The investigators came to 67 Dunhua South Road in Da'an District of Taipei in Taiwan, China for an on-site visit to the broker‘s office, and located a modern commercial building with a well-maintained façade in the city’s prosperous district. Additionally, numerous enterprises and institutions in the area have contributed to the local economic growth.

Upon arrival at the building for further investigation, the survey personnel easily spotted a directory in the lobby, which prominently displayed that Yuanta Funds was located on the 12th floor.

The inspection team then took the elevator to the 12th floor, where the company name and logo of Yuanta Funds could be seen clearly.

Through the glass door, it could be seen that Yuanta Funds office had a dozen computers. Moreover, there were many financial companies in the building, where the people were very busy.

Through the on-site investigation, it is confirmed that the broker has a physical presence at the location.

Conclusion

The survey team went to Taiwan, China to visit broker Yuanta Funds as scheduled, and found the company at its regulatory address. It denotes that the broker has a physical business office at the place. Meanwhile, investors are advised to make an informed decision following much deliberation.

Disclaimer

The content is for informational purpose only, and shall not be taken as a final order for making a choice.