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 The Capital Group as planned according to its regulatory address that 1st Floor, No. 156, Section 3, Minsheng East Road, Songshan District, Taipei City 105, Taiwan.

The investigators came to No. 156 Minsheng East Road in Songshan District of Taipei in Taiwan, China for an on-site visit to the broker‘s office, and located a modern commercial building with an elegant and magnificent façade in the city’s prosperous district. The building is home to numerous enterprises and institutions.

Upon arrival at the building for further investigation, the survey personnel spotted easily a directory in the lobby, which prominently displayed that The Capital Group was situated on the 14th floor.

The inspection team then took the elevator to the 14th floor and clearly discovered the company name and logo of The Capital Group.

After entering the office of The Capital Group, the survey team saw dozens of cubicles positioned in an orderly way, while the staff members were working busily in a well-equipped space. In the meantime, a customer was opening an account with the professional help offered by a customer service representative, who had an enthusiastic smile on her face. The customer assistant explained the detailed process of account opening efficiently, while expertly operating the computer to ensure a professional and meticulous service.

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 to visit broker The Capital Group 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.