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Ta' Xbiex, Malta Majjistral, Malta
Reason for this visit
Following Malta's accession to the EU in May 2004 and the introduction of the Euro on January 1, 2008, the economy has gradually integrated with the Eurozone economy, which has eliminated exchange rate risks, reduced transaction costs and created a favorable environment for foreign investors. Due to Malta's tight financial regulation, its financial system is less liquid, which has led to the country's investment bias being diversified, with its financial institutions investing mainly in high performing stocks or debt. As a result, Malta is one of the EU countries least affected by the financial crisis.
Malta has a free flow of foreign exchange. This means that foreign exchange can be traded freely and foreign capital can move freely in and out of Malta. Also, foreign companies are free to open foreign currency accounts with banks to deposit foreign currency and can freely remit profits earned in Malta without further special taxes. To help investors or practitioners have a more comprehensive understanding of the forex dealer in Malta, the survey team went to the country for field visits.
On-site visit
This time the survey team visited the dealer ALB in Malta, with the specific address at 48, Casa RoMa Sir AuGusTus BarTolo STreeT Ta' Xbiex MALTA.
Based on the above address, the survey team came to the destination of this survey. It was in a residential area on the outskirts of Malta, in a quiet and elegant environment. Since it was not a professional office building, there was no security or receptionist to inquiry. Afterwards, the surveyors decided to visit the dealer directly.
The surveyors also found the dealer's logo posted at the main entrance. However, no one responded inside after the surveyors rang the doorbell. In the end, they failed to enter the company to visit the interior.
Conclusion
The survey team went to Malta to visit the dealer ALB as planned, and the dealer's logo could be found on its publicly displayed address, indicating that the dealer has a real place of business. Unfortunately, the surveyors were not able to visit and photograph the interior of the company, so the exact scale of its operations was still unknown. Investors are advised to make their choice after comprehensive consideration.
Disclaimer
The content is for informational purpose only, and shall not be taken as final order for making choice.
Website:https://www.alb.com/
Website:https://www.alb.com/
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