A Visit to Admiral in Jordan – Office Found

Reason for this visit

In recent years, the Jordanian stock market has shown significant development potential and market vitality, driven by factors such as political stability, a sound financial system, and sustained economic growth. The stock market has not only attracted widespread attention and participation from domestic and international investors but has also become a favored location for many retail forex brokers to establish their businesses, thanks to its improved regulatory environment and vast market space. These brokers are attracted to Jordan‘s status as an important financial center in the Middle East and the country’s efforts to diversify and internationalize its economy. They hope to leverage their strengths in Jordans financial market to offer more efficient and secure forex trading services to their clients. In an attempt to provide investors with a tangible understanding of the current situation of brokers in Jordan, WikiStock survey team is determined to go to the country for on-site visits to local companies.

On-site visit

In this issue, the survey team went to Cyprus to visit broker Admiral as planned according to its regulatory address that Time Center Complex, Amman, Jordan.

The investigators came to the Time Center on the bustling street in central Amman, Jordan for a visit to the brokers office. And the building is easily accessible with a fabulous façade.

Upon arrival at the building for further investigation, the survey personnel observed a directory in the lobby, which displayed that the 4th floor was occupied by Admiral.

However, the security guards in the building stated that people were not permitted to go upstairs without an access card or an appointment in advance, and taking photos or videos were prohibited inside. Thus the inspection team was unable to further know the operational scale and working environment of Admiral. Finally, one security officer promised to help take a picture of the company.

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

Conclusion

The survey team went to Jordan to visit broker Admiral as scheduled, and found the companys office at its regulatory address. However, the team could not ascertain the actual company size of the broker due to their failure to pay an internal visit. Meanwhile, investors are advised to make a judicious decision following an overall consideration.

Disclaimer

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