- CEO
- Nai De Goh
- Full Time Employees
- 22
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- No. 09-02, 140 Robinson Road Singapore NV Singapore 068907
- IPO Date
- Aug 30, 2002
- Business
- S A M Trade Asia Pte Ltd S A M Trade Asia Pte Ltd (SMFX) operates as a holding company focused on the centralized management of intellectual property and proprietary technology analytics associated with the development and operation of its Samtrade FX online trading platform; the platform offers trading in forex, indices, commodities, futures, and cryptocurrencies, along with deposit and withdrawal services; account types include Standard, VIP, Islamic, and ECN accounts; supporting tools encompass SamTracks for portfolio monitoring and SamAide for fund security across six pillars. The company, founded in 2002 and headquartered at 50 West Liberty Suite 880, Reno, Nevada, with prior Singapore operations at 140 Robinson Road, primarily serves retail traders globally through its fintech infrastructure in the foreign exchange brokerage sector. In recent developments, Singapore authorities including the Monetary Authority of Singapore and Commercial Affairs Department conducted investigations starting December 2021 into unlicensed regulated activities and irregular trading, resulting in arrests of management including CEO Nai De Goh in early 2022, suspension of operations, and prohibition orders blocking access to client funds; the company commenced trading on US OTC markets under SMFX in March on OTC markets.