Reasons for Field Survey

The Japanese foreign exchange market is one of the world's most important forex trading markets, boasting a long history, a mature financial system, and strict regulatory mechanisms. It holds a crucial position in the global forex market. With numerous participants and high trading activity, it is subject to strict oversight by regulatory agencies such as the Financial Services Agency of Japan, ensuring the market's standardized operation. To help investors gain a more comprehensive understanding of the actual operations of forex dealers in the region, the field research team conducted an on-site visit to Japan.

Field Survey Process

This time, the inspection team traveled to Japan as planned to visit the forex broker SCMG. Publicly available information indicates its office address is 3F, Midosuji Kawaramachi Building, 4-4-7, Kawaramachi, Chuo-ku, Osaka-shi 541-0048.

With a strong sense of responsibility to ensure stringent investor scrutiny, the professional and experienced field research team traveled to Japan according to a carefully planned visit. Based on the publicly available address, they conducted an on-site inspection of SCMG, striving to establish the broker's true business operations through on-site verification.

Based on the address information, the field research team traveled to the Kawaramachi area of Chuo-ku, Osaka-shi 541-0048 and conducted an on-site inspection of SCMG, which claimed to be located at 3F, Midosuji Kawaramachi Building, 4-4-7, Kawaramachi, Chuo-ku, Osaka-shi 541-0048. This ensured that every key piece of information was verified on-site, providing reliable information for investors.

The surveyors successfully arrived at the target address, the Ookini Midosuji Kawaramachi Building. Located in the heart of Kawaramachi, Chuo Ward, Osaka, the building is surrounded by numerous commercial facilities and offers frequent foot traffic. The overall streetscape is bustling and bustling, with a vibrant commercial atmosphere. The surveyors completed panoramic photography of the building's exterior, capturing the building's exterior and the vibrant surroundings.

The surveyors then entered the building's lobby, which was neatly laid out. After communicating with the on-site staff and explaining their purpose, they were granted permission to remain and observe. Focusing on the company signage inside the lobby, they clearly identified SCMG's registration information and confirmed that its office is located on the 3rd floor, which is consistent with the publicly available address.

Unlike previous visits by some brokers, the surveyors successfully entered the elevator and reached the 3rd floor, where they were able to confirm SCMG's specific office location within the public areas. On-site inspection revealed the company's address plate as Sun Capital Management, prompting the surveyors to take photos of the plate. They also noted that no SCMG logos appeared inside or outside the building.

The surveyors attempted to enter the company for further verification, but were unable to do so due to the office being closed. Based on external observations and on-site conditions, the office appeared small, with a standard interior design, and was confirmed to be non-shared. Furthermore, the surveyors successfully captured footage of the reception desk, but no logo was found there.

Combining the address plate information, address consistency, floor verification results, and the fact that the office was not a shared office, it was confirmed that the brokerage firm SCMG had a legitimate business location at the address.

Therefore, the survey confirmed the presence of the brokerage firm SCMG at the aforementioned address.

Field Survey Summary

The surveyors visited SCMG as planned and observed the broker's company name and logo displayed prominently at the publicly shown business address, indicating the physical presence of the broker's business. Investors are advised to take all factors into consideration before making a decision.

Field Survey Disclaimer

The above content and opinions are for reference only and should not serve as a basis for any final decision.