Purpose

The German forex market is a mature foreign exchange market formed through long-term financial development, characterized by a high degree of internationalization and standardization, occupying an important position in the European and even global forex markets. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team conducted field visits in Germany.

Process

In this issue, the on-site inspection team went to Germany as planned to conduct a field visit to the forex broker PrimeLTD inc. According to public information, its office address is Jürgen-Ponto-Platz 1, 60329 Frankfurt am Main.

A professional and experienced on-site verification team, driven by a sense of mission to rigorously vet for investors, traveled to Germany according to a well-planned schedule to conduct a physical verification of the broker PrimeLTD inc claiming to be located at Jürgen - Ponto - Platz 1 60329 Frankfurt am Main.

The verification personnel successfully arrived at the area of the address. The surrounding environment of the location is relatively bustling with a strong commercial atmosphere. However, after a careful search outside the building, no signage or any relevant information regarding this broker was found.

The verification personnel entered the building lobby, explained their purpose to the security guard, but were not granted entry permission because there was simply no information about this broker within the building.

Therefore, they could not reach the target floor. Furthermore, there were no visible signs or security measures for the broker's office area, and they were unable to enter the interior, thus could not photograph the reception desk or its LOGO. Also, this address was not a shared office.

Through the building lobby, as there was no visible area related to this broker, it was impossible to observe the company's internal environment and other conditions. Upon arrival, it was confirmed to be the correct address. After a thorough search, no information about the broker was found, leading to the judgment that it is false.

Therefore, after the on-site verification, it is confirmed that broker PrimeLTD inc does not exist at the aforementioned address.

Conclusion

The on-site inspector visited the forex broker PrimeLTD inc in Germany as planned. At its publicly displayed business address, no information such as the broker's company name was visible, indicating that the broker does not have a genuine business premises. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

The above content and views are for reference only and should not be used as the final basis for selection.