Purpose

The Egyptian foreign exchange market is an emerging market that has developed in recent years. With the gradual opening of Egypt's economy and the continuous development of its financial markets, foreign exchange trading is playing an increasingly important role in local economic activities. To help investors or practitioners gain a more comprehensive understanding of forex brokers in the region, an on-site inspection team conducted field visits in Egypt.

Process

The on-site inspection team visited the foreign exchange broker MASTERS in Egypt as planned. According to public information, its office address is 8 Gezerat AlArab S t.floar20 Mohandseen.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to Egypt to conduct an on-site verification of the trader MASTERS reportedly located at 8 Gezerat AlArab St.floar20 Mohandseen.

The field investigator successfully arrived at the target building, but it was difficult to assess the surrounding environment and commercial atmosphere. No company signage or related information was found on the exterior of the building.

The surveyor entered the building lobby and explained their purpose to the security guard. After communication, the guard informed them that the company did not exist and did not allow the surveyor to enter for filming. No entry permission was obtained.

Due to the inability to enter the building and reach the target floor (20th floor), it was impossible to determine whether MASTERS's office area had clear signage or security measures. Naturally, this also meant that access to the interior was denied, preventing any photographs of the reception desk or its logo, and there was no situation involving shared office spaces.

Since I couldn't enter the company, I was unable to observe the internal environment, decoration style, employee activities, etc., and thus couldn't determine whether the overall environment aligns with its claimed positioning.

Therefore, after on-site verification, it is confirmed that the dealer MASTERS does not exist at the above address.

Conclusion

The on-site investigator visited the forex broker MASTERS in Egypt as planned, but found no information such as the company name at the publicly displayed business address, indicating that the broker does not have a genuine operational presence. 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 decision-making.