Purpose

The Japanese foreign exchange market is an important international forex market that developed after World War II, characterized by large trading volume and flexible trading hours. As one of Asia's important financial centers, its forex trading holds a significant position in the global financial market. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the survey team went to Japan for an on-site visit.

Process

This time, the survey team plans to visit Japan to conduct an on-site inspection of the forex broker BST CO.,LTD. According to public information, their office address is 3-9-10, Yotsuya, Shinjuku-ku. Tokyo, 160-0004.

A professional and experienced on-site inspection team, driven by a sense of mission to strictly scrutinize for investors, went to Japan according to meticulous planning. They conducted an on-site verification of the broker BST CO.,LTD claimed to be located at 3-9-10, Yotsuya, Shinjuku-ku, Tokyo, 160-0004.

The inspectors successfully arrived at the corresponding building. Located in Shinjuku, the building is an apartment building rather than an office building. The surrounding environment differs greatly from the atmosphere of a commercial office building, and the commercial atmosphere is not strong.

No signage or relevant information of the company was found outside the building.

The inspectors attempted to enter the building, but because it is an apartment building with relatively strict security and no obvious public entrance, they were unable to state their purpose to security guards or staff and obtain entry permission.

Since they could not enter the building, they were also unable to reach the target floor to confirm the office area of BST CO.,LTD, nor could they know whether the office area had prominent signage or security measures. At the same time, they could not photograph the front desk or the front desk logo, and the premises are not a shared office.

From the perspective outside the building, because it is an apartment building, the so-called internal environment, decoration style, and employee activities of the company could not be observed. The overall situation does not match its claimed positioning as an office premises for a forex broker.

Therefore, after the on-site inspection, it was confirmed that the broker BST CO.,LTD does not exist at the above address.

Conclusion

The survey personnel went to Japan as planned to conduct an on-site inspection of the forex broker BST CO.,LTD. However, at its publicly displayed business address, they could not see the company name or any other information of the broker, indicating that the broker does not have a real business location. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

The above content and opinions are for reference only and do not constitute the basis for final selection.