Purpose

The German foreign exchange market is a mature market that has developed in modern times, characterized by a high degree of openness and standardization. It holds a significant position in the European and even global foreign exchange markets. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team traveled to Germany for a field visit.

Process

The on-site inspection team visited the forex broker Waldex Pro in Germany as planned. According to public information, its office address is Friedrichstraße 171, 10117 Berlin, Germany.

A professional and experienced on-site inspection 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 Waldex Pro claiming to be located at Friedrichstraße 171, 10117 Berlin, Germany.

The inspectors successfully arrived at the target building, located in a bustling area of Berlin, Germany, with a clean surrounding environment and a strong commercial atmosphere. However, no company signage or related information for this broker was found on the exterior of the building.

The inspectors entered the building lobby and stated their purpose to the security personnel. However, after communication, permission to enter was not granted.

Consequently, it was impossible to reach the target floor to confirm the status of Waldex Pro's office area. Naturally, there were no visible signs or security measures, nor was it possible to enter the interior, and this office location was not a shared workspace.

Looking through the building's glass doors, it was not possible to observe the internal company environment related to this broker. Upon arrival, it was confirmed to be the correct address, but no information regarding this broker was found. It was judged to be false, and the overall situation did not match its claimed positioning.

Therefore, after the on-site inspection, it was confirmed that broker Waldex Pro does not exist at the aforementioned address.

Conclusion

The on-site investigator visited the forex broker Waldex Pro in Germany as planned. At its publicly displayed business address, no information such as the company name of this broker could be seen, indicating that this broker does not have a genuine business premises. Investors are advised to make their choice after comprehensive consideration.

Disclaimer

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