Purpose

The Turkish foreign exchange market is an emerging market that has developed in recent years. With the continuous development of the Turkish economy and the gradual opening of the financial market, foreign exchange trading has become increasingly important in the country's financial sector. To help investors or practitioners gain a more comprehensive understanding of foreign exchange brokers in this region, the on-site inspection team visited Turkey for a field investigation.

Process

The on-site inspection team of this issue went to Turkey as planned to visit the forex broker GlobalMenkulDegerlerA.S. According to public information, its office address is Ağaoğlu My Newwork, Barbaros Mah. Ihlamur Bul. No: 3 / 89 K: 9, 34746 Ataşehir / İstanbul - Türkiye.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, traveled to Turkey according to a well-planned itinerary. Based on the aforementioned information, they conducted an on-site visit to the dealer GlobalMenkulDegerlerA.S.

The field investigator proceeded to the target area based on the address information to conduct an on-site verification of the dealer GlobalMenkulDegerlerA.S who claimed to be located at that address.

The inspector successfully arrived at the Ağaoğlu My Newwork building,

From the actual experience of the surrounding environment of this location, no relevant information about the company was found upon arrival, and the entire area seems to lack any atmosphere related to the company. The building is located in a relatively bustling area of the locality, but no company logo or relevant information of GlobalMenkulDegerlerA.S was found on the exterior of the building.

The inspection personnel entered the building lobby and stated their purpose to the security guard. After communication, they obtained permission to enter.

However, the company's nameplate was not found inside the building.

Due to the failure to find company guidance information within the building, the inspection personnel were unable to reach the target floor, the 9th floor, and confirm the specific location. Consequently, they could not see whether the office area of GlobalMenkulDegerlerA.S had obvious signs or security measures. Without relevant guidance, the inspection personnel could not enter the interior, nor could they take photos of the reception desk and its logo. Additionally, this office location is not a shared office space.

Through the lobby area, the on-site inspectors naturally could not observe the internal environment of the company, as they were informed by the receptionist that there was no such company. The overall situation does not match its claimed positioning.

Therefore, after the on-site inspection, it was confirmed that the dealer GlobalMenkulDegerlerA.S does not exist at the aforementioned address.

Conclusion

The on-site investigator went to Turkey as planned to visit the forex broker GlobalMenkulDegerlerA.S. At the publicly displayed business address, the company name and other information of the broker were not visible, indicating that the broker does not have a genuine business location. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

The above content and viewpoints are for reference only and should not be used as the basis for final decision-making.