Purpose

The Japanese foreign exchange market is an internationally important forex market that developed after World War II. It has characteristics such as large trading volume and flexible trading hours, and occupies an important position in the Asian forex market. In order to help investors or practitioners gain a more comprehensive understanding of forex brokers in the region, the team went to Japan for a field visit.

Process

This team went to Japan as planned to visit forex broker Togo on-site. According to public information, its office address is 9th Floor, JT Building, 2-2-1 Toranomon, Minato-ku, Tokyo.

A professional and experienced team, with a mission to strictly vet for investors, went to Japan according to a carefully planned itinerary. They conducted an on-site verification of the broker Togo claiming to be located at 9th Floor, JT Building, 2-2-1 Toranomon, Minato-ku, Tokyo.

The team arrived at the target building smoothly, but found that the building's name was not JT Building. The location is in Toranomon, Minato-ku, Tokyo, with a bustling surrounding environment and a strong commercial atmosphere. However, no company logo or relevant information of Togo was found outside the building.

The team entered the building lobby, explained the purpose of their visit to the staff, and after communication, obtained permission to enter.

After arriving at the target floor, the 9th floor, the team found that there was no office area of Togo on the floor, nor any obvious signage or security measures. The team showed the address to the relevant staff, who said the address was correct, but there was no Togo company information on the directory board. Since the company did not exist on the floor, the team could not enter the interior, nor could they take photos of the reception desk and its logo. Moreover, the floor was not a shared office.

Through the common areas of the floor, the team could not observe the internal environment of Togo company, etc. The overall situation did not match its claimed positioning.

Therefore, after the site visit, it was confirmed that the broker Togo does not exist at the above address.

Conclusion

The team visited Japan as planned to conduct an on-site investigation of the forex broker Togo, but at its publicly displayed business address, they could not see the broker's company name or other information, indicating that the broker does not have a real business premises. Please make your decision after comprehensive consideration.

Disclaimer

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