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 market has high activity and influence. To help investors or practitioners gain a more comprehensive understanding of forex brokers in the region, the survey team went to Japan for on-site visits.

Process

The survey team in this issue plans to visit the forex broker FX Broadnet in Japan as scheduled. According to public information, its office address is 1-11-1 Marunouchi, Chiyoda-ku, Tokyo 100-6217.

A professional and experienced on-site inspection team, with a sense of mission to strictly check for investors, went to Japan according to a careful plan. They conducted a field verification of the broker FX Broadnet claiming to be located at 〒100-6217, 1-11-1 Marunouchi, Chiyoda-ku, Tokyo.

The inspectors arrived smoothly at the target building, which is located in a large tin shed near Tokyo Station. The surrounding environment is quite special, and the business atmosphere is average. No company logo or relevant information was found outside the building.

The inspectors entered the building lobby and explained their purpose to the security guard, but were not granted permission to enter.

Since they could not enter the building, they could not reach the target floor to confirm the specific location. The building is a shared office, but they could not confirm whether FX Broadnet's office area had obvious signage or security measures, nor could they enter the interior, let alone take photos of the front desk and its logo.

Based on the actual experience, although they arrived at the corresponding building, because it is a shared office, they could not confirm whether the company is really there.

Therefore, after the on-site inspection, it is confirmed that the broker FX Broadnet does not exist at the above address.

Conclusion

The survey personnel went to Japan as planned to visit the forex broker FX Broadnet. At its publicly displayed business address, they could not see the company name or other information of the broker, indicating that the broker does not have a real business premises. Please make a decision after comprehensive consideration.

Disclaimer

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