Reason for on-site inspection

The Turkish foreign exchange market has gradually developed over the years into a foreign exchange market of a certain scale and activity, holding an important position in the financial sector of the Middle East. Its foreign exchange trading activities are influenced by various factors, including domestic economic policies and international market dynamics. To help investors or practitioners gain a more comprehensive understanding of foreign exchange brokers in this region, the team went to Turkey for an on-site visit.

Field investigation process

As planned, the team will visit the foreign exchange broker Turk Eximbank in Turkey. According to publicly available information, their office address is "Saray Mah. Ahmet Tevfik İleri Cad. No:19 34768 Ümraniye / İSTANBUL".

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

The team proceeded to the target area based on the address information and conducted an on-site verification of the dealer Turk Eximbank who claimed to be located at that address.

The team successfully arrived at the target building, which is located in a specific area of Istanbul, Turkey. The surrounding environment was supposed to have a certain commercial atmosphere, but it was actually found that the scene around did not match the office atmosphere claimed by the dealer. No company logo or related information was found outside the building.

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

Upon arriving at the target floor, it was discovered that the office area of Turk Eximbank had no obvious signage and no security measures. Although it was possible to enter the so-called 'office area,' it was not possible to photograph the reception desk or the logo on the reception desk, and the area was not a shared office space.

Through the interior of the area, it is discovered that there are no longer any signs of office work. The actual feeling is that the area has been transformed into a warehouse, and the overall environment completely does not match its claimed positioning.

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

Field Survey Summary

The team proceeded to Turkey as planned to conduct an on-site visit to the foreign exchange trader Turk Eximbank. At the publicly displayed business address, they were unable to see any information such as the company name of the trader, indicating that the trader does not have a genuine business location. Investors are advised to make their choices after comprehensive consideration.

Site Inspection Statement

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