Purpose

The German forex market is a mature foreign exchange market that has developed in modern times. As one of the important financial markets in Europe, the German forex market is characterized by active trading and sound regulations. It holds a key position in the international financial field, with numerous forex brokers conducting business here. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team went to Germany for field visits.

Process

This period's on-site inspection team went to Germany as planned to conduct a field visit to the forex broker Neuko. According to publicly available information, its office address is 4th floor, Alexanderplatz Gontardstraße 11, Berlin.

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 Neuko, which claims to be located at 4th floor, Alexanderplatz Gontardstraße 11, Berlin.

The inspectors successfully arrived at the target building. The location is in the Alexanderplatz area, with relatively bustling surrounding streets and a strong commercial atmosphere. However, no company signage or related information for Neuko was found on the exterior of the building.

The inspectors entered the building lobby and explained their purpose to the security personnel. After communication, permission to enter was not obtained.

Due to the inability to enter the building interior, the inspectors could not reach the target floor (4th floor), and thus could not confirm whether the office area of Neuko had clear signage or security measures. Furthermore, they were unable to photograph the reception desk and its logo, and it was not a shared office.

The inspectors did not find any information about this broker and judged it to be false. Therefore, after the on-site inspection, it was confirmed that broker Neuko does not exist at the aforementioned address.

Conclusion

As planned, the on-site inspection personnel visited the foreign exchange broker Neuko in Germany. At its publicly displayed business address, they were unable to see information such as the company name of this broker, indicating that the 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.