Purpose

The Dutch forex market is a mature forex market that has risen during the development of the modern financial system. With its open economic policies, advanced financial infrastructure, and highly internationalized financial environment, it occupies an important position in the European and even global forex markets. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team conducted field visits in the Netherlands.

Process

The on-site inspection team visited the forex broker Logic IQ in the Netherlands as planned. According to publicly available information, its office address is Weesperstraat 61 - 105 Amsterdam, Netherlands, AM 1018VN.

A professional and experienced site verification team, driven by a sense of mission to rigorously safeguard investors, proceeded to the Netherlands according to a well-planned schedule to conduct an on-site verification of the broker Logic IQ claiming to be located at Weesperstraat 61 - 105 Amsterdam, Netherlands, AM 1018VN.

The verification personnel successfully arrived at the target building. This building is a WeWork shared office located in the central area of Amsterdam, with a strong surrounding commercial atmosphere, and the building's interior decoration is relatively luxurious. However, no company signage or related information for Logic IQ was found on the exterior of the building.

The verification personnel attempted to enter the building lobby. After explaining their purpose to the security guard, they did not obtain permission to enter.

Therefore, the verification personnel could not reach the target floor, could not confirm the specific floor and location of the company, could not confirm whether there was a company directory plaque for Logic IQ inside the building, could not enter the company's interior, and could not photograph the reception area and its logo. The building is a shared office. Observing the lobby area from outside, the internal office environment could not be observed. Overall, it could not be confirmed whether the company truly operates there, which does not align with its claimed positioning of having a fixed office location.

Therefore, after the site verification, it was confirmed that the broker Logic IQ does not exist at the aforementioned address.

Conclusion

The on-site inspectors visited the Netherlands as planned to conduct a field investigation of the forex broker Logic IQ. At its publicly displayed business address, they were unable to see any information such as the broker's company name, 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 opinions are for reference only and should not be used as the basis for final selection.