Purpose

The German forex market is a mature foreign exchange market formed through a long-term financial development process, characterized by a high degree of openness and internationalization, occupying an important position in European and even global foreign exchange trading. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team traveled to Germany for an in-person visit.

Process

This time, the on-site inspection team went to Germany as planned to visit the forex broker Bitiros Investment in person. According to public information, its office address is Wallstraße 16, 10179 Berlin, Germany.

A professional and experienced on-site verification team, driven by a sense of mission to rigorously vet for investors, traveled to Germany according to a well-planned schedule to conduct an on-site verification of the broker Bitiros Investment claiming to be located at Wallstraße 16, 10179 Berlin, Germany.

The verification personnel successfully arrived at the area of the address. The surrounding environment of the location is relatively bustling with a strong commercial atmosphere. However, no company signage or related information of the broker was found on the exterior of the building.

The verification personnel attempted to enter the building lobby and explained their purpose to the security guard, but were not granted permission to enter.

As they were unable to enter the building, the verification personnel could not reach the target floor and thus could not confirm whether the office area of Bitiros Investment had clear signage or security measures. Simultaneously, they were unable to photograph the reception desk and its LOGO, and the office space was not a shared office.

In the public area, as they could not enter the interior, the verification personnel were unable to learn about the company's internal environment and other conditions. Upon arrival, they confirmed it was the correct address, but found no information whatsoever about the broker, leading to the judgment that it is false.

Therefore, after the on-site verification, it is confirmed that broker Bitiros Investment does not exist at the aforementioned address.

Conclusion

The on-site investigator visited the foreign exchange broker Bitiros Investment in Germany as planned. At its publicly displayed business address, no information such as the broker's company name was visible, indicating that the broker does not have a genuine business premises. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

The above content and views are for reference only and should not be used as the final basis for selection.