Purpose

The Egyptian foreign exchange market is an emerging forex market that has developed in recent years. With the gradual opening of Egypt's economy and the continuous development of its financial markets, the importance of foreign exchange trading in the region has become increasingly prominent. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this area, the on-site inspection team traveled to Egypt for a field visit.

Process

The on-site inspection team visited the forex broker TFS CAPITAL in Egypt as scheduled. According to public information, its office address is 28, El-Arbaeen St., Manshiet El-Sad, El-Aly, El-Salam, Cairo, Egypt.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to Egypt to conduct an on-site verification of the trader TFS CAPITAL claimed to be located at 28, El-Arbaeen St., Manshiet El-Sad, El-Aly, El-Salam, Cairo, Egypt.

The field investigator successfully arrived at the target building, which is located in a specific area of Cairo, Egypt. No obvious company-related features were observed in the surrounding environment, and the commercial atmosphere was average. No company logos or relevant information were found on the exterior of the building.

The surveyor entered the building lobby and stated their purpose to the security personnel. After communication, they obtained permission to enter.

However, upon arriving at the target floor, the field investigator found no clear signage indicating the office area for TFS CAPITAL. Upon inquiring at the reception desk, they were informed that no such company existed. Since there was no office space for the company at all, the investigator could not enter the premises, nor could they photograph the reception area or its logo, and it was not a shared office space.

Through the lobby area, the on-site inspectors naturally could not observe the internal environment of the company and other conditions. The overall situation does not match the positioning claimed by the broker.

Therefore, after on-site verification, it is confirmed that the broker TFS CAPITAL does not exist at the above address.

Conclusion

As planned, the field investigator visited the foreign exchange broker TFS CAPITAL in Egypt. At the publicly displayed business address, no information such as the company name of the broker was found, 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 opinions are for reference only and should not be considered as the final basis for decision-making.