Purpose

The German forex market is a mature market that has developed in modern times. As one of Europe's important financial centers, its forex market is characterized by active trading and strict regulation. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, an on-site inspection team conducted field visits in Germany.

Process

The on-site inspection team visited the forex broker Sakvoli in Germany as planned. According to public information, their office address is Theodor-Heuss-Allee 70-74, 60486 Frankfurt am Main, Germany.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, meticulously planned and traveled to Germany to conduct a physical verification of the broker Sakvoli claiming to be located at Theodor-Heuss-Allee 70-74, 60486 Frankfurt am Main, Germany.

The inspector successfully arrived at the target building, which is located in a prime area of Frankfurt, Germany, with a bustling surrounding environment and strong commercial atmosphere. However, no company logo or relevant information of Sakvoli was found on the exterior of the building.

The inspector entered the building lobby and explained their purpose to the security personnel. After communication, they obtained entry permission. In the lobby, no directory listing or information about this company was found.

However, access to the upper floors is not permitted, making it impossible to reach the target level and verify whether there are clear signage or security measures in Sakvoli's office area. Additionally, photographing the reception desk and its logo is not allowed, and there is no indication that this broker operates in a shared office space.

Upon arrival, the investigator confirmed the address but found no information about the broker, raising doubts about its authenticity. Therefore, the on-site verification confirmed that broker Sakvoli does not exist at the aforementioned address.

Conclusion

The field investigator visited the forex broker Sakvoli in Germany as planned, but found no information such as the company name at its publicly displayed business address, indicating the broker lacks a genuine physical office. Investors are advised to make comprehensive considerations before making decisions.

Disclaimer

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