Purpose

The Japanese foreign exchange market is a mature forex market that developed after World War II. It is characterized by large trading volume, a wide variety of trading products, and diversified market participants. To help investors or practitioners gain a more comprehensive understanding of Japanese forex brokers, the on-site investigation team went to Japan for a field visit.

Process

This time, the onsite inspection team traveled to Japan as planned to visit the forex brokerFX Connect, according to public information, its office address is taranomon 1-23-1 Minato-Ku, Tokyo 105-6325 Japan.

A professional and experienced site inspection team, with a sense of mission to strictly vet for investors, followed a meticulous plan and traveled to Japan. They conducted an on-site verification of the broker FX Connect, which claims to be located at taranomon 1-23-1 Minato-Ku, Tokyo 105-6325 Japan.

The inspectors arrived smoothly at the target building, which is a super luxury office building in downtown Tokyo, with a bustling surrounding environment and a strong commercial atmosphere. However, no company logo or related information of FX Connect was found on the exterior of the building.

The inspectors entered the lobby of the building and stated their purpose to the security guard. After communication, although they were permitted to enter the lobby, the directory board did not display the company information of FX Connect.

Due to strict security, the inspectors were unable to reach the target floor to confirm the exact location, and thus could not determine whether there were obvious signs or security measures in the office area of FX Connect. Because they could not enter the interior, they were unable to take photos of the front desk and its logo, nor was it a shared office.

Through the glass door, as they could not enter the interior, the inspectors were unable to observe the internal environment, decoration style, employee activity, etc. Overall, the situation does not match its claimed position.

Therefore, after the inspection, it was confirmed that the broker FX Connect does not exist at the above address.

Conclusion

The verification team planned to visit Japan to inspect the forex dealer FX Connect on-site. At its publicly displayed business address, they could not see the company name or other information of the dealer, indicating that the dealer does not have a real business location. Investors are advised to make a decision after comprehensive consideration.

Disclaimer

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