Purpose

The Japanese foreign exchange market is an international forex market that developed after World War II, characterized by large trading volume, numerous participants, and a wide variety of trading products. In order to help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the inspection team went to Japan for an on-site visit.

Process

This time, the survey team went to Japan as planned to visit forex broker Hikari Securities, according to public information its office address is 〒108 - 0073 3-5-24 Mita, Minato-ku, Tokyo.

A professional and experienced on-site inspection team, with a sense of mission to strictly screen for investors, went to Japan according to careful planning. They conducted a field verification of the broker Hikari Securities claimed to be located at 〒108-0073, 3-5-24 Mita, Minato-ku, Tokyo.

The on-site inspectors successfully arrived at the target building, located in Mita, Minato-ku, Tokyo, Japan. The surrounding environment is relatively bustling with a strong commercial atmosphere. However, no signs or related information of the company were found outside the building.

The inspectors entered the lobby of the building, explained their purpose to the security guard, and after communication, they were not granted entry permission.

However, after arriving at the target floor, the inspectors were unable to enter the interior due to the inability to confirm the exact location. Moreover, there was no company directory sign in the building, nor was the company's logo seen. It was not a shared office, and they could not take photos of the reception desk and its logo.

The inspectors arrived at the location corresponding to the map and asked the front desk. The front desk said they had not heard of this company, and the company name was not seen on the directory sign. Photography was not allowed inside the building. The internal environment could not be observed through the glass door, and the overall situation did not match the claimed location.

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

Conclusion

The inspection team visited Japan as planned to conduct an on-site inspection of the forex broker Hikari Securities. At its publicly displayed business address, the team was unable to see the broker's company name or other information, indicating that the broker does not have a real business premises. Investors are advised to consider all factors before making a decision.

Disclaimer

The above content and opinions are for reference only and do not serve as the basis for final decisions.