Purpose

The Japanese foreign exchange market is an important international forex market that developed after World War II, characterized by large trading volume and flexible trading hours. As a significant component of global forex trading, the Japanese forex market attracts numerous investors and traders. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the team conducted on-site visits to Japan.

Process

This period the team went to Japan as planned to visit forex broker ByBiz in person. According to public information, its office address is Otemachi Building 1 Chome−6−1, Ōtemachi, Chiyoda City 100-0004 Tokyo - Japan.

A professional and experienced team, with a sense of mission to strictly vet for investors, followed a thorough plan and went to Japan. They conducted an on-site verification of the broker ByBiz, which claims to be located at Otemachi Building 1 Chome−6−1, Ōtemachi, Chiyoda City 100-0004 Tokyo - Japan.

The team successfully arrived at the target building, which is located in a luxury district in the center of Tokyo. It is a super-luxury office building with a bustling surrounding environment and a strong commercial atmosphere. However, no company logo or related information of ByBiz was found outside the building.

The team entered the building lobby, explained their purpose to the security guard, and after communication, obtained permission to enter.

However, on the building's directory board, no information about ByBiz was found. Unable to determine the specific floor and location of the company, the team could not reach the target floor. They also could not photograph the front desk or the front desk logo. There are spaces similar to shared offices within the building.

Through the lobby area, the team could not observe the internal environment of the company, and overall could not confirm whether it matches its claimed positioning.

Therefore, after the site visit, it was confirmed that the broker ByBiz does not exist at the above address.

Conclusion

The team visited Japan as planned to conduct an on-site inspection of the forex broker ByBiz. At its publicly displayed business address, the company's name and other information were not visible, indicating that the broker does not have a real business premises. Investors should 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.