Purpose

The Japanese foreign exchange market is an important international forex market that developed after World War II. It is characterized by large trading volume and trading hours covering the Asian session, occupying a significant position in global forex trading. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the team went to Japan for a field visit.

Process

This team went to Japan on schedule to visit forex broker Centrade. According to public information, its office address is 〒104-0032 1 Chome-5-1 Hatchobori, Chuo City, Tokyo Japan 3f.

A professional and experienced team, with the mission of strictly safeguarding investors' interests, traveled to Japan according to a well-laid plan. They conducted an on-site inspection of the broker Centrade, which claims to be located at 〒104-0032 1 Chome-5-1 Hatchobori, Chuo City, Tokyo Japan 3f.

The team successfully arrived at the target building. The location is in central Tokyo, with a bustling surrounding environment and a strong commercial atmosphere. This is a luxury office building; however, no company sign or related information of Centrade was found on the outside of the building.

The team entered the building lobby and informed the security guard of their intention. After communication, they obtained permission to enter.

After arriving at the target floor, the 3rd floor, the team discovered that the floor was occupied by another securities company, and there were no obvious signs of Centrade's office area. They were also unable to go upstairs to ask whether the two companies were related. Due to the lack of relevant guidance and the inability to go upstairs, the team could not enter the interior, nor could they photograph the front desk and its LOGO. The office area was not a shared office.

Through the lobby area, the team could not observe the internal environment of Centrade's company. The overall situation does not match its claimed positioning of operating at this address.

Therefore, after the on-site inspection, it was confirmed that the broker Centrade does not exist at the aforementioned address.

Conclusion

The team visited the forex broker Centrade in Japan as planned, but at its publicly displayed business address, they could not see the company name or other information of the broker, indicating that the broker does not have a genuine place of business. Investors should make their decision after comprehensive consideration.

Disclaimer

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