Purpose

The Thai forex market is an emerging foreign exchange market that has developed in recent years. With the continuous development of Thailand's economy and the gradual opening of its financial markets, foreign exchange trading has become increasingly active in Thailand. To help investors or practitioners gain a more comprehensive understanding of forex brokers in Thailand, the on-site inspection team traveled to Thailand for a field visit.

Process

This period's on-site inspection team went to Thailand as planned to conduct a field visit to the forex broker JP PRO. According to publicly available information, its office address is The Excel Hideaway, Sukhumvit 50, Bangkok 10240.

A professional and experienced on-site inspection team, driven by a sense of mission to strictly vet for investors, followed a meticulous plan and traveled to Thailand to conduct a physical verification of the broker JP PRO that claims to be located at The Excel Hideaway, Sukhumvit 50, Bangkok 10240.

The inspectors successfully arrived at the target building. The building is an apartment, not an office building, and is not located on a main street. The surrounding environment is relatively quiet, with a mediocre commercial atmosphere. No company signage or related information was found on the exterior of the building.

The inspectors attempted to enter the building lobby but were unable to obtain permission to enter. No company directory plate was found inside the building, and there was no company logo either inside or outside the building. Since the building is not an office building and there is no specific address, the inspectors could not reach a specific floor to confirm the exact location, nor could they enter the company's premises. They were unable to photograph the company's reception desk or logo, and it is not a shared office space. They could not observe the internal office environment through the glass doors either, as entry was simply not permitted.

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

Conclusion

The on-site inspection team visited Thailand as planned to conduct an on-site visit to the forex broker JP PRO. At its publicly displayed business address, no information such as the broker's company name could be seen, indicating that the broker does not have a genuine business premises. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

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