Reasons for Field Survey

The Russian foreign exchange market is one of the most important financial markets in Eastern Europe. Leveraging its abundant energy resources and growing economy, the Russian forex trading business has gradually flourished, attracting numerous international and local traders. To help investors gain a deeper understanding of the actual operations of forex traders in the region, a field research team conducted an on-site visit to Russia.

Field Survey Process

This issue's field research team traveled to Russia as planned to conduct an on-site visit to the forex broker Excess World. Publicly available information lists its office address as Dmitrovskoe sh, 100, Block-S2, Moscow, 127247.

The professional and experienced field research team, driven by a commitment to rigorous investor scrutiny, followed a carefully planned trip to Russia. Based on the aforementioned information, they conducted an on-site visit to Excess World.

Based on the address information, the field research team traveled to the relevant area in Moscow to conduct an on-site verification of the broker, which claimed to be located at Dmitrovskoe sh, 100, Block-S2, Moscow, 127247.

Upon arrival, the field research team discovered that this was not Excess World's office, but rather the headquarters of a large state-owned conglomerate. The building boasts a stately exterior, with flags of various countries adorning the first-floor entrance. The surroundings exude the rigorous atmosphere of a large corporation, with the conglomerate's operations at the core of the business atmosphere. The field research team successfully captured a panoramic view of the building.

Due to strict building management, the inspection team was unable to enter the company lobby and could only observe from the outside. Inside the building, no signage bearing the name Excess World was found, nor was the broker's logo visible either inside or outside.

Unable to reach the specific floor or confirm the exact location, the inspection team was unable to enter the broker's premises. After questioning the on-site security, the inspection team received a clear explanation that no Excess World company existed at the address. On-site conditions indicated that the location was not a shared office, and there was no Excess World reception desk or logo visible for photographing, let alone the internal office environment. Based on the on-site situation, the address did not match the one listed on the inspection form, and no Excess World office existed.

Therefore, the inspection confirmed that the broker Excess World did not exist at the aforementioned address.

Field Survey Summary

The surveyors visited the Excess World as planned. They could not find the broker's company name and other information at its publicly displayed business place, indicating that the broker does not have a real business location. Investors are advised to consider this information comprehensively before making decisions.

Field Survey Disclaimer

The above content and opinions are for reference only and should not serve as a basis for any final decision.