Purpose

The Japanese foreign exchange market is a mature forex market that gradually developed after World War II. Since Japan adopted a floating exchange rate system in the 1970s, the scale of the foreign exchange market has continued to expand, and the variety of trading instruments has become increasingly rich, occupying an important position in the Asian and even global foreign exchange markets. In order to help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team went to Japan for a field visit.

Process

The on-site investigation team went to Japan as planned to visit forex broker kanetsufx. According to public information, its office address is Tosei Building 7F, 12-8 Nihonbashi Hisamatsucho, Chuo City, Tokyo, Japan.

The professional and experienced site inspection team, with a sense of mission to strictly vet on behalf of investors, traveled to Japan according to a well-planned schedule. They conducted an on-site verification of the trading dealer kanetsufx, which claimed to be located at 7F, Tosei Building Nihonbashi Hisamatsucho, 12-8 Nihonbashi Hisamatsucho, Chuo-ku, Tokyo.

The inspectors arrived at the target address but found that the building had been recently demolished. The building should have been at this specific geographic location, but now only traces of demolition remain. The surrounding environment is slightly messy due to the demolition, and the commercial atmosphere has dissipated. So no company signage or related information was found at the original location of the building.

Since the building has been demolished, the inspectors could not enter the building lobby, let alone state their purpose to security or staff, register, or communicate. Therefore, there was no question of obtaining permission to enter.

Because the building no longer exists, the inspectors could not reach the target floor and thus could not discover whether kanetsufx's office area had clear signage or security measures. Due to objective limitations, the inspectors could not enter the interior, nor could they take photos of the reception area and its LOGO. The office location is also not a shared office.

Since they could not enter the interior, they were unable to observe the company's internal environment, decoration style, or employee activities.

Therefore, after the site inspection, it was confirmed that the trading dealer kanetsufx does not exist at the above address.

Conclusion

The field investigation team went to Japan as planned to conduct an on-site visit to forex broker KanetsuFX. At the 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 real business location. Investors are advised to make their decisions after comprehensive consideration.

Disclaimer

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