Reasons for Field Survey

The Japanese foreign exchange market is one of the world's most important forex trading markets, boasting a long history, a mature financial system, and strict regulatory mechanisms. It holds a crucial position in the global forex market. With numerous participants and high trading activity, it is subject to strict oversight by regulatory agencies such as the Financial Services Agency of Japan, ensuring the market's standardized operation. To help investors gain a more comprehensive understanding of the actual operations of forex dealers in the region, the field research team conducted an on-site visit to Japan.

Field Survey Process

This time, the inspection team traveled to Tokyo as planned to conduct an on-site visit to the forex broker JFX. Publicly available information indicates its office address is 1-12-7 Shintomi, Chuo-ku, Tokyo 104-0041 (Shintomi HJ Building 3F).

With a sense of mission to ensure stringent investor scrutiny, the professional and experienced inspection team traveled to Tokyo according to a carefully planned schedule. Based on the aforementioned information, they conducted an on-site visit to JFX.

The inspection team successfully arrived at their target building, Shintomi HJ Building. The surrounding environment was average, with a moderate business atmosphere. The inspection team successfully captured a panoramic view of the building, which exhibited the characteristics of a typical commercial building.

At the building entrance, the inspection team discovered that access was restricted, preventing direct access to the lobby and preventing them from viewing the lobby sign. Furthermore, the company's logo was not visible either on the exterior or inside the building.

Although unable to enter through the main entrance, the surveyors were able to reach the third floor via the fire escape. However, the entrance to this floor was also locked, preventing them from entering to inspect the interior. Therefore, they were unable to confirm JFX's exact location on this floor, nor were they able to take photos of the reception desk or its logo. Based on the on-site situation, there was no valid evidence to prove JFX's presence at this location.

Therefore, the survey confirmed that the brokerage firm JFX did not exist at the aforementioned address.

Field Survey Summary

The surveyors visited the JFX 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.