Purpose

The Egyptian foreign exchange market is an emerging market that has developed in recent years. With the continuous growth of Egypt's economy and the increasing openness to the outside world, the foreign exchange market has become increasingly important in the financial system. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team conducted field visits in Egypt.

Process

The on-site inspection team visited the foreign exchange broker EFG Holding in Egypt as planned. According to public information, its office address is Building No. B129, Phase 3, Smart Village, Km 28 Cairo Alexandria Desert Road, 6 October 12577, Egypt.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to Egypt to conduct an on-site verification of the broker EFG Holding purportedly located at Building No. B129, Phase 3, Smart Village, Km 28 Cairo Alexandria Desert Road, 6 October 12577.

The inspection personnel successfully arrived at the target building, which is quite far from Cairo, requiring a 50-minute drive. The location is situated along the Cairo Alexandria Desert Road, surrounded by a bustling environment with a strong commercial atmosphere. The company's large logo is clearly visible on the exterior of the building, appearing eye-catching and modern.

The surveyor entered the building lobby and stated their purpose to the security personnel. After a brief registration, they successfully obtained entry permission.

Upon arriving at the target floor, the field investigator found that the office area of EFG Holding had clear signage and certain security measures in place. The investigator was able to enter the premises and take photos of the reception area and its logo. This office is not a shared workspace.

Through the reception area, the field investigator observed that the company's internal office environment was average, with approximately 2 rooms and 10 workstations. The decoration was excellent, located in a standalone building, and the overall environment matched its claimed positioning.

Therefore, after on-site verification, it is confirmed that the broker EFG Holding exists at the above address.

Conclusion

The on-site inspector visited the forex broker EFG Holding in Egypt as planned. The broker's company name and other information were visible at the publicly displayed business address, indicating that the broker has a genuine operational presence. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

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