Purpose

The Japanese foreign exchange market is an important international forex market that gradually developed after World War II. As one of the world's major economies, Japan's forex market has active trading, high liquidity, and diverse trading participants. To help investors or practitioners gain a more comprehensive understanding of Japanese forex brokers, the on-site inspection team traveled to Japan for a field visit.

Process

The survey team went to Japan as planned to visit the forex broker EXP. According to public information, its office address is 3-6 4F, Kojimachi Chiyoda-ku, Tokyo, 102-0083 Japan.

A professional and experienced site visit team, with a sense of mission to strictly vet for investors, traveled to Japan according to a well-planned itinerary. They conducted an on-site verification of the broker EXP, which claims to be located at 3-6 4F, Kojimachi Chiyoda-ku, Tokyo, 102-0083 Japan.

The site investigators arrived at the corresponding building. The building is located in a luxurious area in central Tokyo. It is a decent office building, with a bustling surrounding environment and a strong business atmosphere. However, no company signage or related information was found on the exterior of the building.

The site investigators entered the lobby of the building, explained their purpose to the security guard, and after communication, obtained permission to enter.

However, no directory information for the company was found in the building. Upon reaching the target floor, they found another company operating there, with no clear signage for the office area of EXP. Since the specific location of the company could not be confirmed, the site investigators could not enter the interior, nor could they photograph the front desk or its logo. The office was not a shared office either.

Through the glass door, due to the inability to enter, the site investigators could not observe the internal environment of the company. The overall situation did not match its claimed positioning.

Therefore, after the site visit, it was confirmed that the broker EXP does not exist at the above address.

Conclusion

The inspection team went to Japan as planned to conduct an on-site visit to forex broker EXP. However, at the publicly displayed business address, they could not see the broker's company name or other information, indicating that the broker does not have a genuine business premises. 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 a basis for final decisions.