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 gradual opening of its financial markets, the importance of foreign exchange trading in the region has become increasingly prominent. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this area, an on-site inspection team was dispatched to Egypt for field visits.

Process

The on-site inspection team visited the forex broker HD Securities in Egypt as planned. According to public information, its office address is 58 Gezirat Al Arab Street - Giza.

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 trader HD Securities claiming to be located at ٥٨ شارع جزيرة العرب - الجيزة.

The field investigator successfully arrived at the target building, which is located in a specific geographical area. Due to the absence of any relevant information about the trader in the surrounding environment, no further attention was paid to it. No company logos or related information were found on the exterior of the building.

The surveyor entered the building lobby and stated their purpose to the security personnel. After communication, they obtained permission to enter.

Upon arriving at the target floor, the field investigator found that the office area of HD Securities had no clear signage. Due to the absence of any company-related information, the investigator was unable to enter the premises. They could not photograph the reception area or the reception desk's logo, and the office was not a shared workspace.

The on-site inspector was unable to observe the internal environment of the company because no actual office area was found. The overall situation does not match its claimed positioning.

Therefore, after on-site verification, it is confirmed that the broker HD Securities does not exist at the above address.

Conclusion

The on-site investigator visited the forex broker HD Securities in Egypt as planned. At the publicly displayed business address, no information such as the company name of the broker was found, indicating that the broker does not have a genuine business premises. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

The above content and views are for reference only and should not be considered as the final basis for decision-making.