Purpose

The Japanese foreign exchange market is an international forex market that developed after World War II, characterized by large trading volume and flexible trading hours. As one of the important forex trading centers in Asia, the Japanese forex market occupies a significant position in the global financial system. In order to help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the verification team went to Japan for an on-site visit.

Process

The field survey team plans to visit forex broker Excite One in Japan as scheduled. According to public information, its office address is 3-20-1 Minami-Azabu, Minato-ku, Tokyo.

A professional and experienced on-site inspection team, with a sense of mission to strictly scrutinize for investors, traveled to Japan according to a meticulous plan. They conducted a field verification of the broker Excite One, which is located at 3-20-1 Minami-Azabu, Minato-ku, Tokyo.

The inspectors arrived at the target building, which is located in a bustling area of Tokyo, a high-grade office building with a prosperous surrounding environment and a strong commercial atmosphere. However, no company logo or relevant information of Excite One was found on the exterior of the building.

The inspectors entered the first floor of the building and stated their purpose to the security guard. After communication, they were not granted entry permission.

Through inquiry, the inspectors found that the 5th floor is a shared office. The directory board outside the door had no obvious signage or security measures for the office area of Excite One. Due to the lack of specific information about the company and the shared office environment, the inspectors could not confirm the exact location of the company, nor could they enter the interior, and were also unable to photograph the reception area or the its logo.

Through the glass door, since entry was not allowed, the inspectors could not observe the internal office environment of the company. The overall situation did not match its claimed positioning of having a fixed business premises.

Therefore, after the on-site inspection, it was confirmed that the broker Excite One does not exist at the above address.

Conclusion

The survey personnel went to Japan as planned to visit forex broker Excite One. At its 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 premises. Investors are advised to make a decision after comprehensive consideration.

Disclaimer

The above content and views are for reference only and do not serve as the basis for final decisions.