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Minsk, Minsk Region, Belarus
Reasons for Field Survey
The Belarusian foreign exchange market is a vital component of Eastern Europe's financial landscape. Leveraging its solid industrial foundation in machinery manufacturing and chemicals, as well as its close economic and trade ties with neighboring countries, the country's foreign exchange trading business has steadily grown, attracting both international traders and local institutions. To help investors gain a thorough understanding of the true operational status of local forex brokers, a field research team conducted a special visit to Belarus.
Field Survey Process
This time, the inspection team traveled to Belarus as planned and conducted a visit to the publicly listed FTM Brokers office address (Republic of Belarus, Minsk, Pobediteley pr., 5, cab. 211) to verify the authenticity of the address and the broker's operations.
The inspection team arrived at the Minsk building corresponding to the address. Located in the heart of the city, the area is bustling with street life and a strong commercial and financial atmosphere. The inspection team successfully photographed the entire building and clearly saw the FTM Brokers logo on the exterior, directly confirming the connection between the address and the broker. Upon entering the building lobby, the team was allowed to stop without further notice. The company sign in the lobby clearly displayed the FTM Brokers name and corresponding office information, and the publicly listed address was consistent with the information on the inspection form.
The inspection team then successfully reached the target floor and accurately located Room 211 of the company. They also photographed the reception desk and the FTM Brokers logo on the front desk, further verifying the authenticity of the office space. However, when attempting to understand the company's internal operations, staff informed us that we were not allowed to enter the office area. We learned that the company only serves Belarusians and explicitly refused our inspection team's request to photograph the interior of the office.
Although we were unable to inspect the office environment, the external logo, lobby signage, confirmed room locations, and the staff's communication confirmed the existence of the broker.
Thus, our inspection confirmed the existence of FTM Brokers at the aforementioned address.
Field Survey Summary
The surveyors visited FTM Brokers as planned and observed the broker's company name and logo displayed prominently at the publicly shown business address, indicating the physical presence of the broker's business. Investors are advised to take all factors into consideration before making a decision.
Field Survey Disclaimer
The above content and opinions are for reference only and should not serve as a basis for any final decision.
Website:https://www.ftm.by/en/
Website:https://www.ftm.by/en/
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