Reasons for Field Survey

The Japanese foreign exchange market is one of the world's most important forex trading markets, boasting a long history, a mature financial system, and strict regulatory mechanisms. It holds a crucial position in the global forex market. With numerous participants and high trading activity, it is subject to strict oversight by regulatory agencies such as the Financial Services Agency of Japan, ensuring the market's standardized operation. To help investors gain a more comprehensive understanding of the actual operations of forex dealers in the region, the field research team conducted an on-site visit to Japan.

Field Survey Process

This issue's field research team traveled to Japan as planned to conduct an on-site visit to the forex broker UTForex. Publicly available information lists its office address as 〒103-0022 4-4-10 Nihonbashi Muromachi, Chuo City, Tokyo, Higashi Mijimachi Building 8F, Japan.

Dedicated to ensuring stringent investor safety, the professional and experienced field research team traveled to Japan according to a carefully planned visit. Based on the aforementioned information, they conducted an on-site visit to UTForex.

Based on the address information, the field research team traveled to the Nihonbashi-Muromachi area of Chuo Ward, Tokyo, and conducted an on-site verification of UTForex, which claimed to be located at 〒103-0022 4-4-10 Nihonbashi Muromachi, Chuo City, Tokyo, Higashi Mijimachi Building 8F, Japan.

The field research team successfully arrived at the building at the address and found it closed. The surrounding corporate campus and street conditions were average, allowing the field research team to capture a clear panoramic view of the building.

Due to the building closure, the surveyors were unable to enter the lobby or contact internal staff. No UTForex-related signage was found on the exterior or within visible areas of the building. The company's name was not displayed on the floor signage inside the building, and its logo was not visible on the exterior or interior.

Because the building was closed, the surveyors were unable to reach the specific floor and confirm the company's location, nor could they enter the company. Naturally, they were unable to photograph the front desk or its logo, and were unable to observe the company's internal office environment.

Thus, the survey confirmed that UTForex does not exist at the aforementioned address, and the address does not match the address provided on the survey form.

Field Survey Summary

The surveyors visited the Forex broker UTForex as planned. They could not find the broker's company name and other information at its publicly displayed business place, indicating that the broker does not have a real business location. Investors are advised to consider this information comprehensively before making decisions.

Field Survey Disclaimer

The above content and opinions are for reference only and should not serve as a basis for any final decision.