Purpose

The German forex market is a mature foreign exchange market that has developed over a long period of financial evolution. As one of Europe's important financial centers, the German forex market features active trading and robust regulations. To help investors and practitioners gain a more comprehensive understanding of forex brokers in this region, our on-site inspection team conducted field visits in Germany.

Process

The on-site inspection team visited the forex broker SELINUS in Germany as planned. According to public information, its office address is Neue Mainzer Straße 52 - 58 60311 Frankfurt am Main Deutschland.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, meticulously planned and traveled to Germany. Following the address details, they proceeded to the area of Neue Mainzer Straße 52 - 58 to conduct an on-site verification of the trading firm SELINUS claiming to operate at this location.

The inspection personnel successfully arrived at the building where the address is located. The building is situated in an important commercial district of Frankfurt, Germany, with a bustling surrounding environment and strong commercial atmosphere. However, no company logo or relevant information of SELINUS was found on the exterior of the building.

The inspection personnel entered the building lobby and, after stating their purpose to the security guard, successfully obtained entry permission. There was no information about this company on the directory board inside the building.

Since the specific floor could not be determined, we were unable to reach the target floor to verify SELINUS's office area. No directory signage for the company was found in the lobby, nor was its logo visible. This office space is not a shared workspace, and the field investigator failed to capture photos of the reception desk or its logo.

The on-site investigator inquired with the front desk staff and was informed that there is no company named SELINUS in this building. The overall situation severely contradicts the location claimed by the broker.

Therefore, after on-site verification, it has been confirmed that the broker SELINUS does not exist at the aforementioned address.

Conclusion

The inspection team visited the forex broker SELINUS in Germany as planned. At the publicly displayed business address, they failed to find any information such as the company name of the broker, 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 used as the final basis for selection.