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, visiting the publicly listed FTM Brokers office address (220004, Minsk, PobediTeley Ave. 5, room 46 (office 223)) to verify the authenticity of the broker's address and its operations.

The inspection team arrived at the building in downtown Minsk, a bustling area with a strong financial and commercial atmosphere. The inspection team successfully photographed the building's panoramic views and clearly spotted the FTM Brokers logo on the exterior. Upon entering the lobby, they were allowed to stop without further notice. The company sign clearly displayed the FTM Brokers name and corresponding office information, and the publicly listed address was identical to the information on the inspection form.

The inspection team then successfully reached the second floor, accurately identifying the company's location as Room 46 (office 223), and photographed the reception desk and the FTM Brokers logo. However, when attempting to inquire further, they were stopped by the front desk. A staff member subsequently approached the office and clarified that the company only serves Belarusian clients and has no business ties with Chinese investors. The inspectors were also denied access to photograph the office interior and were only allowed to confirm exterior and front desk information.

Although they were unable to inspect the office environment, the exterior logo, lobby signage, specific floor location, and the staff's communication clearly indicate the existence of the broker.

Thus, the 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.