Purpose

The German foreign exchange market is a mature market that has developed in modern times. As one of Europe's important financial centers, the German forex market features active trading and sound regulations, holding a significant position in global foreign exchange transactions. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team conducted field visits in Germany.

Process

In this issue, the on-site inspection team went to Germany as planned to visit the forex broker Platinumhitech. According to public information, its office address is 17 Warschauer Straße, 10243, Berlin, Germany.

A professional and experienced on-site verification team, driven by a sense of mission to strictly vet for investors, traveled to Germany according to a well-planned schedule to conduct a physical verification of the broker Platinumhitech, which claims to be located at 17 Warschauer Straße, 10243, Berlin, Germany.

The verification personnel successfully arrived at the address and found it to be an ordinary residential building. The surrounding environment is relatively quiet, with a general commercial atmosphere.

No signage or any relevant information related to the company was found on the exterior of the building.

The verification personnel attempted to enter the building, explaining their purpose to the security guard, but were not granted permission to enter.

As they were unable to enter the building, they could not reach the target floor, and thus could not confirm whether Platinumhitech had clear signage or security measures. Due to the inability to enter, they could not photograph the reception area, and the location was not a shared office space.

The verification personnel could only observe from outside the building and found no signs related to the said broker. The overall situation does not match its claimed positioning.

Therefore, after the on-site verification, it was confirmed that broker Platinumhitech does not exist at the aforementioned address.

Conclusion

The on-site inspection team visited the forex broker Platinumhitech in Germany as planned. At its publicly displayed business address, they were unable to see any information such as the broker's company name, indicating that the broker does not have a genuine physical business location. 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 sole basis for final selection.