Reasons for Field Survey

The Russian foreign exchange market is one of the most important financial markets in Eastern Europe. Leveraging its abundant energy resources and growing economy, the Russian forex trading business has gradually flourished, attracting numerous international and local traders. To help investors gain a deeper understanding of the actual operations of forex traders in the region, a field research team conducted an on-site visit to Russia.

Field Survey Process

This issue's field research team traveled to Russia as planned to conduct an on-site visit to the forex broker Tongda Tongda International. Publicly available information lists its office address as 8th floor, 72 Prospect Mira, Moscow, 129110, Russia, Business Center.

Dedicated to ensuring strict investor protection, the professional and experienced field research team traveled to Russia according to a carefully planned visit. Based on the aforementioned information, they conducted an on-site visit to Tongda Tongda International.

Based on the address information, the field research team traveled to the relevant area in Moscow and conducted an on-site verification of the broker Tongda Tongda International, which claimed to be located at 8th floor, 72 Prospect Mira, Moscow, 129110, Russia, Business Center.

Upon arrival, the field research team discovered that the area indicated by the address was a bustling location with frequent commercial activities, high foot traffic, and a strong business atmosphere. The field research team successfully captured a panoramic view of the building. However, upon verification, the address was actually the location of the Bank of China's Russian branch, not Tongda Tongda International's office, and had no connection to the broker.

Due to building regulations, the inspection team was unable to enter the company lobby and could only observe from the outside. Inside the building, no signage displaying Tongda International's information was found. While there were logos on the exterior, they were all Bank of China logos, not the broker's.

The inspection team was unable to reach the alleged 8th floor and confirm its specific location, and naturally, was unable to enter the broker's office. On-site observations revealed that this was not a shared office, and there was no Tongda International reception desk or logo to photograph, let alone the company's internal office environment. Based on the on-site situation, the address did not match the one listed on the inspection form, and no Tongda International office existed.

Therefore, the inspection confirmed that the brokerage, Tongda International, did not exist at the aforementioned address.

Field Survey Summary

The surveyors visited the Tongda 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.