Purpose

The Japanese foreign exchange market is an important international forex market that developed after World War II. It has characteristics such as large trading volume and flexible trading hours, and occupies a significant position in the Asian and even global forex markets. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the survey team conducted an on-site visit to Japan.

Process

This field research team went to Japan as planned to visit the forex broker MIKI, according to public information, its office address is 20F msb Tamachi Tamachi Station Tower N, 3-1-1 Shibaura, Minato-ku, Tokyo 108-0023.

The professional and experienced onsite inspection team, with a sense of mission to strictly vet for investors, went to Japan following a meticulous plan to conduct an on-site verification of the broker MIKI claiming to be located at the given address.

The site inspectors arrived smoothly at Tamachi Station Tower N, located in central Tokyo, surrounded by a bustling environment with a strong commercial atmosphere. This area is filled with luxury office buildings, with convenient transportation and complete supporting facilities. However, no signage or relevant information of MIKI company was found outside the building.

The site inspectors entered the building lobby, stated their purpose to the security guard. After communication, they were granted permission to enter the lobby.

No signboard of MIKI company was found inside the building, nor was the company's logo seen. Since the building requires an appointment and access control to go upstairs, it was impossible to reach the target floor 20F to confirm the specific location, and thus unable to enter the company's interior. At the same time, it was not possible to photograph the reception desk and its logo; the office is not a shared office.

Through the lobby, the internal office environment of the company could not be observed. Although the receptionist confirmed that the company does exist, during the onsite inspection, no visible signage of the company was seen at the public address and it was not possible to enter its office area. Therefore, after the inspection, it was confirmed that the broker MIKI does not exist at the above address.

Conclusion

The on-site investigation team went to Japan as planned to visit forex broker MIKI in person. At its publicly displayed business address, the company name and other information of the broker could not be seen, indicating that the broker does not have a real business premises. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

The above content and opinions are for reference only and should not be used as the basis for final decisions.