Purpose

The Japanese foreign exchange market is a mature forex market that gradually developed after World War II. As one of the world's important financial centers, the Japanese forex market is characterized by large trading volumes and trading hours covering the Asian session. In order to help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the survey team went to Japan for an on-site visit.

Process

This time, the actual survey team went to Japan as planned to visit the forex broker Meiwa Securities, according to public information, its office address is 2-21-6 Hatchobori, Chuo City, Tokyo 104-0032, Japan.

A professional and experienced on-site inspection team, with a mission to strictly scrutinize for investors, followed a meticulous plan and traveled to Japan. They conducted an on-site verification of the broker Meiwa Securities, claiming to be located at 〒104-0032, 2-21-6 Hatchobori, Chuo-ku, Tokyo.

The inspection team arrived smoothly at the target building, which is located in the bustling Hatchobori, Chuo-ku, Tokyo. The surrounding environment was clean, with a strong business atmosphere. However, no company logo or related information of Meiwa Securities was found on the exterior of the building.

The inspection team entered the lobby of the building and explained their purpose to the security guard. After communication, they obtained permission to enter.

According to the address, the company should be located on the 9th floor. However, upon arrival, it was found that the corresponding 9th floor was empty, and the elevator could not reach the 9th floor. Since the target floor was inaccessible, the inspection team could not enter the company premises, nor could they take photos of the front desk or its logo. Additionally, the office was not a shared office.

Through areas such as the elevator lobby, due to the inability to enter the company, the internal environment could not be observed. Overall, based on actual experience, it was impossible to confirm whether the company actually exists.

Therefore, after the on-site inspection, it was confirmed that the broker Meiwa Securities does not exist at the above address.

Conclusion

The site inspectors went to Japan as scheduled to conduct an on-site visit to forex broker Meiwa Securities. At its publicly displayed business address, they could not see the company name or other information of the broker, indicating that the broker does not have a real business premises. Investors should make their decisions after comprehensive consideration.

Disclaimer

The above content and opinions are for reference only and do not serve as the basis for final decisions.