Inspection Reason

It is expected by many investors for exposure of more Japan licensed brokers whose real address were not the same with its regulation address. According to investors’ feedback and the surveyors’ working schedule, the surveyor went to Bansei to know more about its interior.

Office

According to the regulation information, the Japanese licensed broker was located at 1-21-2, Kayabacho, Chuo-ku, Tokyo. The surveyor visited the broker.

According to the regulation information, the surveyoy went to Shinkawa 1-chome and found that there were residential buildings nearby.

The surveyor made much affort before found the door number indicated by the regulation information at one side of a pillar.

According to the singage on the wall, it was known that here was just a mail room. There existed no company at all.

Conclusion

The visit by surveyors confirmed that the broker’s real address was not the same with its regulation address. Although the broker held a retail forex license issued by FSA, its suspicion of being a clone broker could not be excluded.Investors are advised to resort to their good judgement after consulting the said above.