Reason for this visit

Recently, investors have called to ask for more exposure of Japanese licensees whose actual addresses are inconsistent with the regulatory addresses. Based on the feedback from investors and the work plan of the survey team, the survey team are going to visit FXTF, a licensed dealer in Japan, to learn more about the actual situation.

On-site visit

According to the regulatory information, the dealer FXTF is licensed by the Japanese regulator and located at 4/F, Mita Kawasaki Building, 2-11-15 Mita, Minato-ku, Tokyo. The survey team thus decided to have an on-site visit to this regulatory address for confirmation.

The destination was located between Tokyo's Mita and Akabanobashi Stations, right next to Tokyo Tower. The orientation and layout of the offices were clear, making it convenient that visitors could quickly find the company they were looking for. Since an entry pass was required to enter the detailed floor, the surveyors could only take pictures from the outside, but were unable to photograph the inside of the building. However, the surveyors found the nameplate of the dealer.

Conclusion

The survey team went to visit the dealer FXTF in Tokyo, Japan as planned. The dealer’s logo can be found on the publicly displayed address, indicating that the dealer had a real business place. However, the surveyors failed to enter the company for further visit, so the specific scale of the business remained unknown. Please be prudent when trading with this broker.

Disclaimer

The content is for informational purpose only, and shall not be taken as final order for making choice.