Purpose

The Turkish foreign exchange market is an emerging market that has developed in recent decades. With the continuous growth of Turkey's economy and the gradual opening of its financial markets, foreign exchange trading has become increasingly important in the country. The foreign exchange market in Turkey is characterized by active trading and significant impacts from policy changes. To help investors or practitioners gain a more comprehensive understanding of foreign exchange brokers in this region, the on-site inspection team visited Turkey for a field investigation.

Process

As planned, the on-site inspection team visited the forex broker Ozbey in Turkey this time. According to public information, its office address is Grand Bazaar Perdahcılar Cadddesi No:18/ Fatih /Istanbul.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, traveled to Turkey according to a well-planned itinerary. Based on the aforementioned information, they conducted an on-site visit to the dealer Ozbey.

The field investigator proceeded to the target area based on the address information to conduct an on-site verification of the trader claimed to be located at Grand Bazaar Perdahcılar Cadddesi No:18/ Fatih /Istanbul Ozbey.

The inspection personnel have successfully arrived at the target building, which is located in the city center of Istanbul. The surrounding environment is average, and the commercial atmosphere is moderate. The company's logo can be seen on the exterior of the building.

The field investigator entered the building lobby and explained the purpose of the visit to the security personnel. After a brief communication, permission to enter was granted.

The field investigator found that the office area of Ozbey had clear signage but lacked strict security measures. The investigator successfully entered the premises but was unable to photograph the reception desk and its logo. This office is not a shared workspace.

Through the office area, the inspector observed that the company's internal working environment was rudimentary, with only one room and one workstation. The overall environment did not quite match the positioning claimed by the trader.

Therefore, after the on-site inspection, it was confirmed that the dealer Ozbey exists at the aforementioned address.

Conclusion

The on-site inspector visited the foreign exchange broker Ozbey in Turkey as planned. The broker's company name and other information were visible at the publicly displayed business address, indicating that the broker has a genuine business location. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

The above content and views are for reference only and should not be taken as the final basis for decision-making.