Purpose

The German foreign exchange market is a mature market formed through long-term development, characterized by a high degree of internationalization and standardization. As one of Europe's important financial centers, Germany's foreign exchange trading holds a significant position in the global financial market. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team traveled to Germany for a physical visit.

Process

In this issue, the on-site inspection team went to Germany as planned to visit the forex broker Beetcy Metric. According to public information, its office address is Kronenstraße 63, 10117 Berlin.

A professional and experienced on-site inspection team, driven by a sense of mission to strictly vet for investors, traveled to Germany according to a well-planned schedule to conduct a physical verification of the broker Beetcy Metric claiming to be located at Kronenstraße 63, 10117 Berlin.

The inspectors successfully arrived at the area of the address. Upon observation, the surrounding environment of the location was generally orderly. However, after a careful search outside the building, no company signage or any relevant information regarding Beetcy Metric was found.

The inspectors approached the building. Since the company was not listed on the building's directory, they could not clearly state to security or staff their intention to visit Beetcy Metric, and thus failed to obtain entry permission.

Due to the inability to enter the building, they could not reach the target floor to confirm the status of Beetcy Metric's office area. After repeated verification around and outside the building, no trace of this broker was found. Through the building's glass doors and other vantage points, no internal environment or other conditions related to Beetcy Metric could be seen. After a meticulous search without finding any information about this broker, the inspectors concluded that the broker's address is false.

Therefore, after the on-site inspection, it was confirmed that broker Beetcy Metric does not exist at the aforementioned address.

Conclusion

The on-site investigator visited the foreign exchange broker Beetcy Metric in Germany as planned. At its publicly displayed business address, no information such as the broker's company name was visible, indicating that the broker does not have a genuine physical business location. Investors are advised to make their choice after comprehensive consideration.

Disclaimer

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