Purpose

The German forex market is a mature foreign exchange market that has developed over many years, occupying an important position in European and even global forex trading. It is characterized by large trading volumes, numerous participants, and strict regulatory oversight. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team conducted field visits in Germany.

Process

The on-site inspection team visited the forex broker Arab Wealth Management in Germany as planned. According to public information, its office address is Potsdamer Str. 2, Berlin, Germany.

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 Arab Wealth Management, which claims to be located at Potsdamer Str. 2, Berlin, Germany.

The inspectors successfully arrived at the area of the address. The surrounding environment has its own characteristics, but no company signage or relevant information for Arab Wealth Management was found on the exterior of the building.

The inspectors entered the building lobby, stated their purpose to the security personnel, but were not granted permission to enter.

Due to the inability to enter the building, the inspectors could not reach the target floor, and thus were unable to determine if the office area of Arab Wealth Management had clear signage or security measures. Simultaneously, they could not photograph the reception desk or its LOGO, and it was also not a shared office.

Upon arrival, the inspectors confirmed it was the correct address, but found no information whatsoever about this broker. The overall impression led to the judgment that the broker's address is false.

Therefore, after the on-site inspection, it is confirmed that broker Arab Wealth Management does not exist at the aforementioned address.

Conclusion

The on-site inspection team visited the foreign exchange broker Arab Wealth Management in Germany as planned. At its publicly displayed business address, they were unable to see information such as the broker's company name, indicating that the broker does not have a genuine business premises. 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.