Purpose

The Greek forex market has developed over a long period of financial evolution, forming a market with certain scale and characteristics that occupies a notable position within the European financial system. To help investors and practitioners gain a more comprehensive understanding of forex brokers in this region, our on-site investigation team conducted field visits in Greece.

Process

The on-site inspection team visited the forex broker TaoTrade in Greece as planned. According to public information, their office address is 4, 28th Octovriou street, Maroussi 15124, Athens, Greece.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, meticulously planned and traveled to Greece to conduct an on-site verification of the broker TaoTrade claiming to be located at 4, 28th Octovriou street, Maroussi 15124, Athens, Greece.

The inspector successfully arrived at the target building, which is located in a specific area of Athens, Greece. The surrounding environment appears relatively normal with average commercial activity. No company signage or relevant information for TaoTrade was found on the exterior of the building.

The inspector entered the building lobby and stated their purpose to the security guard or staff. After brief communication, they obtained entry permission.

Upon entering the lobby, you can see the directory board, but it does not list the name of TaoTrade company. When inquiring with the management, they stated that there is no such company in this building. Since the specific floor and location of the company cannot be confirmed, the inspection personnel cannot access the specific floor or verify the exact location, nor can they enter the company premises. Additionally, this office is not a shared workspace.

Through the lobby area, the investigator was unable to observe the internal environment of the company due to restricted access. Overall, this situation does not align with its claimed positioning of having a genuine physical office.

Therefore, after on-site inspection, it has been confirmed that broker TaoTrade does not exist at the aforementioned address.

Conclusion

The inspection team visited Greece as planned to conduct an on-site investigation of the forex broker TaoTrade. At the publicly displayed business address, they were unable to find any information such as the company name of the broker, indicating that the broker does not have a genuine business premises. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

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