Reasons for Field Survey

The Japanese foreign exchange market is one of the world's most important forex trading markets, boasting a long history, a mature financial system, and strict regulatory mechanisms. It holds a crucial position in the global forex market. With numerous participants and high trading activity, it is subject to strict oversight by regulatory agencies such as the Financial Services Agency of Japan, ensuring the market's standardized operation. To help investors gain a more comprehensive understanding of the actual operations of forex dealers in the region, the field research team conducted an on-site visit to Japan.

Field Survey Process

This issue's field research team traveled to Tokyo as planned to conduct an on-site visit to the brokerage firm Crowd Bank. Publicly available information indicates its office address is 6F, Shin Roppongi Building, 7-15-7 Roppongi, Minato-ku, Tokyo.

Based on this address, the professional field research team, committed to fulfilling their responsibility to investors, conducted an on-site inspection of Crowd Bank.

The field research team traveled to the Roppongi area of Minato-ku, Tokyo, and arrived at Shin Roppongi Building. The building's corporate campus and streetscape were average, with a moderate commercial atmosphere. From the building's exterior, the field research team was able to capture a clear panoramic view of the building and found no Crowd Bank signage.

The field research team attempted to enter the building's lobby but was unsuccessful, and was unable to verify the company's name on the lobby sign. The field research team learned that only two companies were located on the building's 6th floor, and found no trace of Crowd Bank.

Without access to the building or the target floor, the inspection team was unable to reach the specific floor and confirm the location. Naturally, they were unable to enter the company, nor were they able to photograph the reception desk or its logo. The company's logo was not found inside or outside the building. The location was confirmed to be not a shared office, further confirming that Crowd Bank did not actually operate there.

Thus, the inspection confirmed that Crowd Bank, the broker, did not have a physical business location.

Field Survey Summary

The surveyors visited the Forex broker Crowd Bank as planned. They could not find the broker's company name and other information at its publicly displayed business place, indicating that the broker does not have a real business location. Investors are advised to consider this information comprehensively before making decisions.

Field Survey Disclaimer

The above content and opinions are for reference only and should not serve as a basis for any final decision.