Purpose

The Turkish foreign exchange market is an emerging market that has developed in recent years. With the continuous development of Turkey's economy and the gradual opening of its financial markets, foreign exchange trading has become increasingly active in the country. To help investors or practitioners gain a more comprehensive understanding of foreign exchange brokers in the region, the team traveled to Turkey for on-site visits.

Process

This week, the team is scheduled to visit the foreign exchange broker Fecund Pro Fx in Turkey as planned. According to public information, their office address is 'Halaskargazi Cd. No:155, Merkez, 34381 Şişli/İstanbul, Turkey'.

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

The team proceeded to the target area based on the address information to conduct an on-site verification of the dealer Fecund Pro Fx who claimed to be located at this address. The team successfully arrived at the area of the address, and after comparing it with Google Maps information, confirmed that this was indeed the address they were looking for. However, the surrounding environment appeared to be a residential area, not a location with a strong commercial office atmosphere. On the exterior of the building, no signs or related information of the company were found.

The on-site inspector explained their purpose to the management office personnel, who informed them that this is a residential area and there is no company named Fecund Pro Fx here. Since this is a residential area and the company does not exist, the team was unable to obtain entry permission and could not reach the specific floor to confirm the exact location.

Because I cannot enter the company, I am unable to take photos of the reception area and the logo at the reception, and it is not a shared office. Through the public areas of the building, it is also naturally impossible to observe the internal office environment and other conditions of the company.

Therefore, after the on-site inspection, it was confirmed that the dealer Fecund Pro Fx does not exist at the aforementioned address.

Conclusion

The team proceeded to Turkey as planned to conduct an on-site visit to the forex broker Fecund Pro Fx. At the publicly displayed business address, the company name and other information of the broker were not visible, indicating that the broker does not have a genuine business location. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

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