Purpose

The German forex market is a mature foreign exchange market that has developed over a long period, characterized by large trading volumes, numerous participants, and strict regulation. As an important economy in Europe, Germany's forex market holds a significant position in the global financial system. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, our on-site inspection team conducted field visits in Germany.

Process

The on-site inspection team visited the forex broker BDB Profirm in Germany as planned. According to public information, its office address is Wilhelm - Hauff - Straße 13, 60325 Frankfurt am Main, Germany.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to Germany to conduct a physical verification of the broker BDB Profirm claiming to be located at Wilhelm-Hauff-Straße 13, 60325 Frankfurt am Main, Germany.

The inspector successfully arrived at the target address, where the surrounding environment was relatively quiet with average commercial activity. However, no company logo or relevant information for BDB Profirm was found on the building's directory board.

The inspection personnel entered the building lobby and stated their purpose to the security guard. After communication, they obtained entry permission.

Since the company's information is not listed on the directory, we couldn't reach the target floor, making it impossible to verify whether there are clear signage or security measures in BDB Profirm's office area. Additionally, we were unable to photograph the reception desk and its logo, and this office is not a shared workspace.

Upon arrival, it was confirmed to be the correct address, but no information about this broker was found, raising doubts about its authenticity. Therefore, after the on-site inspection, it was confirmed that the broker BDB Profirm does not exist at the aforementioned address.

Conclusion

The inspection team visited the forex broker BDB Profirm in Germany as planned, but found no information such as the company name at the publicly displayed business address, indicating the broker lacks a genuine operational premises. Investors are advised to make comprehensive considerations before making decisions.

Disclaimer

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