Purpose

The German forex market is a mature foreign exchange market formed through a long-term process of financial development. It is characterized by a high degree of openness and activity, holding a significant position in the European and even global forex markets. 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

In this issue, the on-site inspection team went to Germany as planned to conduct a field visit to the forex broker US iDeals. According to public information, its office address is Breite Str. 22, 50667 Köln.

A professional and experienced on-site verification team, driven by a sense of mission to rigorously vet for investors, proceeded to Germany according to a well-planned schedule to conduct a physical verification of the broker US iDeals, which claims to be located at Breite Str. 22, 50667 Köln.

The verification personnel successfully arrived at the target building, which is a shopping mall located on a bustling street in the city center of Cologne. The surrounding environment is very prosperous, with a strong commercial atmosphere. There is a directory of the mall's tenants outside the mall, but the directory does not display information for the company US iDeals.

The verification personnel attempted to enter the mall's lobby. However, since the address does not specify a specific floor, it was impossible to confirm whether the company is located there, and there was also no directory for this company inside the building, so permission to enter could not be obtained.

Due to the inability to confirm the specific floor, the verification personnel could not reach a specific floor and confirm the exact location, nor could they enter the company's interior. Naturally, they were also unable to photograph US iDeals's reception desk and logo. This office location is also not a shared office space.

Looking through the mall lobby, since the company's specific location could not be determined, it was also impossible to observe the company's internal environment and other conditions.

Therefore, after the on-site verification, it was confirmed that the broker US iDeals does not exist at the aforementioned address.

Conclusion

The on-site investigator visited the forex broker US iDeals in Germany as planned. At its publicly displayed business address, no information such as the company name of this broker could be seen, 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.