Purpose

The Egyptian foreign exchange market is an emerging forex market that has developed in recent years. With the gradual opening of Egypt's economy and the continuous development of its financial markets, the importance of foreign exchange trading in the country has become increasingly prominent. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, an on-site inspection team visited Egypt for field research.

Process

As scheduled, the on-site inspection team visited the foreign exchange broker ARZAN in Egypt. According to public information, its office address is 13 Ahmed Orabi Street, Mohandessin.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to Egypt to conduct an on-site verification of the trader ARZAN reportedly located at 13 Ahmed Orabi Street, Mohandessin.

The field investigator successfully arrived at the target building. The surrounding street environment is relatively ordinary, with a mediocre commercial atmosphere. No signage or relevant information of the company was found on the exterior of the building.

The surveyor entered the building lobby and, after stating their purpose to the security guard, obtained permission to enter. However, no signage or company logo for  was found inside the building.

Due to the inability to determine the specific floor and location, the field investigator was unable to reach the designated floor to confirm the company's office area. Upon inquiring with the lobby reception, they were informed that there was no such company as ARZAN in the building. Therefore, the investigator could not enter the company's premises, nor was it a shared office space, making it impossible to photograph the reception area or the company's logo at the front desk.

Through the lobby area, as it is not possible to enter the company's interior, the internal environment and other conditions of the company cannot be observed.

Therefore, after on-site verification, it is confirmed that the broker ARZAN does not exist at the above address.

Conclusion

The inspection team visited the foreign exchange broker ARZAN in Egypt as planned. At the publicly displayed business address, no information such as the company name of the broker could be found, 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 views are for reference only and should not be used as the sole basis for final decisions.