Inspection Reason

Recently, investors called the inspection team, expressing their hopes for  the inspection team exposing more Japanese brokers, whose real addresses are inconsistent with ones in their regulatory information. Given that, the investigators went to the Japanese broker Ginga in this series for a closer look.

Company Building

Ginga’s office address in the regulatory information is 2-12-16, Shinkawa, Chūō-ku, Tokyo. The investigators carried out a field survey to this licensed broker.

The investigators found the company building via Google map. The investigators entered the building, where there was a sign board in the ground floor. Having scrutinized the board, the investigators didn’t find the broker’s logo or its related information. For an accurate survey result, they asked the guards in the building, who claimed to know nothing.

Inspection Conclusion

The investigators, based on the result of this field survey, confirmed that Ginga’s real address failing to match with the one in its regulatory information. Though the broker claimed to hold a retail forex license issued by FSA, the license is suspected to be a clone one.