Purpose

The German forex market is a mature foreign exchange market that has developed in modern times, characterized by large trading volumes and strict regulation. It holds a significant position in the European and even global forex markets, with numerous international financial institutions conducting business there. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, an on-site inspection team conducted field visits in Germany.

Process

The on-site inspection team visited the forex broker Nadex CFD in Germany as planned. According to public information, its office address is Reuterweg 16 (Frankfurter Welle) 60323 Frankfurt am Main Deutschland.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, meticulously planned and traveled to Germany to conduct an on-site verification of the broker Nadex CFD, which claims to be located at Reuterweg 16 (Frankfurter Welle) 60323 Frankfurt am Main Deutschland.

The inspection personnel successfully arrived at the area of the address, which is located on a street in Frankfurt, Germany. The surrounding environment appears relatively ordinary overall, with average commercial activity. However, no company signage or relevant information for the broker Nadex CFD was found on the exterior of the building.

The inspector attempted to enter the building lobby, explained their purpose to the security or staff, completed registration and communication procedures, and obtained entry permission.

However, access to the upper floors is not permitted, making it impossible to reach the target floor to verify the office area situation of Nadex CFD. It is neither possible to determine whether their office area has clear signage or security measures, nor to ascertain if it is a shared office space. Additionally, there is no opportunity to photograph the reception desk or the logo at the front desk.

The inspection personnel could only observe in public areas, but found no information about this broker, raising doubts about its authenticity. The overall situation does not match the positioning claimed by this broker.

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

Conclusion

The inspection team visited Germany as planned to conduct an on-site investigation of the forex broker Nadex CFD. At the publicly displayed business address, they were unable to find any information indicating the broker's company name, confirming that this broker does not maintain a genuine operational premises. Investors are advised to carefully consider this information when making their decisions.

Disclaimer

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