Reason for this visit

Forex market is the worlds largest financial market, with daily trading volume hitting trillions of dollars. The major forex trading centers are London, New York, Tokyo, Singapore, etc., and USD is the most traded currency. In recent years, the emerging forex brokers are attracting more invests and institutions to the market, especially the highly developed, liquid US forex market with a slew of participants. In order to help investors or practitioners gain a more comprehensive understanding of forex brokers in the US, WikiFX survey team is determined to go to the country for on-site visits to local companies.

On-site visit

In this issue, the survey team went to the US to visit forex broker Kaerm IM as planned according to its regulatory address that 1740 Glenarm Pl, Denver, Colorado.

The investigators came to the 1740 Glenarm Pl in Denver of Colorado in the US for an on-site visit to the broker‘s office, and located a parking lot surrounded by various buildings. Without any specific building name or unit number in the address, the survey personnel failed to find the broker. Upon searching the company’s website, it was not available.

Through the on-site investigation, it is confirmed that the broker does not have a physical presence at the location.

Conclusion

The survey team went to Denver in the US to visit forex broker Kaerm IM, but did not find the company at its purported regulatory address. It suggests that the broker does not have a physical business office at the place. Accordingly, investors are advised to make a sensible decision following much deliberation.

Disclaimer

The content is for informational purpose only, and shall not be taken as a final order for making a choice.