Reasons for Field Survey

The Russian foreign exchange market is one of the most important financial markets in Eastern Europe. Leveraging its abundant energy resources and growing economy, the Russian forex trading business has gradually flourished, attracting numerous international and local traders. To help investors gain a deeper understanding of the actual operations of forex traders in the region, a field research team conducted an on-site visit to Russia.

Field Survey Process

This issue's field research team traveled to Russia as planned to conduct an on-site visit to the forex broker XPO. Publicly available information lists its office address as Dmitrovskoe sh., 100, S2 Moscow, Russia, 127247.

Dedicated to ensuring stringent investor safety, the professional and experienced field research team traveled to Russia according to a carefully planned visit. Based on the aforementioned information, they conducted an on-site visit to XPO.

Based on the address information, the field research team traveled to the relevant area in Moscow and conducted an on-site verification of XPO, which claimed to be located at Dmitrovskoe sh., 100, S2 Moscow, Russia, 127247.

After arriving at the area indicated by the address, the field research team conducted a thorough search of the surrounding area and found no signs or information related to XPO. The building exterior and surrounding environment in the area exhibited certain commercial office characteristics. The field research team successfully captured a panoramic view of the building, but no trace of the brokerage was found.

Due to building regulations, the inspection team was unable to enter the company lobby and could only observe the exterior and surrounding areas. Inside the building, no signage bearing XPO's name was found, nor was the dealer's logo visible either inside or outside.

Unable to reach the specific floor or confirm the exact location, the inspection team was unable to enter the dealer's premises. To further verify the situation, the inspection team questioned the on-site security, who confirmed that there was no XPO company at the address. On-site observations revealed that the location was not a shared office, and there was no XPO reception desk or logo visible for photography, let alone the company's internal office environment. Based on the on-site situation, the address did not match the one listed on the inspection form, and no XPO office space existed.

Therefore, the inspection confirmed that the dealer XPO did not exist at the aforementioned address.

Field Survey Summary

The surveyors visited the XPO as planned. They could not find the broker's company name and other information at its publicly displayed business place, indicating that the broker does not have a real business location. Investors are advised to consider this information comprehensively before making decisions.

Field Survey Disclaimer

The above content and opinions are for reference only and should not serve as a basis for any final decision.