Purpose

The Greek forex market has developed its own distinctive characteristics over an extended period, occupying a certain position within the European financial system with unique trading rules and market activity levels. To help investors and practitioners gain a more comprehensive understanding of forex brokers in this region, our on-site inspection team conducted field visits in Greece.

Process

The on-site inspection team visited the forex broker Textrade in Greece as planned. According to public information, their office address is Academias Street 38, Athens, 10672, Greece.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to Greece to conduct an on-site verification of the broker Textrade claiming to be located at Academias Street 38, Athens, 10672, Greece.

The inspector successfully arrived at the target address located at 38 Academias Street in Athens, Greece. The surrounding environment is relatively ordinary with average commercial activity. No company signage or related information for Textrade was found on the exterior of the building.

The inspector entered the building lobby but was unable to locate the company's directory information or determine the specific floor where the company was located. After explaining their purpose to the security personnel, they were not granted access permission.

Due to the inability to access the building and reach specific floors, we were unable to observe any clear signage or security measures in Textrade's office area. Since we couldn't enter the building, we couldn't photograph the reception desk or its logo, nor was there any evidence of shared office space. Through the building lobby, we couldn't observe the company's internal environment or other conditions, making it impossible to verify whether it aligns with its claimed positioning.

Therefore, after on-site verification, it has been confirmed that the broker Textrade does not exist at the aforementioned address.

Conclusion

The inspection team visited Greece as planned to conduct an on-site investigation of the forex broker Textrade. 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 premises. 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 final basis for selection.