Purpose

The Egyptian foreign exchange market is an emerging forex market that has developed in recent years. With the gradual opening of Egypt's economy and the continuous development of its financial markets, the importance of foreign exchange trading in the country has become increasingly prominent. To help investors or practitioners gain a more comprehensive understanding of forex brokers in Egypt, an on-site inspection team conducted field visits in the country.

Process

The on-site inspection team visited the forex broker VANTAGE in Egypt as planned. According to public information, its office address is St. No. 28; Building No. 170; fourth floor, flat No. 9; Fifth District Building, Fifth Settlement, New Cairo.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to Egypt to conduct an on-site verification of the trader VANTAGE reportedly located at St. No. 28; Building No. 170; fourth floor, flat No. 9; Fifth District Building, Fifth Settlement, New Cairo.

The inspection personnel successfully arrived at the target building, which is located in the Fifth District of New Cairo, Egypt. The surrounding environment is average, with a mediocre commercial atmosphere. No company logos or related information were found on the exterior of the building.

The on-site inspector entered the building lobby and explained their purpose to the security personnel. After communication, they obtained permission to enter. Upon inquiring at the front desk, the staff confirmed the existence of the company.

Upon arriving at the target floor (4th floor), the field investigator found that the office area of VANTAGE had clear signage. After entering the building, the internal logo was visible. Due to prior communication, the investigator was able to access the interior and photograph the reception desk along with its logo. This office is not a shared workspace.

Through the reception area, the inspector observed that the company's internal office environment was average, with the overall setting aligning with its claimed positioning. There was approximately 1 room and around 5 workstations, confirming the company's actual existence.

Therefore, after on-site verification, it is confirmed that the broker VANTAGE exists at the above address.

Conclusion

The inspection team visited the forex broker VANTAGE at its publicly displayed business address in Egypt as planned. The broker's company name and other information were visible at the location, indicating the existence of 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 considered as the final basis for selection.