Purpose

The Dutch forex market is a mature foreign exchange market that has developed in modern times, characterized by a high degree of internationalization and liberalization, and occupies an important position in foreign exchange trading in Europe and even globally. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team traveled to the Netherlands for an in-person visit.

Process

In this issue, the on-site inspection team visited the forex broker IBS Markets in the Netherlands as planned. According to public information, its office address is JOAN MUYSKENHEG 4 1096 CJ AMSTERDAM.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, traveled to the Netherlands according to a meticulous plan to conduct a physical verification of the broker IBS Markets claiming to be located at JOAN MUYSKENHEG 4 1096 CJ AMSTERDAM.

The inspectors successfully arrived at the target building. Surprisingly, the building was an apartment complex, not an office building. This apartment building is located in a local residential area, with the surrounding environment primarily characterized by a residential living atmosphere, and a very weak commercial presence. No signage or any relevant information of the company was found on the exterior of the building.

Upon approaching the building, the inspectors found that this apartment complex had strict access control. The inspectors attempted to communicate with any potential personnel inside the building but failed to obtain entry permission and were unable to enter the building's interior.

Due to the inability to enter the building, it was impossible to reach the target floor to confirm the office area situation of IBS Markets, let alone find out if there were clear signage or security measures. At the same time, they could not photograph a reception area, and the premises were not a shared office space.

Through the building's access control, the inspectors could not observe the company's internal environment or other conditions. Overall, this building completely does not match the office location positioning claimed by this broker.

Therefore, after the on-site inspection, it was confirmed that broker IBS Markets does not exist at the aforementioned address.

Conclusion

The on-site inspection personnel visited the forex broker IBS Markets in the Netherlands as planned. At its publicly displayed business address, they were unable to see information such as the broker's company name, indicating that the broker does not have a genuine business premises. Investors are advised to make their choice after comprehensive consideration.

Disclaimer

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