Purpose

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

Process

This time, the team went to Indonesia as planned to conduct an on-site visit to forex broker Cyhperfxpro. According to publicly available information, its office address is Satrio Tower 16th Floor, Jl. Prof Dr Satrio Kuningan, Jakarta.

A professional and experienced team, driven by a sense of mission to rigorously vet for investors, proceeded according to a meticulous plan to the target area in Indonesia to conduct an on-site verification of the broker Cyhperfxpro claiming to be located at this address.

The team successfully arrived at Satrio Tower, located in the downtown area of Indonesia, surrounded by a bustling environment and a strong commercial atmosphere. However, no signage or related information of the company was found on the exterior of the building.

The team entered the lobby of the building and explained their purpose to the security guard. After communication, they obtained permission to enter. On the directory board inside the building, there was no information about this company.

The site visit team learned that the floor was a shared office space, but due to not having an appointment, the team could not access the corresponding floor, thus could not confirm the specific location, and could not enter the interior or photograph Cyhperfxpro's office area and its reception desk.

Since they could not go upstairs, they also could not observe the company's internal environment, decoration style, and employee activities from the lobby area.

Therefore, after the site visit, it was confirmed that the broker Cyhperfxpro does not exist at the aforementioned address.

Conclusion

The team visited the forex broker Cyhperfxpro in Indonesia as planned. At the publicly displayed business address, they could not find any information such as the broker's company name, indicating that the broker does not have a genuine business premises. Investors should make their choice after comprehensive consideration.

Disclaimer

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