Purpose

The UK foreign exchange market is one of the globally important forex markets formed over a long period of development, characterized by a long history, active trading, and strict regulation. It occupies an important position in the international financial field, with many forex brokers conducting business here. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team went to the UK for a field visit.

Process

This time, the on-site verification team traveled to the UK as scheduled to visit forex broker BRITISH FX. According to publicly available information, its office address is Longbow House, 20 Chiswell Street, London, Islington EC1Y 4TW, United Kingdom.

A professional and experienced on-site inspection team, driven by the mission of conducting rigorous checks for investors, traveled to the target area in the UK according to a well-planned schedule to conduct a field verification of the broker BRITISH FX that claimed to be located at the above address.

The on-site inspectors arrived at Longbow House, which is located in the Islington district of London. The surrounding area is bustling with a strong commercial atmosphere. However, no company logo or relevant information of the broker BRITISH FX was found on the exterior of the building.

The inspectors attempted to enter the building but were unable to obtain access permission and could not enter the company lobby. Looking into the building, they also did not find the company's directory board or logo.

Because they could not enter the building, the inspectors were unable to reach the specific floor and confirm the exact location, nor could they enter the company interior or take photos of its front desk. The office is not a shared office. Through the building entrance, they could not observe the internal office environment and could not confirm whether the company exists.

After arriving, the inspectors confirmed that the address is correct, but did not find any information about the broker, and concluded that it is false.

Therefore, after the on-site inspection, it is confirmed that the broker BRITISH FX does not exist at the above address.

Conclusion

The verification team went to the UK as planned to visit forex dealer BRITISH FX on site. They did not see the dealer's company name or other information at its publicly displayed business address, indicating that the dealer does not have a real business premises. Investors are advised to make their decision after comprehensive consideration.

Disclaimer

The above content and views are for reference only and do not serve as the basis for final decisions.