Purpose

The UK foreign exchange market is a historically significant and highly developed international forex market, which has held an important position since the establishment of the modern financial system and is one of the core hubs for global foreign exchange trading. It is characterized by large trading volumes, a rich variety of trading products, and a diverse range of market participants. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team conducted field visits in the United Kingdom.

Process

This visit, as planned, went to the United Kingdom to conduct an on-site inspection of the forex broker Investmentco. According to publicly available information, its office address is Wenlock Road 20 - 22 N1 7GU London United Kingdom.

A professional and experienced team, driven by a sense of mission to strictly vet for investors, proceeded according to a well-planned schedule to the target area in the UK to conduct on-site verification of the trader investmentco, which claimed to be located at the aforementioned address.

Successfully arrived at the target building, located in a specific area of London with a relatively bustling surrounding environment and strong commercial atmosphere. However, no signs or related information of the company were found on the exterior of the building.

The verification personnel attempted to enter the building lobby and explained their purpose to the security guard. However, the security guard informed them that there was no such company and entry permission could not be granted.

Observing inside the building, there was no directory board or other information about the company, so the verification personnel could not confirm the specific location or enter the interior. Due to the inability to enter the building, they could not photograph investmentco's office area and reception desk, and the office area was also not a shared office space.

Looking through the entrance, due to the inability to enter, they could not observe the company's internal environment and found no information about this trader, leading to the judgment that it was fraudulent.

Therefore, after on-site verification, it was confirmed that trader investmentco does not exist at the aforementioned address.

Conclusion

According to the plan, a visit was made to the forex broker investmentco at its publicly displayed business address in the UK. The broker's company name and other information could not be seen at that address, indicating that the broker does not have a genuine physical business premises. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

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