Purpose

The UK foreign exchange market is a historically significant and highly developed international forex market, holding a pivotal position since the establishment of the modern financial system. It is renowned for its massive trading volume, diverse range of currencies, and a wide array of market participants. To assist investors or practitioners in gaining a more comprehensive understanding of forex brokers in this region, an on-site inspection team conducted field visits in the UK.

Process

The on-site inspection team visited the forex broker KMTL in the UK as scheduled. According to public information, its office address is 20 Wood Street, 3rd Floor, London EC2V 7AF, UNITED KINGDOM.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, traveled to the UK according to a well-planned schedule. Based on the aforementioned information, they conducted an on-site visit to the dealer KMTL.

The field investigator proceeded to the target area based on the address information to conduct an on-site verification of the trader claiming to be located at 20 Wood Street, 3rd Floor, London EC2V 7AF, UNITED KINGDOMKMTL.

The inspection personnel successfully arrived at the target building, which is located in a bustling area of London with a strong commercial atmosphere and clean, tidy streets. However, no company signage or related information for KMTL was found on the exterior of the building.

The field investigator entered the building lobby and explained their purpose to the security personnel. After communication, they obtained permission to enter.

However, no nameplate of KMTL was found inside the building, nor was the company's logo visible. Since photography was not allowed inside the building and no relevant signage of the company could be located, the investigators were unable to reach the target floor to confirm the exact location, thus preventing access to the company's interior. Additionally, it was not possible to photograph the reception area or its logo, and the office was not a shared workspace.

Through the lobby area, the on-site inspector could not observe the internal environment of the company. Overall, it is impossible to confirm whether the company is genuinely located here, and the situation does not align with its claimed positioning.

Therefore, after on-site verification, it is confirmed that the broker KMTL does not exist at the above address.

Conclusion

The on-site investigator visited the forex broker KMTL in the UK as planned. The broker's company name and other information were not found at the publicly displayed business address, indicating that the broker does not have a genuine physical office. Investors are advised to make their choices after careful consideration.

Disclaimer

The above content and views are for reference only and should not be considered as the final basis for decision-making.