Purpose

The UK foreign exchange market is a long-established and highly developed international forex market, occupying an important position in global forex trading. It has characteristics such as large trading volume, flexible trading hours, and numerous financial institutions. To help investors or practitioners better understand the forex brokers in this region, the team went to the UK for an on-site visit.

Process

This time, the team went to the UK as planned to visit forex broker Wealthfront-capital in person. According to public information, its office address is 32 Woodstock Grove, Shepherds Bush, W12 8LE.

A professional and experienced team, with a sense of mission to rigorously vet for investors, traveled to the UK according to a well-planned schedule. They conducted an on-site verification of the broker Wealthfront-capital claiming to be located at 32 Woodstock Grove, Shepherds Bush, W12 8LE.

The team arrived smoothly at the area of the target address. The surrounding street environment was relatively ordinary. No sign or any information related to the company was found outside the building.

The team entered the building lobby and explained their purpose to the security guard. After a brief conversation, they did not obtain permission to enter the building.

The site inspectors did not find any company directory sign around the building, nor did they see any LOGO related to Wealthfront-capital. Unable to determine the specific floor and location, the team could not reach the specific floor and confirm the exact location, and naturally could not enter the company interior. They could not photograph the front desk or its LOGO, and the office was not a shared office.

Through the glass door, due to the security guard's obstruction, the team could not observe the internal office environment. After arriving, they confirmed it was the address, but found no information about the broker. Upon inquiry, the security guard told them there was no such company, leading to the conclusion that it was fake.

Therefore, after the site visit, it was confirmed that broker Wealthfront-capital does not exist at the above address.

Conclusion

The team went to the UK as planned to conduct a field visit to the forex broker Wealthfront-capital. At its publicly displayed business address, neither the company name nor other information of the broker could be found, indicating that the broker does not have a genuine business premise. Investors are advised to make their decisions after comprehensive consideration.

Disclaimer

The above content and views are for reference only and do not constitute a final basis for selection.