Purpose

The UK forex market is one of the globally important foreign exchange markets formed through a long-term development process. It has a long history and a highly developed financial system, with a large trading scale and a wide variety of trading products, occupying a key position in international forex trading. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the survey team went to the UK for an on-site visit.

Process

This on-site inspection team traveled to the UK as planned to physically visit forex broker Sol-Markets. According to public information, its office address is 25 Copthall Ave, London EC2R 7BP, United Kingdom.

A professional and experienced on-site inspection team, with a sense of mission to strictly vet for investors, followed a meticulous plan to travel to the target area in the UK to conduct an on-site verification of the broker Sol-Markets claiming to be located at the above address.

The on-site inspection personnel successfully arrived at the target building, which is located in a bustling area of London with a clean surrounding environment and a strong commercial atmosphere. However, no sign or relevant information of the company was found outside the building.

The on-site inspection personnel entered the building lobby and stated their purpose to the security guard. After communication, they obtained permission to enter. Inside the lobby, no directory board for this company was found.

The on-site inspection personnel found no clear signage for the office area of Sol-Markets, so they were unable to enter the interior, could not photograph its front desk and logo, and it was not a shared office.

Through the lobby area, the internal environment, decoration style, employee activities, etc., could not be observed. No information about the broker was found, and the overall situation did not match its claimed positioning.

Therefore, after the on-site inspection, it was confirmed that the broker Sol-Markets does not exist at the above address.

Conclusion

The survey personnel went to the UK as planned to conduct an on-site visit to forex broker Sol-Markets. At its publicly displayed business address, they could not see the broker's company name or other information, indicating that the broker does not have a real business premises. Investors are advised to consider all factors before making a decision.

Disclaimer

The above content and views are for reference only and are not the basis for the final decision.