Purpose

The UK foreign exchange market is one of the world's important foreign exchange markets formed over a long historical development. It is characterized by large trading volume, rich variety of trading products, and diversified market participants. It occupies a pivotal position in global foreign exchange trading and is the focus of attention for many investors and practitioners. In order to help investors or practitioners gain a more comprehensive understanding of the foreign exchange brokers in this region, the survey team went to the UK for an on-site visit.

Process

This inspection team traveled to the UK as planned to visit forex broker Hawk Trade, according to public information its office address is 5 Moor Ln, London EC2Y 9BB, United Kingdom.

The professional and experienced site visit team, with a sense of mission to strictly scrutinize for investors, followed a well-planned schedule and went to the target area in the UK. They conducted an on-site verification of the broker Hawk Trade that claimed to be located at the above address.

The site visit personnel arrived at the target building, which is located in a specific area of London, UK. The surrounding environment is relatively bustling with a strong commercial atmosphere. However, no company logo or related information of the broker was found on the exterior of the building.

The site visit personnel entered the lobby of the building and stated their purpose to the security guard. After communication, they obtained permission to enter.

However, the site visit personnel did not find any obvious signage or nameplate of Hawk Trade, and were unable to confirm its specific location, thus could not enter the interior. At the same time, they were unable to take photos of its office area and reception area. The office was not a shared office.

Through the lobby area, the site visit personnel could not observe the internal environment of the company, and found no information about the broker, concluding that it is fake.

Therefore, after the site visit, it was confirmed that the broker Hawk Trade does not exist at the above address.

Conclusion

The survey personnel went to the UK as planned to conduct an on-site visit to the forex dealer Hawk Trade. At its publicly displayed business address, they could not see the dealer's company name or other information, indicating that the dealer does not have a real business premises. Investors are advised to make their choice after comprehensive consideration.

Disclaimer

The above content and views are for reference only and should not be taken as the basis for final decisions.