Purpose

The UK foreign exchange market is one of the globally significant forex markets formed through a long historical development process. It features characteristics such as enormous trading volume, a rich variety of trading instruments, and a large number of market participants, holding a pivotal position in global foreign exchange trading. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team traveled to the UK for field visits.

Process

In this issue, the on-site inspection team went to the United Kingdom as planned to conduct a field visit to the forex broker Bitjointfx. According to public information, its office address is 9 Swallow St, Mayfair, London, W1B 4DE, United Kingdom.

A professional and experienced on-site verification team, driven by a sense of mission to rigorously vet for investors, proceeded according to a meticulous plan to the United Kingdom to conduct an on-site verification of the broker Bitjointfx claiming to be located at 9 Swallow St, Mayfair, London, W1B 4DE, United Kingdom.

The verification personnel successfully arrived at the target building, located in the Mayfair district of London, with a bustling surrounding environment and a strong commercial atmosphere. However, upon arrival, it was discovered that the location corresponding to the building's address number was a restaurant, and the adjacent number 7 was the entrance to an office building. No signage or relevant information pertaining to the company was found on the exterior of the building.

The verification personnel approached the building entrance and found that the building had an access control system. Without a relevant appointment with the company, they were unable to obtain entry permission and could not enter the building lobby.

Due to the inability to enter the building, it was impossible to reach the target floor to confirm the status of Bitjointfx's office area or to ascertain if there were any prominent signs. Since internal access was not possible, naturally, a photo of the company's reception desk could not be taken, and this office location was not a shared office space.

Through the building's access control, it was impossible to observe the company's internal environment and other conditions, therefore making it impossible to judge whether the overall environment matched its claimed positioning.

Consequently, after the on-site verification, it was confirmed that broker Bitjointfx does not exist at the aforementioned address.

Conclusion

The on-site inspection team visited the forex broker Bitjointfx in the UK as planned. At its publicly displayed business address, they were unable to see any information such as the broker's company name, indicating that the broker does not have a genuine physical business location. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

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