Purpose

The UK foreign exchange market is a long-established and highly developed international forex market. Since the establishment of the modern financial system, it has been one of the core hubs of global forex trading, thanks to its unique geographical location, comprehensive financial regulatory system, and rich financial products. In order 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 issue plans to visit the UK to conduct an on-site inspection of the forex broker AVALON Markets. According to public information, its office address is Franklin Building, 124 Goswell Road, London, United Kingdom.

A professional and experienced team, driven by the mission to rigorously vet for investors, traveled to the UK as planned to conduct an on-site verification of the broker AVALON Markets purportedly located at Franklin Building, 124 Goswell Road, London, United Kingdom.

Arrived smoothly at Franklin Building, which is located in a bustling area of London with a strong commercial atmosphere. The streets are busy with traffic, and various financial institutions and commercial shops line the area. However, no company signage or relevant information for AVALON Markets was found on the exterior of the building.

After entering the lobby of the building, we stated our purpose to the security guard but did not obtain permission to enter.

After a careful search outside the building, no company signboard for AVALON Markets was found, nor was any logo of the company visible. Since we could not determine the specific floor and location, we were unable to reach the target floor to confirm the specific office area. The office is not a shared office. We could not observe the internal office environment through the glass door. Inquiring with the security guard, we were told that there is no company named AVALON Markets in the building. Upon arrival, the address was confirmed, but no information about the broker was found. A comprehensive judgment indicates that the broker's address information is false.

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

Conclusion

Following the plan, a field visit to forex broker AVALON Markets in the UK revealed that the broker's company name and other information could not be seen at its publicly displayed business address, indicating that the broker does not have a real place of business. Investors are advised to make a decision after comprehensive consideration.

Disclaimer

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