Purpose

The UK foreign exchange market is a long-established and highly developed international forex market that has held a significant position since the formation of the modern financial system. Characterized by its large trading volume, diverse range of trading instruments, and varied market participants, it is one of the core global hubs for foreign exchange trading. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site verification team conducted field visits in the UK.

Process

This time, the on-site inspection team went to the United Kingdom as planned to conduct an on-site visit to the forex broker ALPHAFX hub. According to publicly available information, its office address is Wenlock Road 20 - 22 N1 7GU London, United Kingdom.

A professional and experienced on-site verification team, driven by a sense of mission to strictly vet for investors, proceeded to the United Kingdom according to a well-planned schedule to conduct an on-site verification of the broker ALPHAFX hub, which claims to be located at Wenlock Road 20 - 22 N1 7GU London, United Kingdom.

The verification personnel successfully arrived at the target building, located in central London on a not-so-bustling street. The surrounding environment is relatively quiet, with a moderate commercial atmosphere. No company signage or related information for ALPHAFX hub was found on the exterior of the building. The office building is decently decorated, but it is a shared office space where many financial companies are registered.

The verification personnel entered the building lobby and stated their purpose to the security guard or staff. After communication, they obtained permission to enter.

However, no company directory plate for ALPHAFX hub was found inside the building, nor was its LOGO seen. Due to the lack of specific floor information for the company, the verification personnel could not reach the specific floor and confirm its exact location, and thus could not enter the company's interior.

The reception desk could not provide any information about the company ALPHAFX hub. From the lobby area, as they could not enter the company's interior, they were unable to observe the internal environment and other conditions of the company.

Therefore, after the on-site verification, it was confirmed that the broker ALPHAFX hub does not exist at the aforementioned address.

Conclusion

The on-site inspection team visited the foreign exchange broker ALPHAFX hub in the UK as planned. At its publicly displayed business address, the team was unable to see any information such as the broker's company name, indicating that the broker does not have a genuine business premises. 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.