Purpose

The UK foreign exchange market is an important international forex market formed over a long historical development, characterized by large trading volume, rich variety of trading instruments, and numerous market participants. As one of the core hubs of global forex trading, it holds a pivotal position in the international financial field. In order to help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the team went to the UK for an on-site visit.

Process

This team went to the UK as planned to visit forex broker Fusion-Fx. According to public information, its office address is Wenlock Road 20 - 22 N1 7GU London Unitied Kingdom.

A professional and experienced team, with a sense of mission to strictly scrutinize for investors, went to the UK according to a meticulous plan. They conducted an on-site inspection of the broker Fusion-Fx claimed to be located at Wenlock Road 20 - 22, N1 7GU, London, United Kingdom.

The team arrived smoothly at the target building, located on Wenlock Road in London, UK. The surrounding environment was generally ordinary, with an average commercial atmosphere. No signs or information about the company were found on the exterior of the building.

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

However, no company directory sign or company logo was found inside the building. Unable to determine the specific floor and location, the team could not reach the target floor. Because the specific office area of the company could not be found at all, they could not enter the company interior, nor take photos of the reception desk and its logo; the office space was not a shared office.

It was impossible to observe the interior through the glass doors because no corresponding company area was found. After arriving, it was confirmed that the address was correct, but no information about this broker was found. When asked, the security guard informed that there was no such company, and it was deemed fraudulent.

Therefore, after on-site verification, it was confirmed that broker Fusion-Fx does not exist at the above address.

Conclusion

The team went to the UK as planned to visit the forex broker Fusion-Fx on site, but 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 do not serve as the basis for final decisions.