Purpose

The UK foreign exchange market is one of the globally important foreign exchange markets formed during a long-term development process, characterized by a long history, active trading, and strict regulation. It occupies a key position in global foreign exchange trading, with numerous international financial institutions and forex brokers conducting business there. In order to help investors or practitioners better understand the forex brokers in this region, the surveying team went to the UK for on-site inspections.

Process

The field investigation team for this issue visited forex broker Alphatrade Option in London, UK as planned. According to public information, its office address is 85 Great Portland Street, Marylebone, London, United Kingdom, W1W 7LT.

A professional and experienced site visit team, with a sense of mission to strictly check for investors, followed a careful plan and went to the UK. They conducted an on-site verification of the broker Alphatrade Option claiming to be located at 85 Great Portland Street, Marylebone, London, United Kingdom, W1W 7LT.

The site visit personnel arrived at the target building smoothly. The location is in the Marylebone area of London, with a relatively bustling surrounding environment and a strong commercial atmosphere. However, no company signage or relevant information of Alphatrade Option was found outside the building.

The site visit personnel entered the building lobby and stated their purpose to the security guard. After communication, they were not granted permission to enter.

No obvious sign was found for Alphatrade Option's office area outside the building. Since no information about the company was found, the site visit personnel could not enter the interior, nor could they take photos of the front desk and its logo, and the office area is not a shared office.

Through the glass door, due to inability to enter, the interior environment of the company could not be observed. Upon arrival, the address was confirmed, but no information about the broker was found. When asked, the security guard said that the company does not exist. The overall situation does not match its claimed location.

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

Conclusion

The on-site investigation team planned to go to the UK to visit forex broker Alphatrade Option in person. They did not see the company name or other information of the broker at the publicly displayed business address, indicating that the broker does not have a real business premises. Investors are advised to make their decisions after comprehensive consideration.

Disclaimer

The above content and views are for reference only and do not serve as the final basis for selection.