Purpose

The UK foreign exchange market is a long-established and highly developed international foreign exchange market. Since the development of the modern financial system, it has consistently been one of the important global hubs for foreign exchange trading, possessing mature market mechanisms and enormous trading volumes. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the team traveled to the UK for on-site visits.

Process

This period, the team traveled to the UK as planned to conduct an on-site visit to the forex broker 247FXTOPTIONS. According to publicly available information, its office address is 1 Thomas More Square, London E1W 1YN, United Kingdom.

A professional and experienced team, driven by a sense of mission to rigorously vet for investors, traveled to the United Kingdom according to a well-planned schedule to conduct an on-site verification of the broker 247FXTOPTIONS, which claims to be located at 1 Thomas More Square London E1W 1YN United Kingdom.

The team successfully arrived at the target building, which is situated in a luxurious office district in central London, surrounded by a bustling environment and a strong commercial atmosphere. No company signage or related information was found on the exterior of the building.

The team entered the building lobby and explained their purpose to the security personnel. After communication, they were granted permission to enter.

Although they could enter the building, no information about the company was found on the directory board inside. The original plan was to proceed to the target floor for further confirmation, but due to the inability to pinpoint the company's specific location within the building, they could not reach the specific floor and confirm the exact location.

The 4th floor of the building is a shared office space, and it was impossible to confirm whether the company was genuinely present there. As they could not enter the company, they were unable to photograph a reception area; the office area was a shared workspace.

From the public areas of the building, the internal environment of the company could not be observed, making it impossible to judge overall whether it matched its claimed positioning.

Therefore, after the on-site inspection, it was confirmed that broker 247FXTOPTIONS does not exist at the aforementioned address.

Conclusion

The team visited the forex broker 247FXTOPTIONS at its publicly displayed business address in the UK as planned, but could not see the broker's company name or other information at that location, indicating that the broker does not have a genuine physical business premises. Investors are advised to make their choice after comprehensive consideration.

Disclaimer

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