Purpose

The UK foreign exchange market is one of the world's important forex markets formed during a long development process, with a long history and mature market system. Its trading scale is huge, its trading varieties are rich, and it occupies a pivotal position in international forex trading. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the fact-finding team visited the UK for an on-site inspection.

Process

The on-site inspection team traveled to the UK as planned to physically visit the forex broker TRADE FX NATION. According to public information, its office address is Wenlock Road 20-22, N1 7GU London, United Kingdom.

A professional and experienced team, with a sense of mission to strictly vet for investors, followed a meticulous plan and went to the target area in the UK. They conducted an on-site verification of the brokerTRADE FX NATION, which claims to be located at the aforementioned address.

The surveyors arrived smoothly at the target address. No signs related to the broker were found in the surrounding environment, and the business atmosphere was average. No company signage or relevant information was found on the exterior of the building.

The surveyors attempted to enter the building lobby and stated their purpose to the security guard. However, the security guard informed them that the company did not exist and that they could not obtain entry permission.

Observing the interior of the building, there was no directory information for the company, so the surveyors could not confirm the specific location or enter the premises. Since they could not enter the building, they could not take photos of the broker's office area or reception area. The office area was also not a shared office.

Through the entrance, no internal office environment of the company could be observed, and no information about the broker was found. It was judged to be false.

Therefore, after the on-site visit, it was confirmed that the brokerTRADE FX NATION does not exist at the aforementioned address.

Conclusion

The verification team went to the UK as planned to conduct an on-site inspection of the forex broker TRADE FX NATION. They could not see the company name or other information at its publicly displayed business address, indicating that the broker does not have a real business premise. Investors should make their decisions after comprehensive consideration.

Disclaimer

The above content and views are for reference only and do not constitute a final basis for selection.