Purpose

The UK foreign exchange market is a long-established and highly developed international foreign exchange market that occupies an important position in global foreign exchange trading. It is characterized by large trading volume, a rich variety of trading products, and diverse market participants. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team traveled to the UK for field visits.

Process

In this issue, the on-site inspection team went to the United Kingdom as planned to conduct a field visit to the forex broker Repsol Gain. According to public information, its office address is 10 Mission Road, EC2V 3DF London, United Kingdom.

A professional and experienced on-site verification team, driven by a sense of mission to strictly vet for investors, traveled to the United Kingdom according to a well-planned schedule.

The verification personnel proceeded to the target area based on the address information. However, during the on-site verification process, they could not locate the corresponding road, nor could they find the corresponding postal code. They could only reach the approximate area indicated by the first four digits of the postal code.

Within this approximate area, no information about the company was found. There was no company signage or related information discovered on the exterior of the building, no company directory plate was seen inside the building, and the company's logo was not found either.

Since even the specific address could not be accurately located, the verification personnel were unable to enter the building lobby. Consequently, they could not reach the target floor, confirm whether there were clear signs in the company's office area, and there was no possibility of entering the company's premises.

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

Conclusion

As planned, the on-site inspection personnel visited the forex broker Repsol Gain in the UK. At its publicly displayed business address, they were unable to see any information such as the broker's company name, indicating that the broker does not have a genuine physical business location. 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 final basis for selection.