Purpose

The UK foreign exchange market is one of the globally important forex markets formed over a long period of development, characterized by a long history, active trading, and strict regulation. It holds a key position in global forex trading, with numerous international financial institutions and investors conducting forex transactions here. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the team traveled to the UK for an on-site visit.

Process

This time, the team went to the UK as planned to visit the forex dealer Bitstockmarket in person. According to public information, its office address is 10 Paternoster Sq., London EC4M 7LS, United Kingdom.

A professional and experienced team, with a mission to strictly vet for investors, followed a thorough plan and went to the target area in the UK to conduct an on-site verification of the broker Bitstockmarket claiming to be located at the above address.

The team successfully arrived at the target building, located in London, UK. The surrounding environment was relatively bustling with a strong commercial atmosphere. However, no company sign or relevant information for Bitstockmarket was found outside the building.

The team attempted to enter the building but was not granted access, so they could not enter the company lobby. Looking into the building, no company nameplate or logo was found.

Since they could not enter the building, the team could not reach the specific floor or confirm the exact location, nor could they enter the company premises or photograph its front desk. The office is not a shared office.

Through the building entrance, the internal office environment could not be observed, the existence of the company could not be confirmed, and no information about this broker was found. It was determined to be false.

Therefore, after the on-site inspection, it was confirmed that broker Bitstockmarket does not exist at the above address.

Conclusion

The team went to the UK for an on-site visit to forex broker Bitstockmarket as planned. At its publicly displayed business address, the broker's company name and other information were not visible, indicating that the broker does not have a genuine business premises. Investors are advised to make their decisions after comprehensive consideration.

Disclaimer

The above content and opinions are for reference only and are not the basis for final decisions.