Purpose

The UK forex market is a long-established and highly developed international forex market that has held a significant position since the establishment of the modern financial system. It is characterized by large trading volumes, a rich variety of trading instruments, and a diverse range of 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 a field visit.

Process

In this issue, the on-site inspection team went to the United Kingdom as planned to conduct an on-site visit to the forex broker Amg Copy Trade. According to publicly available information, its office address is 100 Pall Mall, St. James’s London SW1Y 5NQ, United Kingdom.

A professional and experienced on-site verification team, driven by a sense of mission to strictly safeguard investors, proceeded to the United Kingdom according to a well-planned schedule to conduct a physical verification of the broker Amg Copy Trade claiming to be located at 100 Pall Mall, St. James’s London SW1Y 5NQ, United Kingdom.

The verification personnel successfully arrived at the target building, which is situated in a prime, luxurious area of central London, surrounded by bustling streets and a strong commercial atmosphere. It is a very well-decorated office building, occupying a prominent position on a busy street.

However, no company signage or relevant information for broker Amg Copy Trade was found on the exterior of the building.

The verification personnel entered the building lobby and stated their purpose to the security guard or staff. After communication, they were granted permission to enter.

Upon entering the building, it was discovered that there was no directory board listing broker Amg Copy Trade.

As the specific floor and location could not be determined, the verification personnel were unable to reach a specific floor to confirm its office area. Furthermore, there was no company logo present either inside or outside the building. Due to the inability to enter the company, they could not photograph the reception desk, and this office space was not a shared office.

From the lobby, the verification personnel could not observe the company's internal environment or other details. The front desk staff informed them that there was no company named Amg Copy Trade here, only the companies listed on the directory board. They also mentioned that many small companies used to be registered here, but they were all moved out several years ago. It's possible these companies are still using this address, but they are definitely not present now.

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

Conclusion

The on-site inspection team visited the forex broker Amg Copy Trade in the UK as planned. 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 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.