Purpose

The UK forex 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. As a core region for global forex trading, the UK attracts many forex brokers to operate here. In order to help investors or practitioners gain a more comprehensive understanding of the forex brokers in this region, the inspection team went to the UK for an on-site visit.

Process

The on-site investigation team went to the UK to visit forex broker Ethical FINANCE as planned. According to public information, its office address is 15 Ingestre Place, London, England, W1F 0DU.

A professional and experienced site visit team, with a sense of mission to strictly vet for investors, traveled to the UK according to a well-planned itinerary. They conducted an on-site inspection of the broker, which claims to be located at 15 Ingestre Place, London, England, W1F 0DU, Ethical FINANCE.

The site visit personnel arrived at the target building, which is located in a specific area of London with a bustling surrounding environment and a strong commercial atmosphere. However, no signage or relevant information about the company was found on the exterior of the building.

The site visit personnel entered the lobby of the building and explained their purpose to the security guard. After communication, they obtained permission to enter.

Upon arriving at the target floor, the site visit personnel found no obvious signage for Ethical FINANCE's office area, nor any related security measures. Since no information about the company was found in the building, the site visit personnel could not confirm its specific location and thus could not enter the interior. Additionally, they were unable to take photos of the front desk or its logo, and the office area was not a shared office.

Through the glass door, unable to enter the interior, the site visit personnel could not observe the company's internal environment, decoration style, or employee activities. After arriving, they confirmed the address, but found no information about the broker. They asked the security guard, who told them that the company did not exist. The overall situation did not match its claimed location.

Therefore, after the site visit, it was confirmed that the broker Ethical FINANCE does not exist at the above address.

Conclusion

The due diligence team planned to visit the forex broker Ethical FINANCE in the UK on site. At its publicly displayed business address, the company name or other information of the broker was not seen, indicating that the broker does not have a real business premises. Please make your choice after comprehensive consideration.

Disclaimer

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