Purpose

The UK foreign exchange market is a long-established and highly developed international foreign exchange market. Since modern times, it has become one of the core hubs of global foreign exchange trading, leveraging its unique geographical location and financial foundation. 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 an on-site visit to the forex broker Apex Forex. According to publicly available information, its office address is 125 London Wall, London, EC2Y 5AS, United Kingdom.

A professional and experienced on-site verification team, driven by a sense of mission to rigorously vet for investors, traveled to the United Kingdom according to a well-planned schedule to conduct an on-site verification of the broker Apex Forex, which claims to be located at 125 London Wall, London, EC2Y 5AS, United Kingdom.

The verification personnel successfully arrived at the target building. The location is in a bustling area of London, with a clean surrounding environment and a strong commercial atmosphere. However, no company signage or relevant information 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, it was learned that access permission could not be obtained.

The verification personnel inquired at the front desk and learned that the company previously existed and was located on the 6th floor, but had recently moved to an office not far from here, although the front desk staff forgot the specific address. As the company had moved, the verification personnel could not reach the target floor to confirm the specific location, nor could they find the office area of Apex Forex, let alone enter the interior. Furthermore, the office was not a shared workspace.

From the lobby area, the verification personnel could not observe the company's internal environment. The overall situation did not align with its claimed status of still operating from this location.

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

Conclusion

The on-site inspector visited the forex broker Apex Forex in the UK as planned. At its publicly displayed business address, information such as the broker's company name could not be seen, 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.