Purpose

The UK foreign exchange market is a long-established and highly developed international forex market. As one of the core hubs for global foreign exchange trading, it possesses a mature financial system and a comprehensive regulatory mechanism. Its trading volume is enormous, and its product variety is rich, holding a pivotal position in the global foreign exchange market. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the team traveled to the UK for on-site visits.

Process

As scheduled, the team traveled to the UK for an on-site visit to the forex broker Forexindextrading.com. Public information indicates its office address is Moor House First Floor, 120 London Wall, London, EC2Y 5ET.

A professional and experienced 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 visit to the broker Forexindextrading.com based on the aforementioned information.

The team proceeded to the target area based on the address information to conduct an on-site verification of the broker Forexindextrading.com, which claimed to be located at Moor House First Floor, 120 London Wall, London, EC2Y 5ET.

The team successfully arrived at the target building, which is a luxury office building located in the central area of London, surrounded by a strong commercial atmosphere, clean and bustling environment. However, no signage or any relevant information about the company was found on the exterior of the building.

After entering the building lobby, the team explained their purpose to the security personnel. Following communication, although permission to enter the lobby was granted, no directory board information regarding Forexindextrading.com was found within the building lobby. Simultaneously, the building had strict access control, and as further entry permission was not obtained, it was impossible to reach the target floor.

Attempts were made to communicate with the reception desk to obtain information about the company, but the receptionist was unwilling to disclose anything, so it could not be confirmed whether the company actually operated there. Due to the inability to reach the target floor, it was also impossible to see if there were clear signs or security measures in Forexindextrading.com's office area, nor could entry be gained, and the office space was not a shared office.

From the lobby area, it was impossible to observe the company's internal environment and other conditions. Overall, it could not be confirmed whether it matched the positioning claimed by the broker.

Therefore, after the on-site inspection, it was confirmed that the broker Forexindextrading.com does not exist at the aforementioned address.

Conclusion

The team visited the forex broker Forexindextrading.com at its publicly displayed business address in the UK as planned, but could not find information such as the broker's company name at that location, indicating that the broker does not have a genuine physical 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 sole basis for final selection.