Purpose

The UK forex market is one of the globally significant forex markets formed through historical development, characterized by large trading volumes, flexible trading hours, and numerous market participants. As an international financial center, it holds a key position in the forex trading sector. To help investors or professionals gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team traveled to the UK for a physical visit.

Process

This on-site inspection team went to the UK as planned to conduct a field visit to the forex broker OTC Markets. According to public information, its office address is Berkeley Square House, Berkeley Square, London, W1J 6BD.

A professional and experienced on-site verification team, driven by a sense of mission to rigorously vet for investors, proceeded according to a meticulous plan to the target area in the UK. They conducted an on-site verification of the broker OTC Markets, which claims to be located at Berkeley Square House, Berkeley Square, London, W1J 6BD.

The verification personnel successfully arrived at the target building, which was located at Berkeley Square, London, UK. The surrounding area was relatively bustling with a strong commercial atmosphere. However, no company signage or relevant information about OTC Markets was found on the exterior of the building.

The verification personnel entered the building lobby and stated their purpose to the security guard. After communication, they obtained permission to enter. On the internal directory board, there was no information about this company.

Due to the lack of clear signage for OTC Markets's office area, it was impossible to reach the target floor, and thus failed to confirm or assess security measures. Simultaneously, it was not possible to photograph OTC Markets's reception area or logo, and this office space was not a shared office.

Upon arrival, the verification personnel found no information about the company. Upon inquiring with nearby staff, they were informed that no one had heard of this company, casting doubt on its authenticity. The company's internal environment could not be observed through the lobby area either. The overall situation did not match its claimed positioning.

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

Conclusion

The on-site inspectors visited the forex broker OTC Markets in the UK as planned. At its public 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 choice.