Reason for On-site Inspection

The UK foreign exchange market is a long-established and highly developed international forex market. Since the development of the modern financial system, it has been one of the core hubs for global foreign exchange trading, characterized by large trading volume, a rich variety of trading products, and diverse 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 physical visit.

Inspection Process

In this round, the on-site inspection team proceeded as planned to the UK to conduct a physical visit to the forex broker Sky Alliance Markets. According to publicly available information, its office address is 8 Frederick's Place, Old Jewry, London EC2R 8JQ.

The professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, followed a meticulous plan and traveled to the target area in the UK to conduct a physical verification of the broker Sky Alliance Markets, which claims to be located at 8 Frederick's Place, Old Jewry, London EC2R 8JQ.

The inspectors successfully arrived at the target building, located in the heart of the City of London, surrounded by a bustling environment and a strong commercial atmosphere. However, no signage or relevant information for the company was found on the exterior of the building.

Upon reaching the building, the inspectors attempted to enter the lobby, explained their purpose to the security guard, but were not granted permission to enter. Looking into the building, there was no directory listing for the company.

They then inquired with personnel in the building, who said they had never heard of this company. As the specific floor and location could not be confirmed, the inspectors were unable to reach the target floor, could not enter the company's interior, and the office was not a shared workspace.

From the lobby area, as they could not enter the company's interior, they were unable to observe the internal environment and other conditions of the company.

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

Inspection Summary

The on-site inspection team proceeded as planned to the UK to conduct a physical visit to forex broker Sky Alliance Markets. At its publicly displayed business address, no information such as the broker's company name could be seen, indicating that the broker does not have a genuine business premises. Investors are advised to make their choices after comprehensive consideration.

Inspection Disclaimer

The above content and views are for reference only and should not be used as the sole basis for final decision-making.