Purpose

The UK foreign exchange market is a long-established and highly developed international foreign exchange market that has held a significant position in global foreign exchange trading since the formation of the modern financial system. It features characteristics such as large trading volume, numerous market participants, and a rich variety of trading instruments. 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 Crypto Day Tradings. According to publicly available information, its office address is 2 London Wall Pl, London Wall, Barbican, London EC2Y 5AU, UK.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, proceeded according to a well-planned schedule to the United Kingdom to conduct a physical verification of the broker Crypto Day Tradings, which claims to be located at 2 London Wall Pl, London Wall, Barbican, London EC2Y 5AU, UK.

The inspectors successfully arrived at the target building. The location is in central London, a luxury office complex consisting of two buildings. The surrounding area is bustling with a strong commercial atmosphere. A directory board was photographed in one of the buildings, while the other building had no directory board inside; the reception area only displayed the name of a company, which was the same as the company name outside the building. However, no company signage or relevant information for Crypto Day Tradings was found on the exterior of either building.

The inspectors entered the building lobby and stated their purpose to the security guard or staff. After communication, they were granted permission to enter.

As access to the specific floor was not possible, it could not be confirmed whether Crypto Day Tradings's office area had clear signage or security measures. Since no information about the company was seen within the building, and inquiries at the reception also indicated no knowledge of the company, the inspectors could not enter the company's interior. Furthermore, the office was not a shared workspace.

The inspectors were unable to obtain information regarding the company's internal office environment. The overall situation does not align with its claimed presence at this office address.

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

Conclusion

The on-site inspection team visited the foreign exchange broker Crypto Day Tradings in the UK as planned. At its publicly displayed business address, the team was unable to see any information such as the company name of this broker, indicating that the broker does not have a genuine business premises. Investors are advised to make their choices 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.