Purpose

The UK foreign exchange market is one of the globally important foreign exchange markets formed in the historical development process, characterized by large trading scale, flexible trading hours, and numerous financial institutions. As an international financial center, it occupies a pivotal position in the field of foreign exchange trading. In order to help investors or practitioners gain a more comprehensive understanding of the foreign exchange dealers in this region, the on-site inspection team went to the UK for a field visit.

Process

This issue, as planned, goes to the UK for an on-site visit to forex broker CHAINVANTAGE. According to public information, its office address is First Floor Front, 36 Gerrard Street, London, United Kingdom, W1D 5QA.

A professional and experienced team, with a sense of mission to strictly scrutinize for investors, went to the UK according to a well-planned itinerary. They conducted an on-site inspection of the broker CHAINVANTAGE, which claims to be located at First Floor Front, 36 Gerrard Street, London, United Kingdom, W1D 5QA.

Arrived at the target building smoothly. The location is on Gerrard Street in London, with a relatively bustling surrounding environment and a strong commercial atmosphere. However, no sign or relevant information of the company was found outside the building.

Entered the ground floor of the building and informed the security guard of the purpose. After communication, entry was permitted.

Upon arriving at the target floor, it was found that the office area of CHAINVANTAGE had no obvious sign or security measures. Due to the lack of relevant information about the company, it was impossible to enter the interior, nor to take photos of the reception desk and its logo. Furthermore, the office area was not a shared office.

As entry was not possible, the internal environment, decoration style, and employee activities of the company could not be observed. After arriving, it was confirmed that the address was correct, but no information about the broker was found. Inquiring with the security guard, it was learned that the company did not exist. Therefore, it was determined to be false. Thus, the on-site verification confirmed that broker CHAINVANTAGE does not exist at the above address.

Conclusion

Proceeded as planned to the UK for an on-site visit to the forex broker CHAINVANTAGE. At its publicly displayed business address, the company name or other information of the broker could not be seen, indicating that the broker does not have a real business premise. Investors are advised to make their decision after comprehensive consideration.

Disclaimer

The above content and views are for reference only and do not serve as a basis for final decisions.