Purpose

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 consistently been one of the important global hubs for foreign exchange trading, characterized by large trading volumes, a rich variety of trading products, and a diverse range of 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 to conduct field visits.

Process

The on-site inspection team visited the forex broker CMS in the UK as planned. According to public information, its office address is "3rd Floor 50 Bank Street London E14 5NT UNITED KINGDOM".

A professional and experienced on-site verification team, driven by a sense of mission to strictly vet for investors, proceeded to the target area in the UK according to a well-planned schedule to conduct a physical verification of the broker CMS that claimed to be located at this address.

The verification personnel successfully arrived at the luxurious office building located in London's financial district. The surrounding area has a strong commercial atmosphere and a bustling environment. However, no signage or relevant information for the company CMS was found on the exterior of the building.

The verification personnel entered the building lobby, stated their purpose to the security guard, and obtained permission to enter, but photography was not allowed inside the building. No directory listing for the company CMS was found inside the building, nor was its logo seen.

Due to the lack of any relevant guidance information for the company, the verification personnel were unable to reach a specific floor and confirm its exact location, and consequently could not enter the company's interior, photograph the reception area and its logo. It was also not a shared office.

Through the public areas of the building, the internal office environment of the company could not be observed. Overall, it was impossible to confirm whether the company truly operates here. This situation does not align with the positioning claimed by the broker.

Therefore, after the on-site verification, it is confirmed that the broker CMS does not exist at the aforementioned address.

Conclusion

The on-site inspection team visited the forex broker CMS in the UK as planned. At its publicly displayed business address, no information such as the broker's company name was visible, 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 selection