Purpose

The UK foreign exchange market is a globally important international forex market formed through long-term historical development. It is characterized by large trading volumes, diverse trading currency pairs, and flexible trading hours, making it one of the core hubs of global forex trading. 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 field visit.

Process

The on-site inspection team planned to visit the foreign exchange broker EXPRESS TRADE in the UK as scheduled. According to public information, its office address is 24 Rivington Street EC2A 3DU London ???????? United Kingdom.

A professional and experienced on-site inspection team, with a sense of mission to strictly vet for investors, followed a thorough plan to go to the target area in the UK. They conducted a field verification of the broker EXPRESS TRADE, which claims to be located at the above address.

The on-site inspectors arrived at the target address smoothly. The location is on a specific street in London, with a relatively ordinary surrounding environment, some commercial shops, and a general business atmosphere. However, no company signage or related information of the broker was found outside the building.

The inspectors attempted to enter the building but were unable to obtain entry permission and could not enter the company lobby. Looking inside the building, no company directory or logo was found.

Unable to enter the building, the inspectors could not reach the specific floor or confirm the exact location, nor could they enter the company premises or photograph its reception area. The office is not a shared office. Through the building entrance, the internal office environment could not be observed, making it impossible to confirm whether the company exists.

Upon arrival, the inspectors confirmed that it was the address, but found no information about the broker. They only saw a closed ordinary shop. The overall situation was completely inconsistent with the broker's claimed location, leading them to conclude it was false.

Therefore, after the on-site inspection, it was confirmed that the broker EXPRESS TRADE does not exist at the above address.

Conclusion

The surveyor went to the UK as planned to visit the forex broker EXPRESS TRADE. At the business address publicly displayed, the company name and other information of the broker could not be seen, indicating that the broker does not have a genuine place of business. 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 basis for final decisions.