Purpose

The UK foreign exchange market is a globally significant forex market that has developed in modern times, with a long history and active trading, serving as one of the core hubs for global foreign exchange transactions. 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.

Process

In this issue, the on-site inspection team went as planned to the United Kingdom to conduct an on-site visit to the forex broker Fundedmarket. According to public information, its office address is 1 St Katharine's Way, London E1W 1UN, United Kingdom.

A professional and experienced on-site inspection team, driven by a sense of mission to strictly vet for investors, traveled to the United Kingdom according to a well-planned schedule to conduct a physical verification of the broker Fundedmarket claiming to be located at 1 St Katharine's Way, London E1W 1UN, United Kingdom.

The inspectors successfully arrived at the target building, which is located under the Tower Bridge in the most central area of London. The surrounding environment is bustling with a strong commercial atmosphere. No signage or related information of the company was found on the exterior of the building.

The inspectors entered the building lobby, stated their purpose to the security guard, and after brief communication, obtained permission to enter.

After entering the building, a directory board was found. However, the directory only showed information for WeWork shared offices, and no information for the company Fundedmarket was found.

As it was impossible to confirm the specific floor and location of the company, the inspectors could not reach the specific floor and confirm its exact location, could not enter the company's interior, and were unable to photograph the reception desk. The office is a shared office space.

From the lobby area, since entry into the company's interior was not possible, the internal environment of the company could not be observed, and thus it was impossible to judge whether the overall environment matches its claimed positioning.

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

Conclusion

The on-site inspection team visited the forex broker Fundedmarket in the UK as planned. At its publicly displayed business address, they were unable to see any information such as the broker's company name, 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.