Purpose

The UK foreign exchange market is one of the globally significant forex markets formed through a long historical development process. It features large trading volumes, extended trading hours, and a diverse range of market participants. As a core hub for global forex trading, the UK forex market holds a pivotal position in the international financial sector. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, an on-site inspection team conducted field visits in the UK.

Process

The on-site inspection team visited the forex broker GLOBALFOREXTRADE in the UK as planned. According to public information, its office address is Coppergate House 10 Whites Row London E1 7NF UNITED KINGDOM.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to the UK to conduct an on-site verification of the broker GLOBALFOREXTRADE claiming to be located at Coppergate House 10 Whites Row London E1 7NF UNITED KINGDOM.

The field investigator successfully arrived at the target building, which is located in a specific area of London, UK. Due to the absence of the company's office, it was difficult to effectively assess the surrounding street environment. No signage or relevant information related to the company was found on the exterior of the building.

The surveyor entered the building lobby and explained their purpose to the security guard, but was not granted permission to enter.

Since we were unable to enter the building, we could not reach the target floor to confirm whether there were clear signs or security measures in GLOBALFOREXTRADE's office area. This is a shared office space, but we could not verify whether the company actually exists. We were also unable to photograph the reception area or its logo. Due to the inability to access the company's interior, we could not observe the internal office environment. Overall, the situation does not align with the company's claim of having a genuine physical office location.

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

Conclusion

The on-site inspection team visited the UK as planned to conduct a field investigation of the forex broker GLOBALFOREXTRADE. At its publicly displayed business address, no information such as the broker's company name was found, 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 considered as the final basis for decision-making.