Purpose

The UK forex market is one of the world's important forex markets formed through long-term development, characterized by a long history, active trading, and strict regulation. It occupies a key position in the international financial sector, with numerous forex brokers conducting business here. To help investors or professionals gain a more comprehensive understanding of forex brokers in this region, the team traveled to the UK for on-site visits.

Process

This time the team went to the UK as planned to visit the forex broker BITVESTMENTS on-site. According to publicly available information, its office address is C/O P F K Littlejohn LLP, 15 Westferry Circus, Canary Wharf, London, E14 4HD.

A professional and experienced team, driven by a sense of mission to rigorously vet for investors, followed a carefully planned itinerary and traveled to the target area in the United Kingdom to conduct an on-site verification of the broker BITVESTMENTS that claims to be located at the aforementioned address.

The team successfully arrived at the target building, located in Canary Wharf, London, UK. The surrounding area is bustling with a strong commercial atmosphere. However, no signage or any related information for this broker was found on the exterior of the building.

The inspectors attempted to enter the building lobby and explained their purpose to the security guard. However, the guard informed them that there was no such company and entry permission could not be granted.

Looking into the building, there was no directory or other information for the company. Therefore, the inspectors could not confirm its specific location or gain access to the interior. As entry was impossible, they could not photograph BITVESTMENTS's office area or reception desk. The office area was also not a co-working space.

Through the glass doors, and due to the inability to enter, the inspectors could not observe the internal environment of the company. No information regarding this broker was found, leading to the judgment that it is fictitious.

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

Conclusion

The team went to the UK as planned to conduct a field visit to the forex broker BITVESTMENTS. At its publicly displayed business address, they could not see information such as the broker's company name, indicating that the broker does not have a genuine business premises. Please consider comprehensively before making your choice.

Disclaimer

The above content and views are for reference only and should not be used as the final basis for selection.