Purpose

The UK foreign exchange market is a long-established and highly developed global forex market. Since the development of the modern financial system, it has been renowned for its robust regulatory framework, vibrant trading environment, and extensive international participation. With numerous international financial institutions gathered here, the UK forex market stands as one of the core hubs for global forex trading. To help investors or professionals gain a more comprehensive understanding of forex brokers in this region, an on-site inspection team conducted field visits in the UK.

Process

This issue follows the plan to visit a forex broker CurrencyFair in the UK for an on-site inspection. According to publicly available information, its office address is No. 1 Poultry, London ECR2 8EJ.

A professional and experienced 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 trader CurrencyFair purportedly located at No. 1 Poultry, London ECR2 8EJ.

Arrived smoothly at the building, which is located in a bustling area of London, but the surrounding environment is slightly quiet with an average commercial atmosphere. No company logos or related information were found on the exterior of the building.

Attempted to enter the building but found the entrance closed, with a note posted stating that this was previously a WeWork location which has now moved out. Due to the closed entrance, it was impossible to explain my purpose to security or staff, nor was I able to obtain permission to enter.

Due to the inability to enter the building, it was impossible to reach the target floor to verify the office area situation of CurrencyFair. The reception desk and its logo could not be photographed. Although the address is a shared office space, access to the interior was not possible. Through the closed entrance, no observations could be made regarding the internal environment of the company. Overall, it was impossible to determine whether it aligns with its claimed positioning.

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

Conclusion

As planned, a visit was made to the UK to inspect the foreign exchange broker CurrencyFair on-site. However, no information such as the company name of the broker was found at the publicly displayed business address, indicating that the broker does not have a genuine operational presence. 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 selection.