Purpose

The UK forex market is one of the globally significant forex markets formed through a long-term development process, characterized by a long history, active trading, and strict regulation. As an international financial center, it occupies a crucial position in global forex trading. To help investors or professionals gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team went to the UK for a field visit.

Process

The on-site inspection team went to the UK as planned to conduct a field visit to the forex broker ELITE PRO. According to publicly available information, its office address is Shelton Street, Covent Garden, London, WC2H 9JQ.

A professional and experienced on-site inspection team, driven by a mission to rigorously vet for investors, proceeded to the target area in the UK according to a well-planned schedule. They conducted an on-site verification of the trader ELITE PRO, which claims to be located at the aforementioned address.

The inspectors arrived at the target area. The surrounding environment of the location had typical London street characteristics, but the commercial atmosphere was average. No signage or any relevant information of the company 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 plate or other information for the company, so the inspectors could not confirm the specific location and enter the interior. Since they could not enter the building, they were unable to photograph the office area and reception area of ELITE PRO. The office area was also not a shared office.

Through the glass door, due to being denied entry, they could not observe the internal office environment and other conditions of the company. No information about this trader was found, and it was judged to be false.

Therefore, after the site inspection, it was confirmed that trader ELITE PRO does not exist at the aforementioned address.

Conclusion

The inspection personnel visited the forex broker ELITE PRO at its publicly displayed business address in the UK as planned, but could not find information such as the company name of the broker, indicating that the broker does not have a genuine business premises. Investors should make their choice after comprehensive consideration.

Disclaimer

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