Purpose

The UK foreign exchange market is one of the globally significant forex markets formed through a long-term historical development process, characterized by large trading volumes, flexible trading hours, and a multitude of financial institutions. As an international financial hub, it plays a pivotal role in global forex trading. To assist investors or practitioners in gaining 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 Valutrades in the UK as scheduled. According to public information, its office address is 51 Eastcheap, London EC3M 1JP, 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 dealer claiming to be located at 51 Eastcheap London EC3M 1JP UNITED KINGDOM Valutrades.

The inspection personnel successfully arrived at the target building, which is located on a bustling street in the heart of London, surrounded by a strong commercial atmosphere and a lively environment. The building boasts a luxurious and impressive exterior, serving as a WeWork shared office space. However, no company signage or related information for Valutrades was found on the exterior of the building.

The inspector entered the building lobby and explained their purpose to the security personnel, but failed to obtain permission to enter.

Since access to the building is not possible, it is impossible to reach the target floor to verify the office area situation of Valutrades. Neither can the front desk and its logo be photographed, nor can it be determined whether there are any obvious signs or security measures. As internal access is unavailable, and the interior environment of the company cannot be observed through the glass doors, it is also impossible to assess whether the overall environment aligns with its claimed positioning.

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

Conclusion

The on-site investigator visited the forex broker Valutrades in the UK as planned. The broker's company name and other information were not found at the publicly displayed business address, indicating that the broker does not have a genuine operational 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.