Purpose

The UK foreign exchange market is one of the globally significant forex markets that has gradually formed throughout its historical development, characterized by large trading volume, flexible trading hours, and a multitude of financial institutions. As an international financial center, it occupies a crucial position in global foreign exchange trading. To assist investors or practitioners in gaining a more comprehensive understanding of forex brokers in this region, the on-site inspection team conducted field visits in the UK.

Process

The on-site inspection team visited the forex broker HIBISCUS in the UK as planned. According to publicly available information, its office address is 11th floor 30 Crown Place London EC2A 4AB.

A professional and experienced site inspection team, driven by a sense of mission to rigorously vet for investors, proceeded according to a meticulously planned schedule to the target area in the UK to conduct a physical verification of the broker HIBISCUS claiming to be located at the aforementioned address.

The inspection personnel successfully arrived at the target building, located in a specific area of London, with a relatively bustling surrounding environment and a strong commercial atmosphere. However, no company sign or related information for HIBISCUS was found on the exterior of the building.

The inspection personnel entered the building lobby and explained their purpose to the security guard. After communication, permission to enter was obtained. Inside the building, no directory board or logo for the company was found, and thus the specific location of the company could not be confirmed.

Therefore, it was impossible to reach the specific floor, naturally unable to enter the company's interior, and could not photograph HIBISCUS's reception area. The office area was also not a shared office space.

Through the building's public areas, as entry into the company interior was not possible, the internal environment of the company could not be observed. No information regarding this broker was found, and it was judged to be false.

Therefore, after the site inspection, it was confirmed that the broker HIBISCUS does not exist at the aforementioned address.

Conclusion

The on-site inspection personnel visited the forex broker HIBISCUS in the UK according to the plan. At its publicly displayed business address, they could not see information such as the company name of this broker, indicating that this broker does not have a genuine business premises. Investors should make their choices after comprehensive consideration.

Disclaimer

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