Purpose

The UK foreign exchange market is one of the globally significant foreign exchange markets formed through a long historical development process. It is characterized by large trading volume, a rich variety of trading instruments, and numerous market participants, holding a pivotal position in international foreign exchange trading. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team traveled to the UK for a field visit.

Process

In this issue, the on-site inspection team visited the forex broker CXM Prime in the United Kingdom as planned. According to public information, its office address is "Office 3043, Level 30 The Leadenhall Building 122 Leadenhall Street London City Of London EC3V 4AB UNITED KINGDOM".

A professional and experienced on-site verification team, driven by a sense of mission to strictly vet for investors, proceeded according to a well-planned schedule to the target area in the United Kingdom to conduct an on-site verification of the broker CXM Prime claiming to be located at this address.

The verification personnel successfully arrived at The Leadenhall Building, located in central London, with a bustling surrounding environment and a strong commercial atmosphere. However, no company signage or related information was found on the exterior of the building.

The verification personnel entered the building lobby and explained their purpose to the security guard. However, due to the very strict access control in the office building, the security guard blocked the elevator, and the verification personnel were unable to obtain entry permission.

Because of the security guard's obstruction, it was impossible to reach the target floor, the 30th floor. Therefore, the verification personnel could not confirm whether the broker CXM Prime's office area had clear signage or security measures, nor could they enter the interior. They were also unable to photograph the reception desk and its logo. The office was not a shared workspace.

From the lobby area, the verification personnel could not observe the company's internal environment and other conditions, and could not confirm whether the company was present there.

Therefore, after the on-site verification, it was confirmed that the broker CXM Prime does not exist at the aforementioned address.

Conclusion

The on-site investigator visited the forex broker CXM Prime in the UK as planned. At the publicly displayed business address, no information such as the broker's company name could be seen, indicating that the broker does not have a genuine business premises. Investors are advised to make their choice after comprehensive consideration.

Disclaimer

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