Purpose

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

Process

This on-site inspection team visited the forex broker Bitspronix in the UK as planned. According to public information, its office address is Ashley House 235-239, High Road Wood Green, London N22 8HF.

A professional and experienced on-site inspection team, driven by the mission to strictly vet for investors, followed a meticulous plan and traveled to the UK. They conducted a field inspection of the broker Bitspronix, which claims to be located at Ashley House 235 - 239, High Road Wood Green, London N22 8HF.

The on-site inspectors arrived at Ashley House, which is located on High Road in Wood Green, London. The surrounding environment is relatively ordinary with a moderate commercial atmosphere. No company sign or related information for Bitspronix was found on the exterior of the building.

The inspectors entered the building lobby and stated their purpose to the security guard. After brief communication, they obtained permission to enter.

Upon reaching the target floor, the inspectors found that the office area of Bitspronix had no obvious signage or security measures. Since no information about the company was found, the inspectors could not enter the interior, nor could they take photos of the reception desk and its logo. Additionally, the office was not a shared office.

Unable to enter the interior, the inspectors could not observe the company's internal environment. After arriving, they confirmed that the address was correct, but found no information about the broker. Upon inquiry, the front desk informed them that the company did not exist, leading to the conclusion that it was fraudulent.

Therefore, after the on-site inspection, it was confirmed that the broker Bitspronix does not exist at the above address.

Conclusion

The surveyors went to the UK as planned to conduct an on-site visit to forex broker Bitspronix. At its publicly displayed business address, they did not see the broker's company name or other information, indicating that the broker does not have a real business premises. Investors are advised to make their decisions after comprehensive consideration.

Disclaimer

The above content and opinions are for reference only and do not serve as the basis for final decisions.