Purpose

The UK forex market is one of the globally significant forex markets formed through long-term development, characterized by a long history, active trading, and strict regulation. As a core hub for global forex trading, numerous forex brokers operate here. To help investors or professionals gain a more comprehensive understanding of forex brokers in this region, the on-site verification team conducted field visits in the UK.

Process

This site inspection team went to the UK as planned to conduct an on-site visit to the forex broker Forexdepo. According to public information, its office address is 84 Eccleston Square, London, SW1V 1PX United Kingdom.

A professional and experienced on-site inspection team, driven by a sense of mission to strictly vet for investors, proceeded according to a meticulous plan to the target area in the United Kingdom to conduct a physical verification of the broker Forexdepo which claims to be located at this address.

The inspectors successfully arrived at the target building, located in a specific area of London, UK. The surrounding environment is relatively bustling with a strong commercial atmosphere. However, no company signage or related information for Forexdepo 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 security guard informed them that there was no such company, and permission to enter was not granted.

Consequently, it was not possible to reach the target floor, and thus impossible to confirm the status of Forexdepo's office area. It was also not possible to photograph its reception desk or logo. This area was also not a shared office space.

The inspectors did not find any information regarding this broker. The overall environment did not match its claimed positioning.

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

Conclusion

The on-site investigator went to the United Kingdom as planned to conduct a physical visit of the forex broker Forexdepo. At its publicly displayed business address, no information such as the company name of the broker could be seen, indicating that the broker does not have a genuine business premises. Please consider comprehensively before making your choice.

Disclaimer

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