Purpose

The UK foreign exchange market is a long-established and highly developed global forex market, playing a significant role since the establishment of the modern financial system, with a robust regulatory framework and vibrant trading environment. To help investors or practitioners gain 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 NEW TICK in the UK as scheduled. According to public information, its office address is 11 - 12, Tokenhouse Yard London EC2R 7AS 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 broker claiming to be located at 11 - 12, Tokenhouse Yard London EC2R 7AS UNITED KINGDOMNEW TICK.

The inspection team successfully arrived at the target building, which is located on a less bustling street in the core area with an average commercial atmosphere. No company logos or relevant information were found on the exterior of the building.

The field investigator entered the building lobby and explained their purpose to the staff. They were able to access the company lobby, but upon reaching the building's front desk, the staff did not permit filming. After communication, it was learned that this was the company service center. No signage for the company was found in the building, nor was the company's logo visible.

Due to the inability to determine the specific floor and location of the company, the on-site inspector could not reach the exact floor to confirm the precise position, and naturally, they were unable to enter the company's premises. They could not photograph the reception area or the logo at the front desk, nor was it a shared office space. From the lobby area, since access to the company was denied, the internal office environment could not be observed, making it impossible to confirm whether the company aligns with its claimed positioning.

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

Conclusion

The on-site investigator visited the forex broker NEW TICK 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 location. Investors are advised to make their choices after careful consideration.

Disclaimer

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