Purpose

The UK foreign exchange market, formed through a long historical development process, is a globally significant forex market characterized by large trading volumes, a diverse range of trading products, and numerous market participants. It holds a pivotal position in international forex trading. 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 FOREX.com in the UK as planned. According to public information, its office address is 1st Floor, Moor House, 120 London Wall, London, EC2Y 5ET.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, meticulously planned and traveled to the UK to conduct an on-site verification of the trader claiming to be located at 1st Floor, Moor House, 120 London Wall, London, EC2Y 5ET FOREX.com.

The inspection personnel successfully arrived at the target building, which is located in London's financial district with a bustling surrounding environment and a strong commercial atmosphere. However, no company signage or related information for FOREX.com was found on the exterior of the building.

The inspector entered the building lobby and explained their purpose to the security personnel, but was not granted permission to enter.

Upon arriving at the target floor, it was discovered that the floor was occupied by a company called Stonex, not FOREX.com. Photography was not allowed in the lobby, so only a few photos could be taken outside. Since no entry permission was obtained, the surveyor could not enter the interior, nor could they photograph the reception area or the logo at the front desk. Additionally, this office was not a shared workspace.

Through public areas, due to distance and restrictions, it is not possible to observe the internal environment of the company and other situations.

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

Conclusion

The field investigator visited the forex broker FOREX.com in the UK as planned. At the publicly displayed business address, no information such as the company name of the broker was found, indicating that the broker does not have a genuine business premises. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

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