Purpose

The UK foreign exchange market is one of the globally significant foreign exchange markets formed through a long historical development process. It features characteristics such as enormous trading volume, a rich variety of trading instruments, and diverse market participants, holding a pivotal position in the international foreign exchange trading arena. 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 field visits.

Process

In this issue, the on-site inspection team went to the United Kingdom as planned to conduct an on-site visit to the forex broker Exploreearn. According to publicly available information, its office address is 81 Fenchurch St, London EC3N 2ER, UK.

A professional and experienced on-site inspection team, driven by a sense of mission to strictly vet for investors, traveled to the United Kingdom according to a well-planned schedule to conduct a physical verification of the broker Exploreearn, which claims to be located at 81 Fenchurch St, London EC3N 2ER, UK.

The inspectors successfully arrived at the target building, located in London's financial district, with a bustling surrounding environment and a strong commercial atmosphere. However, no signage or relevant information for the company Exploreearn was found on the exterior of the building.

The inspectors entered the building lobby, explained their purpose to the security guard or staff, and after communication, obtained permission to enter.

However, during the process of reaching the target floor, the inspectors found that there was no directory listing for Exploreearn inside the building. The receptionist informed them that only a few major banks had offices there, and photography of the directory area was not permitted. Since the receptionist indicated they were not familiar with the company, the inspectors were unable to reach the specific floor and confirm its exact location, and naturally, could not enter the company's interior. Furthermore, this office was not a shared workspace.

From the lobby, the inspectors were also unable to observe the company's internal environment or other conditions. The overall situation did not align with its claimed positioning of having a physical office.

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

Conclusion

The on-site inspection team visited the forex broker Exploreearn in the UK as planned. At its publicly displayed business address, no information such as the broker's company name was visible, indicating that the broker does not have a genuine physical business location. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

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