Purpose

The UK foreign exchange market is a globally significant foreign exchange market formed through a long historical development process. It is characterized by its enormous trading volume, rich variety of trading products, and numerous market participants, holding a pivotal position in the international financial field. To help investors or practitioners gain a more comprehensive understanding of UK forex brokers, the on-site inspection team traveled to the UK for a field visit.

Process

In this issue, the on-site inspection team visited the foreign exchange broker Vedanta in the United Kingdom as planned. According to public information, its office address is 11 - 15 William Road London London NW1 3ER UNITED KINGDOM.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, traveled to the United Kingdom according to a well-planned schedule to conduct a physical verification of the broker Vedanta claiming to be located at 11 - 15 William Road London London NW1 3ER UNITED KINGDOM.

The inspectors successfully arrived at the target building. The location is on a less bustling street in central London, with an ordinary surrounding environment and average commercial atmosphere. No company signage or related information was found on the exterior of the building.

The inspectors entered the building lobby and stated their purpose to the security guard or staff. After communication, they obtained permission to enter. However, there was no directory listing for the company inside the building, and no company logo was found either inside or outside the building.

As the specific floor and location could not be confirmed, the inspectors were unable to reach a specific floor to verify the company's exact location, and thus could not enter the company's interior. This office is not a shared workspace.

The inspectors inquired with the front desk personnel and learned that the company is indeed registered at this address, but there is no actual office; it is merely a registration with no staff working there. The interior environment of the company could not be observed through the glass doors, and the overall situation remains unclear.

Therefore, after the on-site inspection, it was confirmed that broker Vedanta is registered at the aforementioned address but has no actual physical office.

Conclusion

The on-site inspection team visited the forex broker Vedanta in the UK as planned. At its publicly displayed business address, the team was unable to find any information about the broker's actual office premises. This indicates that while the broker has a registered address, it lacks 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 final basis for selection.