Purpose

The UK foreign exchange market is a long-established and highly developed international forex market that has held a significant position since the establishment of the modern financial system. It features characteristics such as large trading volume, a rich variety of trading products, and diverse market participants, making it one of the core hubs of global foreign exchange trading. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team conducted field visits in the UK.

Process

In this issue, the on-site inspection team visited the forex broker FX Connect in the UK as planned. According to public information, its office address is 20 Churchill Place, Canary Wharf, London E14 5HJ, England.

A professional and experienced on-site verification team, driven by a sense of mission to strictly vet for investors, followed a meticulous plan and traveled to the United Kingdom to conduct a physical verification of the broker FX Connect, which claims to be located at 20 Churchill Place Canary Wharf London E14 5HJ England.

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

The verification personnel entered the building lobby and stated their purpose to the security guard. After communication, they obtained permission to enter.

However, upon observing the directory board inside the office building, the verification personnel did not see any information for the FX Connect company. As they could not confirm the specific location of the company, the verification personnel could not proceed to a specific floor to confirm its office area, nor could they enter the company's interior. Furthermore, this office was not a shared office space.

The company's interior environment was also not observable through the glass doors. Overall, it was impossible to confirm whether the company actually exists, which does not align with its claimed location.

Therefore, after the on-site verification, it was confirmed that broker FX Connect does not exist at the aforementioned address.

Conclusion

The on-site inspector visited the forex broker FX Connect 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 business premises. Investors are advised to make their choice after comprehensive consideration.

Disclaimer

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