Purpose

The UK foreign exchange market is a long-established and highly developed international foreign exchange market. Since the development of the modern financial system, it has been one of the core hubs for global foreign exchange trading, characterized by large trading volume, diverse trading products, and a wide range of market participants. 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 Volarecrest in the UK as scheduled. According to public information, its office address is One Carey Lane London, EC2 V8AE, United Kingdom.

A professional and experienced on-site verification 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 an on-site verification of the broker Volarecrest, which claims to be located at One Carey Lane London, EC2 V8AE, United Kingdom.

The verification personnel successfully arrived at the target building. The building is located in the central area of London. The surrounding roads are not particularly bustling, and the overall condition of the office building is good.

The directory board in the lobby can be seen through the external glass of the building, but there is no information related to Volarecrest company on the directory board.

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

However, no directory board for Volarecrest company was found inside the building, nor was the company's LOGO seen. As the specific floor and location could not be confirmed, the verification personnel could not proceed to a specific floor to confirm the company's exact location, and naturally could not enter the company's interior. Also, this office is not a shared office.

From the lobby area, as the reception desk could not provide more information about the company, the verification personnel were unable to learn about the company's internal office environment. The overall situation does not match its claimed positioning.

Therefore, after the on-site verification, it is confirmed that broker Volarecrest does not exist at the aforementioned address.

Conclusion

The on-site inspector visited the forex broker Volarecrest in the UK as planned. At the publicly displayed business address, no information such as the broker's company name was found, 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 sole basis for final selection.