Purpose

The UK foreign exchange market is a long-established and highly developed international forex market, holding a significant position since the establishment of the modern financial system. It boasts a mature regulatory framework and a vibrant trading environment. 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 GMO-Z.com in the UK as scheduled. According to public information, its office address is 8 Devonshire Square London EC2M 4PL UNITED KINGDOM.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to the UK to conduct an on-site verification of the broker claiming to be located at 8 Devonshire Square London EC2M 4PL UNITED KINGDOMGMO-Z.com.

The inspector successfully arrived at the corresponding building, which is a WeWork shared office located in a relatively bustling street area of the local community, surrounded by a strong commercial atmosphere. However, no company signage or related information was found on the exterior of the building.

The surveyor entered the building lobby and explained their purpose to the security guard, but failed to obtain entry permission.

Due to the inability to enter the building, we could not reach the target floor to confirm the specific location, nor did we find any obvious signage or security measures for the GMO-Z.com office area. As we did not obtain entry permission, we were unable to access the interior or photograph the reception area and its logo. It is known that this office is a shared workspace.

Through the glass door of the building, the internal environment of the company and other conditions cannot be observed.

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

Conclusion

The inspection team visited the UK as planned to conduct an on-site visit to the forex broker GMO-Z.com. At its 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.