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 consistently been one of the core hubs for global foreign exchange trading, characterized by large trading volumes, a rich variety of trading instruments, and a diverse range of market participants. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site verification team traveled to the UK to conduct physical visits.

Process

This period's on-site inspection team went to the United Kingdom as planned to conduct a field visit to the forex broker SWIFT - TRADEOPTION. According to public information, its office address is 20 - 22 Wenlock Road, London, England, N1 7GU.

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 SWIFT - TRADEOPTION, which claims to be located at 20 - 22 Wenlock Road, London, England, N1 7GU.

The inspectors successfully arrived at the target building. The location is on a not-so-busy street in central London, with a relatively quiet surrounding environment and an average commercial atmosphere. From the exterior, the office building is decently decorated, but no signage or relevant information for the company was found on the outside of the building.

The inspectors entered the building lobby and explained their purpose to the security guard. After brief communication, they obtained permission to enter.

However, no directory board for the company was found inside the building, nor was the company's LOGO visible. Unable to confirm the specific floor and location, the inspectors could not reach the target floor. This office area is a shared workspace, with many financial companies registered here, but the reception desk could not provide any information about SWIFT - TRADEOPTION. The inspectors were also unable to photograph the reception desk or its LOGO.

From the lobby area, as they could not enter the interior, they were unable to observe the company's internal office environment. The overall situation does not match its claimed positioning.

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

Conclusion

The on-site investigator visited the publicly displayed business address of the forex broker SWIFT - TRADEOPTION in the UK as planned. The broker's company name and other information were not found at the address, 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 used as the final basis for selection.