Purpose

The UK foreign exchange market is a historically significant and highly developed international forex market. Since modern times, it has occupied a central position in global forex trading due to its advantageous geographical location, robust financial system, and mature regulatory framework. 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 UK as planned to investigate the foreign exchange broker ActivTrades. Public information shows its office address as "ActivTrades Plc The Loom, Office 2.5 14 Gowers Walk London Tower Hamlets E1 8PY UNITED KINGDOM".

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet investments for investors, meticulously planned and traveled to the UK to conduct an on-site verification of the dealer ActivTrades claiming to be located at the aforementioned address.

The field investigator successfully arrived at the target building, which is located in a bustling commercial area with a strong business atmosphere. However, no company logo or related information of ActivTrades was found on the exterior of the building.

The on-site inspector entered the building lobby and, after explaining their purpose to the security personnel, obtained permission to enter.

However, upon reaching the target floor, since it was a shared office space with no clear signage indicating the office area of ActivTrades and no relevant security measures to suggest its presence, the on-site inspector could not confirm the specific location of ActivTrades and was unable to enter the premises. Additionally, they were unable to photograph the reception desk or its logo.

The inspector arrived at the building opposite and found that it was also a shared office. The staff did not allow photography, so it was impossible to confirm whether ActivTrades was inside. The overall situation did not match its claimed positioning.

Therefore, after on-site verification, it is confirmed that the dealer ActivTrades does not exist at the above address.

Conclusion

The field investigator visited the forex broker ActivTrades in the UK as planned. At the 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 selection.