Purpose

The UK foreign exchange market is a long-established and highly developed global foreign exchange market, and has been one of the core hubs of global foreign exchange trading since the development of the modern financial system. It is characterized by large trading volume, a wide variety of trading products, and diversified market participants. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team traveled to the UK for a field visit.

Process

In this issue, the on-site inspection team went to the United Kingdom as planned to conduct an on-site visit to the forex broker Sand Grove Capital. According to public information, its office address is 1 Great Cumberland Place London W1H 7AL UNITED KINGDOM.

A professional and experienced on-site verification team, driven by a sense of mission to strictly vet for investors, traveled to the United Kingdom according to a well-planned schedule to conduct a physical verification of the broker Sand Grove Capital, which claims to be located at 1 Great Cumberland Place London W1H 7AL UNITED KINGDOM.

The verification personnel successfully arrived at the target building. The location is in a bustling area in central London, with a vibrant surrounding environment and a strong commercial atmosphere. However, no signage or relevant information of the company was found on the exterior of the building.

The verification personnel approached the building and attempted to enter the lobby but were unable to gain access. After stating their purpose to the security guard, the request to enter was denied.

Due to the inability to enter the building, it was also impossible to reach the target floor to confirm the status of Sand Grove Capital's office area. It could not be determined whether its office area had clear signage or security measures, nor could they enter the interior, let alone photograph the reception desk and its LOGO. Furthermore, this office space was not a shared office.

Looking through the building entrance, it was impossible to observe the company's internal environment and other conditions. Overall, it could not be confirmed whether the company truly exists at the aforementioned address.

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

Conclusion

The on-site investigator visited the forex broker Sand Grove Capital in the UK as planned. At the publicly displayed business address, no information such as the broker's company name could be found, indicating that the broker does not have a genuine physical business location. 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.