Purpose

The UK foreign exchange market is one of the globally significant forex markets formed through a long historical development process. It features enormous trading volumes, a rich variety of trading products, and a large number of market participants, playing a pivotal role in international forex trading. 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 proceeded to the United Kingdom as planned to conduct a field visit of the forex broker ThinkMarkets. According to publicly available information, its office address is G07 New Broad Street House, 35 New Broad Street, London City Of London, EC2M 1NH, UNITED KINGDOM.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, follows a meticulous plan to travel to target areas in the UK and conduct on-site verification of the claimed address of the trader ThinkMarkets.

The inspection personnel successfully arrived at the target building, which is located in the core financial district of London, surrounded by a bustling environment and a strong commercial atmosphere. However, no signs or relevant information of the company were found on the exterior of the building.

The surveyor entered the building lobby and explained their purpose to the security personnel. After communication, they were unable to obtain permission to enter.

Since access to the building interior was not possible, it was also impossible to reach the target floor to verify the office area situation of ThinkMarkets. Moreover, this is a shared office space, making it uncertain whether the company is present there. Additionally, no photos of the reception desk or its logo were taken, as this is not the company's exclusive shared office.

Through the glass door, it is impossible to observe the internal environment of the company and other situations due to the inability to enter.

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

Conclusion

The on-site investigator visited the forex broker ThinkMarkets 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 used as the final basis for selection.