Purpose

The UK foreign exchange market is a historically significant and highly developed international forex market. Since the development of the modern financial system, it has been renowned worldwide for its mature regulatory framework, diverse trading instruments, and vibrant market atmosphere. To help investors or professionals 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 MultiBank Group in the UK as scheduled. According to public information, their office address is "Meteor Asset Management 24/25 The Shard 32 London Bridge Street London SE1 9SG 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 target area in the UK to conduct an on-site verification of the claimed trader MultiBank Group at the stated address.

The inspection personnel successfully arrived at the target building, which is located at the Shangri-La Hotel next to the train station. The surrounding area is relatively bustling with a strong commercial atmosphere. However, no signage or relevant information about the company was found on the exterior of the building.

The surveyor entered the first floor of the building, where there are two restaurants. Photography is not allowed inside the building. After explaining their purpose to the security guard, the surveyor was not granted permission to enter.

Since neither entry permission was obtained nor the target floor could be reached, it was impossible to confirm whether there were clear signs or security measures in the office area of MultiBank Group. The on-site inspector was unable to enter the interior, nor could they photograph the reception area or its logo. Additionally, this office space is not a shared workspace.

Through the public areas of the building, it is difficult to assess the internal environment of the company due to the inability to observe in depth. Overall, although the building is a very luxurious office tower, it cannot be confirmed whether the company is genuinely located here.

Therefore, after on-site verification, it is confirmed that the broker MultiBank Group does not exist at the above address.

Conclusion

The inspection team visited the forex broker MultiBank Group at its publicly displayed business address in the UK as planned, but found no information such as the company name of the broker, 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.