Purpose

The UK foreign exchange market is a long-established and highly developed international forex market. Since the formation of the modern financial system, it has been one of the core hubs of global forex trading, characterized by large trading volumes, rich variety of trading products, and diverse 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

This issue's survey team went to the UK as planned to visit the forex broker QuantumFX. According to public information, its office address is 124 City Road, London.

A professional and experienced on-site inspection team, with a sense of mission to strictly vet for investors, went to the UK according to a meticulous plan. They conducted an on-site inspection of the broker QuantumFX claiming to be located at 124 City Road, London.

The inspectors arrived at the area of the target address without issue. The location is in a relatively bustling area of London, with a strong commercial atmosphere, heavy traffic on the streets, and various commercial shops lining the streets. However, no company logo or related information of QuantumFX was found outside the building.

The inspectors entered the lobby of the building and stated their purpose to the security guard. After a brief communication, they were not granted entry.

Around the building, the inspectors carefully searched but did not find a company signboard for QuantumFX. Unable to determine the specific floor and location, the inspectors could not reach the target floor. At the same time, they did not see the company's logo, either inside or outside the building.

Because the specific location of the company was not found, the inspectors could not enter the company's interior, nor could they photograph the front desk and its logo. The office is not a shared office. From the lobby, the inspectors naturally could not observe the company's internal environment. Upon arrival, they confirmed it was the address, but found no information about the broker. Asking the security guard, they were told that the company does not exist, and it was determined to be false.

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

Conclusion

The survey personnel went to the UK as planned to visit the forex broker QuantumFX in person. At its publicly displayed business address, they could not see the company name or other information of the broker, indicating that the broker does not have a real business premise. Investors are advised to consider comprehensively before making a decision.

Disclaimer

The above content and views are for reference only and should not be used as the basis for final decisions.