Purpose

The UK foreign exchange market is a long-established and highly developed international forex market, playing a crucial role in global forex trading. It is characterized by large trading volumes, a diverse range of trading products, and a wide variety of market participants. 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 forex broker VertoFX in the UK as planned. According to public information, its office address is 1 Fore Street Avenue, London EC2Y 9DT, UNITED KINGDOM.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, meticulously planned and traveled to the UK to conduct on-site verification of the target address's trader VertoFX.

The inspection personnel successfully arrived at the target building, which is located in the city center and is a very luxurious office tower. The surrounding area is bustling with a strong commercial atmosphere. However, no company logo or related information of VertoFX was found on the exterior of the building.

The inspector entered the building lobby and explained their purpose to the security personnel but was not granted access. Upon further inquiry, it was discovered that the corresponding address was a WeWork shared office space.

Due to the inability to enter the building, the field survey personnel could not reach the target floor to confirm the specific location, nor did they find any obvious signage or security measures for VertoFX's office area. Additionally, they were unable to photograph the reception desk or its logo, and the office was not exclusively used by VertoFX, meaning there was no so-called internal office environment to observe.

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

Conclusion

The on-site inspection team visited the forex broker VertoFX in the UK as planned, but found no information such as the company name at the publicly displayed business address, indicating that the broker does not have a genuine operational 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.