Purpose

The UK foreign exchange market is a long-established and highly developed international forex market that has held a significant position since the establishment of the modern financial system. It is characterized by large trading volumes, a rich variety of trading products, and a diverse range of market participants, making it one of the core hubs of global foreign exchange trading. 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 a field visit to the forex broker ANGEL MARKETS. According to public information, its office address is 65 Chandos Place, London, WC2N 4HG.

A professional and experienced on-site verification team, driven by a sense of mission to rigorously safeguard investors, proceeded to the United Kingdom according to a meticulous plan to conduct an on-site verification of the broker ANGEL MARKETS claiming to be located at 65 Chandos Place, London, WC2N 4HG.

The verification personnel successfully arrived at the target building, located in the core area of central London, with bustling surrounding roads and decent office building decor. However, no company signage or relevant information for ANGEL MARKETS was found on the exterior of the building.

The verification personnel entered the building lobby and stated their purpose to the security guard or staff. After communication, permission to enter was obtained.

Upon entering the building, the verification personnel found that there was no company directory plate for ANGEL MARKETS inside. Upon inquiry at the reception, the front desk staff indicated they were unaware of this company and also informed that the companies listed on the directory plate for the 2nd and 4th floors no longer existed. As the specific floor of the company could not be determined, the verification personnel could not proceed to the specific floor and confirm the exact location, and thus could not enter the company's interior. Furthermore, this office was not a shared office space.

Through the glass doors, as entry was not possible, the verification personnel were unable to observe the internal environment of the company, among other details.

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

Conclusion

The on-site inspection team visited the forex broker ANGEL MARKETS in the UK as planned. At its publicly displayed business address, they were unable to see information such as the broker's company name, indicating that the broker does not possess a genuine business premises. Investors are advised to make their choice after comprehensive consideration.

Disclaimer

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