Survey Reason

Recently, there are many phone calls from investors with the hope of exposing more UK licensed brokers who provide incorrect regulated address. To meet the investors’ strong demand of complaints, the investigation staff will leave for the broker Pepperstone for the details.

Company Building

According to the regulatory information, the address of the UK licensed company, Pepperstone, was 68 Hanbury Street e1 5jl London United Kingdom. 

The investigation staff visited the spot.

According to the regulatory information, the staff came to the Hanbury Street. Many Middle Eastern and Asian and African people passed by with the staff.

The staff went straight along the Hanbury Street from the beginning to the end, and found all there were residents’ house without any office building.

Summary

According to the on-the-site investigation of the staff, it has been proved that the UK office of Pepperstone does not exist. Allegedly, although the broker holds a MM license issued by ASIC and a STP license issued by FCA, it is still suspicious of cloning licenses and beyond operation range.