Purpose

The UK foreign exchange market is one of the globally significant forex markets formed through a long historical development process. It features characteristics such as large trading volume, a rich variety of trading products, and numerous market participants, holding a pivotal position in international foreign exchange trading. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team conducted field visits in the UK.

Process

The on-site inspection team visited the forex broker DexTradePoint in the UK as planned. According to public information, its office address is 2 St Saviours Wharf, 23 - 25 Mill Street, SE1 2BE - London.

A professional and experienced on-site verification team, driven by a sense of mission to rigorously vet for investors, proceeded to the United Kingdom according to a meticulous plan to conduct an on-site verification of the trader DexTradePoint, which claims to be located at 2 St Saviours Wharf, 23 - 25 Mill Street, SE1 2BE - London.

The verification personnel successfully arrived at the office building located in the central London area, near the Tower Bridge, although the street itself was not particularly bustling. No company signage or related information for DexTradePoint was found on the exterior of the building.

The verification personnel entered the building lobby and, after stating their purpose to the security guard or staff, obtained permission to enter.

However, upon arriving at the building, it was discovered that the office building had no directory board, making it impossible to confirm whether DexTradePoint was located within the building. Another door indicated it was a company called ppl. As it was impossible to confirm the specific floor and location, the verification personnel could not proceed to a specific floor to confirm the company's exact location, nor could they enter the company's interior. The office was also not a shared workspace.

Since access to the company's interior was not possible, the internal office environment could not be observed. The overall situation did not align with its claimed positioning of having a genuine physical office.

Therefore, after the on-site verification, it was confirmed that the trader DexTradePoint does not exist at the aforementioned address.

Conclusion

The on-site inspection team visited the forex broker DexTradePoint 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 have 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.