Purpose

The UK foreign exchange market is one of the world's important foreign exchange markets formed during the long-term financial development process, characterized by a long history, active trading, and strict regulation. As a core hub for global foreign exchange trading, numerous international financial institutions and forex brokers gather here. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the site inspection team visited the UK for an on-site investigation.

Process

This time, the on-site investigation team planned to go to the UK to visit forex broker PROFIT FX. According to public information, its office address is 71 - 75 Shelton Street Covent Garden, London, WC2H 9JQ, United Kingdom.

A professional and experienced site visit team, with a sense of mission to safeguard investors, traveled to the UK according to a meticulous plan. They conducted an on-site verification of the broker PROFIT FX claiming to be located at 71 - 75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom.

The site visit personnel arrived at the target building. The location is in the bustling Covent Garden area of London, with a vibrant surrounding environment and a strong commercial atmosphere. However, outside the building, no company signage or related information of PROFIT FX was found.

The site visit personnel entered the lobby of the building and explained their purpose to the security guard. After a brief communication, they obtained permission to enter.

However, inside the building, no company directory listing for PROFIT FX was found, nor was the company's logo seen. Since the specific floor and location could not be determined, they were unable to reach the target floor to confirm the company's office area. Consequently, they could not enter the company premises, nor take photos of the reception area and its logo. The office is not a shared office either.

Upon arrival, the address was confirmed, but no information about the broker was found. The security guard was asked and said that the company does not exist, so it was judged to be false. Therefore, after the site visit, it was confirmed that broker PROFIT FX does not exist at the above address.

Conclusion

The on-site inspection personnel visited the forex dealer PROFIT FX in the UK as planned, but at its publicly displayed business address, they could not see the company name or other information of the dealer, indicating that the dealer does not have a real business location. Investors are advised to make their choice after comprehensive consideration.

Disclaimer

The above content and opinions are for reference only and do not constitute the basis for final selection.