Purpose

The UK foreign exchange market is an important international forex market formed through a long historical development process. It features large trading volumes, a rich variety of trading instruments, and diverse market participants, holding a key position in 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 conducted field visits in the UK.

Process

As scheduled, the on-site inspection team visited the forex broker BITBEST TRADE in the United Kingdom. According to publicly available information, its office address is Wenlock Road 20 - 22 N1 7GU London, United Kingdom.

A professional and experienced on-site verification team, driven by a sense of mission to strictly vet for investors, followed a meticulous plan and traveled to the United Kingdom to conduct a physical verification of the broker BITBEST TRADE, which claims to be located at Wenlock Road 20 - 22 N1 7GU London, United Kingdom.

The verification personnel successfully arrived at the target building, located in central London on a not-so-busy street. The surrounding environment is relatively quiet, with a moderate commercial atmosphere. The office building's interior decoration is decent, but no company signage or related information for BITBEST TRADE 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 brief communication, they were granted entry permission.

However, no company directory plate for BITBEST TRADE was found inside the building, nor was the company's LOGO seen. As the specific floor and location could not be confirmed, the verification personnel were unable to reach the target floor and thus could not confirm whether there were clear signs in the company's office area. Furthermore, because they could not enter the company's interior, they were unable to photograph the reception desk. This is a shared office space, and many financial companies are registered here.

The reception desk could not provide any information about the company BITBEST TRADE. Through the lobby area, the verification personnel could not observe the company's internal environment or other conditions.

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

Conclusion

The on-site investigator visited the forex broker BITBEST TRADE in the UK as planned. At the publicly displayed business address, no information such as the broker's company name was found, indicating that the broker does not have a genuine business 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 used as the final basis for selection.