Purpose

The UK foreign exchange market is an internationally significant market that has evolved over a long historical development process, characterized by large trading volumes, a rich variety of trading products, and a diverse range of market participants. As one of the core hubs for global foreign exchange trading, it holds a pivotal position in the international financial sector. To assist investors or practitioners in gaining a more comprehensive understanding of forex brokers in this region, an on-site inspection team conducted field visits in the UK.

Process

The on-site inspection team visited the forex broker LOTUSWEALTHTRADE.COM in the UK as planned. According to public information, its office address is 35/37 Ludgate Hill, London, EC4M 7JN.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet investments, meticulously planned and traveled to the UK to conduct an on-site verification of the trader LOTUSWEALTHTRADE.COM claiming to be located at 35/37 Ludgate Hill, London, EC4M 7JN.

The inspection personnel successfully arrived at the target building, which is located in a bustling area in the heart of London, adjacent to a large cathedral and the London Stock Exchange. The surrounding environment is prosperous with a strong commercial atmosphere. No signage or relevant information of the company was found on the exterior of the building.

The inspector entered the building lobby and explained their purpose to the security personnel. After communication, they obtained permission to enter. However, upon entering the building, although the building directory was visible, no relevant information about the company was found.

Due to the need for an appointment, the on-site inspector was unable to reach the target floor to confirm the specific location, and thus could not enter the company's premises. Additionally, it was not possible to photograph the reception area or its logo, and the office in question is not a shared workspace.

Since access to the company's interior is not possible, it is not feasible to observe the internal office environment and other related conditions.

Therefore, after on-site verification, it has been confirmed that the broker LOTUSWEALTHTRADE.COM does not exist at the aforementioned address.

Conclusion

The on-site inspection team visited the UK as planned to conduct a field visit to the forex broker LOTUSWEALTHTRADE.COM. At the publicly displayed business address, no information such as the company name of the broker 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 considered as the final basis for decision-making.