Purpose

The UK foreign exchange market is one of the globally significant forex markets formed through long-term historical development. It is characterized by large trading volumes, flexible trading hours, and numerous financial institutions, holding a pivotal position in the international financial sector. 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 SGP in the United Kingdom as planned. According to public information, its office address is No. 1 Royal exchange, London, EC3V 3DG, United Kingdom.

A professional and experienced physical verification team, driven by a sense of mission to rigorously vet for investors, meticulously planned and traveled to the United Kingdom to conduct an on-site verification of the broker SGP claiming to be located at No. 1 Royal exchange, London, EC3V 3DG, United Kingdom.

The on-site investigator successfully arrived at the Royal Exchange in London. The location is situated in a bustling area of London, with clean surroundings and a strong commercial atmosphere. However, no company signage or relevant information was found on the exterior of the building.

The investigator entered the building lobby and stated their purpose to the security personnel. After brief communication, permission to enter was granted.

However, upon arriving at the building, no directory information for the company was found inside. As it was impossible to confirm the specific floor and location of the company, the field investigator could not proceed to the exact floor to confirm the precise location, nor could they enter the company's premises. It was not possible to photograph the reception area and its logo, and the office was not a shared workspace.

Even through public areas, it is impossible to observe the company's internal situation, making it overall impossible to confirm whether its internal environment aligns with its claimed positioning.

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

Conclusion

The on-site investigator visited the forex broker SGP in the UK as planned. At the publicly displayed business address, no information such as the broker's company name could be seen, indicating that the broker does not have a genuine physical business location. 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.