Purpose

The UK foreign exchange market is one of the globally significant foreign exchange markets formed through a long historical development process. It is characterized by large trading volume, a rich variety of trading products, and numerous market participants, holding a pivotal 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 traveled to the UK for a physical visit.

Process

In this issue, the on-site inspection team went to the United Kingdom as planned to conduct an on-site visit to the forex broker Markets Bank. According to public information, its office address is 30 Churchill Place, London E14 5RE.

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 well-planned schedule to conduct an on-site verification of the broker Markets Bank claiming to be located at 30 Churchill Place, London E14 5RE.

The verification personnel successfully arrived at the target building, which corresponds to a WeWork shared office. This location is situated in a bustling area of London, with a clean surrounding environment and a strong commercial atmosphere. However, no company signage or related information was found on the exterior of the building.

The verification personnel entered the building lobby and explained their purpose to the security guard. After communication, they obtained permission to enter. However, photography was not allowed inside, and within the building, no directory board or information for this company was found.

Since the building is a WeWork shared office, it was impossible to confirm the specific location of the target company. The verification personnel were unable to reach a specific floor to confirm the company's situation, could not enter the company's interior or photograph the reception area, and the office was a shared workspace.

From the lobby area, as they could not enter the company's interior, the verification personnel were unable to observe the internal environment and other conditions of the company.

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

Conclusion

The on-site inspector visited the forex broker Markets Bank in the UK as planned. At its 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 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.