Purpose

The UK foreign exchange market is a globally important international foreign exchange market formed through long-term historical development. It has a long financial history and a highly mature financial system, occupying a key position in global foreign exchange trading, with a large trading scale, rich trading varieties, and a complete trading mechanism. To help investors or practitioners gain a more comprehensive understanding of UK forex brokers, the survey team conducted an on-site visit to the UK.

Process

This time, the on-site inspection team visited the UK as planned to inspect the forex broker Rarebull. According to public information, its office address is 71 - 75, Shelton Street, Covent Garden, London, WC2H 9JQ, UNITED KINGDOM.

A professional and experienced on-site inspection team, with a mission to strictly vet for investors, traveled to the UK according to a meticulous plan. They conducted a field verification of the broker Rarebull claiming to be located at 71-75, Shelton Street, Covent Garden, London, WC2H 9JQ, UNITED KINGDOM.

The inspectors arrived at the target building, located in the Covent Garden area, with a relatively bustling surrounding environment and a strong commercial atmosphere. However, no company logo or related information of Rarebull was found outside the building.

The inspectors entered the building lobby, explained their purpose to the security guard. After communication, they obtained permission to enter.

However, upon reaching the target floor, no obvious signage or security measures were found for the office area of Rarebull. Since there were no signs of the company's existence, the inspectors could not confirm its specific location and thus were unable to enter the interior. Moreover, they could not take photos of the front desk or its logo, and it was not a shared office.

After arriving, the inspectors confirmed the address, but found no information about the broker. After asking the security guard, they were told that the company did not exist. The overall situation did not match its claimed location, and they determined that the broker's address information was false.

Therefore, after the inspection, it was confirmed that broker Rarebull does not exist at the above address.

Conclusion

The inspection team went to the UK as planned to conduct an on-site visit to the forex broker Rarebull. At the disclosed business address, the broker's company name or other information was not visible, indicating that the broker does not have a real business premise. Investors are advised to consider this before making a decision.

Disclaimer

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