Purpose

The UK foreign exchange market is a globally important international forex market formed through a long historical development. It is characterized by large transaction volumes, a rich variety of trading currencies, and flexible trading hours, playing a pivotal role in global forex trading. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the survey team went to the UK for an on-site visit.

Process

This issue, our survey team went to the UK to visit forex broker Numerical Pip as planned. According to public information, its office address is Wenlock Road 20-22, N1 7GU, London, United Kingdom.

A professional and experienced on-site inspection team, with a sense of mission to strictly scrutinize for investors, went to the UK according to a well-planned schedule. They conducted a field verification of the broker Numerical Pip claimed to be located at Wenlock Road 20 - 22N1 7GU London Unitied Kingdom.

The on-site inspectors arrived at the target area smoothly. The surrounding streets were relatively ordinary, and the business atmosphere was average. No signs or relevant information of the broker Numerical Pip were found outside the building.

The on-site inspectors entered the building lobby and stated their purpose to the security guard. After a brief communication, they obtained permission to enter.

However, no company signboard of Numerical Pip was found inside the building, nor was any LOGO related to the company seen. Since the specific floor and location of the company could not be determined, it was not possible to reach the target floor to confirm its specific office area.

Because the specific location of the company was not found, the on-site inspectors could not enter the company interior, nor could they take photos of the front desk and the front desk LOGO, and the office area was not a shared office.

Through the lobby area, since the specific location of the company could not be known, it was impossible to observe the internal office environment, etc. After arrival, it was confirmed that the address was correct, but no information about the broker was found. The security guard was asked and said that there was no such company, so it was judged to be false.

Therefore, after the on-site inspection, it was confirmed that the broker Numerical Pip does not exist at the above address.

Conclusion

The survey personnel went to the UK as planned to physically inspect the forex broker Numerical Pip. They could not see the broker's company name or other information at its publicly displayed business address, indicating that the broker does not have a real business location. Investors should make their decisions after comprehensive consideration.

Disclaimer

The above content and views are for reference only and are not the final basis for selection.