Purpose

The UK foreign exchange market is an internationally significant foreign exchange market formed through a long historical development process, characterized by large trading volume, diverse trading products, and a wide range of 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 field visits.

Process

In this issue, the on-site inspection team went to the United Kingdom as planned to conduct a field visit to the forex broker GlobalSwiftPays. According to publicly available information, its office address is 5 Harbour exchange Square, Canary Wharf, E14 9GE England, United Kingdom.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, traveled to the United Kingdom according to a well-planned schedule to conduct a physical verification of the broker GlobalSwiftPays, which claims to be located at 5 Harbour Exchange Square, Canary Wharf, E14 9GE England, United Kingdom.

The inspectors successfully arrived at the target building, which is located in the financial district of London's core area, with a bustling surrounding environment and a strong commercial atmosphere. However, no company signage or related information was found on the exterior of the building.

The team entered the building lobby and explained their purpose to the security personnel. However, after a brief communication, they were not granted permission to enter.

Therefore, they were unable to reach the target floor to confirm the specific location. No company directory plate or company logo was found inside the building either. Since they could not reach the target floor, it was impossible to know if GlobalSwiftPays' office area had clear signage, let alone enter the interior. Furthermore, the office was not a shared workspace.

The inspectors were not allowed to enter and film, making it impossible to confirm whether the company was truly present there. The overall situation did not meet the expectation of being able to confirm the company's actual existence.

Therefore, after the on-site inspection, it was confirmed that the broker GlobalSwiftPays does not exist at the aforementioned address.

Conclusion

The on-site inspection personnel visited the forex broker GlobalSwiftPays in the UK as planned. At its publicly displayed business address, they were unable to see any information such as the company's name, 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 viewpoints are for reference only and should not be used as the final basis for selection.