Purpose

The UK foreign exchange market is a globally important foreign exchange market formed during the long-term financial development process. It has a long history and active trading, with a high degree of internationalization and mature market mechanisms. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the team went to the UK for an on-site visit.

Process

The team went to the UK as planned to visit forex broker Bit-Wise in person. According to public information, its office address is 10 Lower Thames Street, London EC3R 6AF, UK.

A professional and experienced team, with a sense of mission to strictly screen for investors, went to the UK according to a meticulous plan. They conducted an on-site verification of the broker Bit - Wise, which claims to be located at 10 Lower Thames Street, London EC3R 6AF, UK.

The team arrived at the target building, which is located in a bustling area of London with a strong commercial atmosphere. However, no company logo or related information of Bit - Wise was found outside the building.

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

Since no company directory was observed around the building, the specific floor could not be determined. The team was unable to reach the specific floor and confirm the exact location, nor could they enter the company. They could not take photos of the reception area or its logo. The office was not a shared office.

After arriving, the address was confirmed, but no information about the broker was found. Upon inquiry, the security guard said that the company did not exist, leading to the conclusion that it is fake. Through the glass door, the internal environment of the company could not be observed, and the overall situation did not match its claimed positioning.

Therefore, after the on-site verification, it was confirmed that the broker Bit - Wise does not exist at the above address.

Conclusion

The team visited the forex broker Bit-Wise in the UK as planned, but at its publicly disclosed business address, they could not see the company name or other information of the broker, indicating that the broker does not have a genuine place of business. Investors should make their decisions after comprehensive consideration.

Disclaimer

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