Purpose

The UK foreign exchange market is a long-established and highly developed international forex market. Since the establishment of the modern financial system, it has become one of the core hubs for global foreign exchange trading, leveraging its advantageous geographical location, well-developed financial infrastructure, and open regulatory environment. 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 Wise Way Investments. According to public information, its office address is 12 Leadenhall St. London EC3V 1LP UK.

A professional and experienced on-site verification team, driven by a sense of mission to rigorously vet for investors, traveled to the UK according to a well-planned schedule to conduct a physical verification of the broker Wise Way Investments claiming to be located at 12 Leadenhall St. London EC3V 1LP UK.

The verification personnel successfully arrived at the target building. Located in central London, it is a very high-end landmark office building with a clean surrounding environment and a strong commercial atmosphere. However, no signage or relevant information of the company was found on the exterior of the building.

The verification personnel entered the building lobby and stated their purpose to the security guard, but due to very strict security, they were not granted access permission.

As they could not enter the building, they were unable to reach the target floor to confirm whether the office area of Wise Way Investments had clear signage or security measures. Simultaneously, they could not enter the interior, thus could not photograph the reception desk and its logo. The office space was also not a shared office.

They attempted to observe the company's interior through the glass doors, but as they could not enter, they were unable to observe the internal environment, etc., and therefore could not assess whether the overall environment matched its claimed positioning.

Consequently, after the on-site verification, it was confirmed that the broker Wise Way Investments does not exist at the aforementioned address.

Conclusion

The on-site inspector visited the forex broker Wise Way Investments in the UK as planned. At its publicly displayed business address, no information such as the company name of the broker 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.