Purpose

The UK foreign exchange market is a long-established and highly developed international foreign exchange market that has held a significant position since the establishment of the modern financial system. It features characteristics such as large trading volume, a rich variety of trading products, and diverse market participants, making it one of the core hubs of 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 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 SwissProMarkets. According to publicly available information, its office address is 27 King William St, London EC6N 9BP, 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 SwissProMarkets claiming to be located at 27 King William St, London EC6N 9BP, United Kingdom.

The inspectors successfully arrived at the target building, which is located in a bustling area of London with a strong commercial atmosphere. However, no company signage or relevant information for SwissProMarkets was found on the exterior of the building. The inspectors carefully checked the surrounding house numbers, but only saw number 24, and across the street, the numbers jumped directly to the 30s, indicating an anomaly in the continuity of the addresses.

The inspectors entered the building lobby, explained their purpose to the security guard, and inquired about information regarding SwissProMarkets. The security guard stated that they were not familiar with this address and had no knowledge of the company. After communication, permission to enter was not obtained.

Since the company's location could not be confirmed within the building, it was impossible to reach the target floor. Naturally, it was also impossible to look for any clear signage of the company's office area, let alone enter the interior. Furthermore, this office space was not a shared office.

From the building lobby, the inspectors were unable to observe the company's internal environment or other conditions. Overall, no signs related to SwissProMarkets were found at this address.

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

Conclusion

The on-site inspection team went to the UK as planned to conduct a field visit to the forex broker SwissProMarkets. At its publicly displayed business address, they were unable to see information such as the company name of the broker, indicating that the broker does not have a genuine business premises. Investors are advised to make their choice after comprehensive consideration.

Disclaimer

The above content and views are for reference only and should not be used as the final basis for selection.