Purpose

The UK foreign exchange market is a global foreign exchange market formed through a long historical development process. It features characteristics such as large trading volume, a rich variety of trading products, and numerous market participants, making it one of the important hubs for 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 to conduct field visits.

Process

This time, the on-site inspection team went to the United Kingdom as planned to conduct a field visit to the forex broker Octa Market FX. According to public information, its office address is 125 Old Broad St, London EC2N 1AR, UK.

A professional and experienced on-site verification team, driven by a sense of mission to strictly safeguard investors, traveled to the UK according to a well-planned schedule to conduct a physical verification of the broker Octa Market FX, which claims to be located at 125 Old Broad St, London EC2N 1AR, UK.

The verification personnel successfully arrived at the ultra-luxury office building located in central London. The building is luxuriously decorated and surrounded by a strong commercial atmosphere. However, no company logo or relevant information of Octa Market FX was found on the exterior of the building.

The verification personnel entered the building lobby and, after stating their purpose to the security guard, obtained permission to enter. Inside the building, although there was a beautifully decorated directory board, it did not contain any information about Octa Market FX.

As it was impossible to confirm the specific floor and location of the company, the verification personnel could not reach the target floor. Consequently, they were unable to confirm whether Octa Market FX's office area had clear signage or security measures, let alone enter the premises. At the same time, they could not photograph the reception desk, and the office space was not a shared office.

From the lobby area, as they could not enter the company's interior, they were unable to observe the internal environment of the company and other conditions. Therefore, it was impossible to judge whether the overall situation matched its claimed positioning.

Therefore, after the on-site verification, it was confirmed that the broker Octa Market FX does not exist at the aforementioned address.

Conclusion

The on-site inspection team visited the forex broker Octa Market FX in the UK as planned. At its publicly displayed business address, no information such as the broker's company name 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.