Purpose

The UK foreign exchange market is a long-established and highly developed international forex market. Since the development of the modern financial system, it has been renowned worldwide for its mature regulatory mechanisms, diverse trading products, and substantial trading volume. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team conducted field visits in the UK.

Process

In this issue, the on-site inspection team visited the forex broker AFX Trade in the United Kingdom as planned. According to public information, its office address is 22 Bishopgate, London EC2N 4AJ, United Kingdom.

A professional and experienced on-site verification team, driven by a sense of mission to strictly vet for investors, proceeded to the United Kingdom according to a well-planned schedule to conduct an on-site verification of the broker AFX Trade, which claims to be located at 22 Bishopgate, London EC2N 4AJ, United Kingdom.

The verification personnel successfully arrived at the target building. The location is in a bustling area of London, with a vibrant surrounding environment and a strong commercial atmosphere. However, no company signage or relevant information for AFX Trade was found on the exterior of the building.

The verification personnel entered the building lobby and stated their purpose to the security guard. After communication, they obtained permission to enter.

However, upon reaching the target floor, no clear signage for the office area of AFX Trade was found. Without an appointment, the verification personnel could not enter the interior, and the office was not a shared workspace.

Through the glass door, it was also impossible to observe the interior of the company. The receptionist was unaware of the company's existence, and no directory board was seen inside, making it impossible to confirm whether the company actually exists. Due to the lack of an appointment, the receptionist could not provide any related information.

Therefore, after the on-site verification, it was confirmed that the broker AFX Trade 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 AFX Trade. At its publicly displayed business address, they were unable to see information such as the broker's company name, 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.