Purpose

The UK foreign exchange market is a long-established and highly developed international forex market that has held a significant position since the establishment of the modern financial system. It is characterized by large trading volumes, a rich variety of trading instruments, and diverse market participants. 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 field visits.

Process

The on-site inspection team visited the forex broker FxMatrix in the UK as planned. According to public information, its office address is 20 Churchill Place, London E14 9SF.

A professional and experienced on-site inspection team, driven by a sense of mission to strictly vet for investors, followed a meticulous plan and traveled to the United Kingdom to conduct a physical verification of the broker FxMatrix, which claims to be located at 20 Churchill Place, London E14 9SF.

The inspectors successfully arrived at the target building. Located in London's financial district, it is a luxurious office tower with a strong commercial atmosphere and a bustling environment. However, no signage or relevant information of the company was found on the exterior of the building.

The team entered the building lobby and explained their purpose to the security personnel. However, after a brief communication, they were not granted entry permission.

Observing from the outside in, the inspectors did not find a directory listing for FxMatrix inside the building, nor did they see the company's logo. Since the inspectors could not reach the target floor, they were unable to confirm the company's specific location, let alone enter the company's premises. Furthermore, the office was not a shared workspace, so they could not photograph a reception desk or a reception area logo.

From the public areas, as they could not enter the company's interior, the inspectors were unable to observe the internal environment or other conditions of the company. Overall, it was impossible to confirm whether the company genuinely exists at this location.

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

Conclusion

The on-site inspector visited the forex broker FxMatrix in the UK as planned. At its publicly displayed business address, no information such as the company name of this broker could be seen, indicating that this 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.