Purpose

The UK foreign exchange market is one of the globally significant forex markets formed during a long-term financial development process, characterized by a long history, active trading, and strict regulation. As an international financial center, it has attracted numerous forex brokers to operate here. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the team conducted on-site visits in the UK.

Process

The team went to the UK as planned to conduct an on-site visit to the forex broker APLECREST LIMITED. According to public information, its office address is 71 - 75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom.

A professional and experienced team, driven by a sense of mission to rigorously vet investments for investors, proceeded according to a meticulous plan to the target area in the United Kingdom. They conducted an on-site inspection of the broker APLECREST LIMITED, which claims to be located at 71 - 75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom.

The team arrived at the target building successfully,  which is located in a bustling area of London with a lively surrounding environment and a strong commercial atmosphere. However, no company signage or relevant information about this broker was found on the exterior of the building.

The team attempted to enter the building lobby and explained their purpose to the security personnel. However, after communication, they were not allowed to enter. Upon inquiry, the security guard stated that there was no such company.

As there was no information about the company within the building, the team could not confirm its specific location and thus failed to enter the interior. No clear signage about the APLECREST LIMITED office area was found. Furthermore, they were unable to photograph the reception area or its logo, and the office was not a shared workspace.

Through the glass doors, as entry was not possible, they could not observe the company's internal environment or other conditions. No information whatsoever about this broker was found, leading to the judgment that it is false.

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

Conclusion

The team visited the forex broker APLECREST LIMITED at its public business address in the UK as planned, but did not see information such as the broker's company name at that location, indicating that the broker does not have a genuine physical business premises. Please consider all factors comprehensively before making your choice.

Disclaimer

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