Purpose

The UK foreign exchange market is one of the globally significant forex markets formed through a long historical development process, characterized by large trading volume, a rich variety of trading products, and numerous market participants. It holds a crucial position in global foreign exchange trading and is a focal point of attention for many investors and practitioners. 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 RJO. According to public information, its office address is Moor House, 1st Floor, 120 London Wall, London, EC2Y 5ET.

A professional and experienced team, driven by a sense of mission to rigorously vet for investors, traveled to the target area in the UK  according to a meticulous plan.  They conducted an on-site inspection of the broker RJO that claimed to be located at Moor House, 1st Floor, 120 London Wall, London, EC2Y 5ET.

The team successfully arrived at the target building, which is situated in a bustling area of London, with a strong commercial atmosphere, busy streets, and numerous commercial shops. However, no signage or relevant information about the company RJO was found on the exterior of the building.

The team entered the building lobby and stated their purpose to the security guard. After communication, permission to enter was not granted.

Due to the inability to enter the building, the team could not reach the target floor to confirm the office area of company RJO. No obvious signage about the company was found, entry to the interior was not possible, and photos of the reception area and its logo could not be taken. Furthermore, this office space was not a shared office.

Upon arrival, the inspection personnel found no information about this broker. Upon inquiry, staff stated that there was no such company, leading to the judgment that it was false. Therefore, after the on-site inspection, it was confirmed that broker RJO does not exist at the aforementioned address.

Conclusion

The team visited the forex broker RJO at its public business address in the UK as planned, but could not find information such as the broker's company name at the location, 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 choice.