Purpose

The UK foreign exchange market is a historically long-established and highly developed international foreign exchange market. Since the development of the modern financial system, it has consistently been one of the core hubs for global foreign exchange trading, characterized by large trading volumes, a rich variety of trading products, 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 a physical visit.

Process

In this issue, the on-site inspection team went to the United Kingdom as planned to conduct a field visit to the forex broker PrimoBull. According to publicly available information, its office address is 20 - 22 Wenlock Road, London, England, N17GU.

A professional and experienced on-site inspection 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 a physical verification of the broker PrimoBull claiming to be located at 20 - 22 Wenlock Road, London, England, N17GU.

The inspectors successfully arrived at the target building. The location is in central London, on a street that is not particularly bustling, with a generally ordinary commercial atmosphere. From the building's exterior, the office building appears to be decently renovated, but no company signage or relevant information was found on the outside of the building.

The inspectors entered the building lobby, explained their purpose to the security guard, and after communication, obtained permission to enter.

However, no company directory plate for PrimoBull was found inside the building. As the specific floor location could not be determined, the inspectors could not reach the specific floor and confirm the exact location, and thus could not enter the company's interior. Furthermore, this is a shared office space where many financial companies are registered. The reception desk was unable to provide any information about the company PrimoBull.

From the lobby area, as they could not enter the company's interior, the inspectors were unable to observe the company's internal environment and other conditions.

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

Conclusion

The on-site inspector visited the forex broker PrimoBull at its publicly displayed business address in the UK as planned, but could not find information such as the company name of the broker at that location, 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.