Purpose

The UK foreign exchange market is a globally important foreign exchange market that has gradually formed during its historical development process, possessing a long history and a highly developed financial system. Its market characteristics include enormous trading scale, a rich variety of trading instruments, numerous participants, and flexible trading hours. 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 United Kingdom.

Process

This period's on-site inspection team went to the UK as planned to conduct a field visit to forex broker Fortrade. According to publicly available information, its office address is "Michelin House 81 Fulham Road London SW3 6RD UNITED KINGDOM".

A professional and experienced site visit team, driven by a sense of mission to rigorously vet for investors, proceeded according to a meticulous plan to the target area in the UK to conduct an on-site verification of the broker Fortrade claiming to be located at "Michelin House 81 Fulham Road London SW3 6RD UNITED KINGDOM."

The site visit personnel successfully arrived at the target building, located in a bustling area of London, with a vibrant surrounding environment and a strong commercial atmosphere. There was a flower seller at the building entrance; one had to walk inside to see the office building, but no company signage or related information was found on the exterior of the building.

The site visit personnel entered the lobby of the building and explained their purpose to the security guard. After communication, permission to enter was obtained. Upon inquiring at the reception desk, they were informed that this company does indeed exist, but an appointment is required to go upstairs.

Since an appointment was required to enter, the site visit personnel could not reach the target floor or enter the interior, nor could they photograph clear signage or the reception desk of Fortrade, and this office was not a shared workspace.

Because they were told they could not go upstairs, from the lobby area, the site visit personnel could not observe the company's internal environment, but the overall environment matched its claimed positioning.

Therefore, after the site visit, it was confirmed that the broker Fortrade exists at the aforementioned address.

Conclusion

The on-site inspection personnel visited the forex broker Fortrade in the UK as planned. At its publicly displayed business address, the broker's company was found to physically exist, indicating that the broker has 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 basis for final selection.