Purpose

The UK foreign exchange market is a long-established and highly developed international forex market. Since the 19th century, leveraging its advantageous geographical location, well-developed financial infrastructure, and abundant pool of financial talent, it has consistently been one of the core global hubs for foreign exchange trading. To assist investors or practitioners in gaining a more comprehensive understanding of forex brokers in this region, our on-site verification team conducted field visits in the UK.

Process

This period's on-site inspection team visited the forex broker MYFX Markets in the United Kingdom as planned. According to public information, its office address is 71 - 75 ShelTon STreeT London WC2H 9JQ UNITED KINGDOM.

A professional and experienced physical verification team, driven by a sense of mission to rigorously vet for investors, proceeded to the United Kingdom according to a meticulous plan to conduct an on-site verification of the broker MYFX Markets claiming to be located at 71 - 75 ShelTon STreeT London WC2H 9JQ UNITED KINGDOM.

The investigator successfully arrived at the target building, which is located in a specific area of London with a relatively bustling surrounding environment and a strong commercial atmosphere. However, no company signage or related information for MYFX Markets was found on the exterior of the building.

The investigator entered the building lobby and stated their purpose to the security personnel. After communication, it was learned that this is a virtual office with no physical workspace, and entry permission was not granted.

Since it is impossible to enter the building and reach the target floor, it is also impossible to confirm whether MYFX Markets's office area has clear signage or security measures. Moreover, the front desk and its logo cannot be photographed, and it is not a shared office space.

Through the building's glass door, it is impossible to observe the internal environment of the company and other such conditions.

Therefore, after on-site verification, it has been confirmed that broker MYFX Markets does not exist at the above address.

Conclusion

The on-site inspection team visited the forex broker MYFX Markets in the UK as planned. At its publicly displayed business address, no information such as the broker's company name was visible, indicating that the broker does not have a genuine physical business location. 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 sole basis for final decisions.