Purpose

The UK foreign exchange market is one of the globally significant foreign exchange markets formed through a long-term development process, characterized by a long history, active trading, and strict regulation. It occupies a crucial position in the international financial field, with numerous forex brokers conducting business here. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site verification team traveled to the UK to conduct field visits.

Process

The team visited the forex broker Nemo.money in the UK as planned. According to public information, its office address is 8 - 10 Old Jewry, London, England, EC2R 8DN.

A professional and experienced site inspection 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 a physical verification of the broker Nemo.money, which claims to be located at the aforementioned address.

The inspection personnel successfully arrived at the target building, located in the Old Jewry area of London, with a bustling surrounding environment and a strong commercial atmosphere. However, no signage or related information of the company was found on the exterior of the building.

The inspection personnel entered the building lobby and stated their purpose to the security guard. After communication, permission to enter was obtained. On the directory board inside the building, there was no information about this company.

The inspection personnel found no office area for Nemo.money. Since no information about the company was discovered within the building, the inspection personnel could not enter the so-called interior and  photograph its reception area,. The office area was not a shared office.

Through the lobby area, the inspection personnel could not observe the company's internal environment, and found no information about this broker. Upon inquiring with staff, they were informed that there was no such company, and the overall situation did not match its claimed positioning.

Therefore, after the site inspection, it was confirmed that the broker Nemo.money does not exist at the aforementioned address.

Conclusion

The on-site investigator went to the UK as planned to conduct a physical inspection of the forex broker Nemo.money. At its publicly displayed business address, no information such as the company name of this broker could be seen, indicating that this broker does not have a genuine business premises. Investors are advised to make their choice after comprehensive consideration.

Disclaimer

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