Purpose

The UK foreign exchange market is one of the globally important foreign exchange markets formed through long-term historical development. It features large trading volume, a wide variety of trading products, and numerous market participants, occupying a pivotal position in international foreign exchange trading. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the team conducted an on-site visit to the UK.

Process

This time, the team went to the UK as planned to visit forex broker SURETRADEGROUP in person. According to public information, its office address is 69 Old Broad Street, London EC2M 1QS.

A professional and experienced team, with a sense of mission to strictly vet for investors, followed a meticulous plan to travel to the target area in the UK to conduct an on-site verification of the broker SURETRADEGROUP claiming to be located at the above address.

The team arrived smoothly at the target building, which is located in a relatively bustling area of London, with a clean surrounding environment and a strong commercial atmosphere. However, no company logo or related information of the broker was found outside the building.

The team entered the building lobby and stated their purpose to the security guard. After communication, they obtained permission to enter. However, the broker was not found on the building's directory board.

Due to the lack of relevant guidance and the inability to confirm the specific floor and location, the team could not reach the target floor to verify the exact location of the broker, could not enter the company to take photos of its front desk and logo, and the office was not a shared office.

From the lobby, the team was also unable to observe the internal environment of the company. After arrival, they confirmed that the address was correct, but found no information about the broker. Upon inquiry, the security guard said there was no such company, leading to the conclusion that it was false. The overall situation did not match the broker's claim of having a physical office address.

Therefore, after the site visit, it was confirmed that the broker SURETRADEGROUP does not exist at the above address.

Conclusion

The team went to the UK on schedule to conduct an on-site visit to forex broker SURETRADEGROUP. At its publicly displayed business address, the company name and other information of the broker were not visible, indicating that the broker does not have a genuine place of business. Investors are advised to make their decisions after comprehensive consideration.

Disclaimer

The above content and opinions are for reference only and do not constitute a basis for final selection.