Purpose

The UK foreign exchange market is one of the globally important forex markets formed through a long historical development process. It is characterized by large trading volume, a wide variety of trading products, and diverse market participants, and it plays a pivotal role in international forex trading. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the actual survey team went to the UK for an on-site visit.

Process

The team went to the UK as planned to conduct an on-site visit to the forex broker MITY. According to public information, its office address is Level 7, One Canada Square, Canary Wharf, London, E14 5AA, UK.

A professional and experienced onsite inspection team, with a sense of mission to strictly vet for investors, went to the UK following a meticulous plan. They conducted an on-site verification of the broker MITY, which claims to be located at Level 7, One Canada Square, Canary Wharf, London, E14 5AA, UK.

The inspectors arrived at One Canada Square, which is located in Canary Wharf, London, with a bustling surrounding environment and a strong business atmosphere. However, no signage or relevant information of MITY was found outside the building.

The inspectors entered the lobby of the building and stated their purpose to the security guard. After communication, they obtained permission to enter.

However, upon reaching the target floor, no clear signage was found for the office area of MITY. Since no company-related information was found, the inspectors were unable to enter the interior, nor could they take photos of the reception desk or its logo. Moreover, the office was not a shared office.

Since the company could not be located, the inspectors were unable to observe the internal environment of the company. After arriving, they confirmed that the address was correct, but no information about the broker was found. When asked, the security guard informed them that there was no such company. It was determined to be false.

Therefore, after the onsite inspection, it was confirmed that the broker MITY does not exist at the aforementioned address.

Conclusion

The field investigation team went to the UK as planned to visit forex broker MITY. At its publicly displayed business address, they could not see the broker's company name or other information, indicating that the broker does not have a real business location. Investors are advised to make their decisions after comprehensive consideration.

Disclaimer

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