Purpose

The UK foreign exchange market is a historically significant and highly developed global forex market. Since the gradual formation of the modern financial system, it has become one of the core hubs for global foreign exchange trading, leveraging its advantageous geographical location, robust financial infrastructure, and mature regulatory framework. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, an on-site inspection team conducted field visits in the UK.

Process

The on-site inspection team visited the forex broker PhillipCapital UK in the UK as planned. According to public information, its office address is 12 - 14 Mason's Avenue 3rd Floor, London EC2V 5BT, UNITED KINGDOM.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to the UK to conduct an on-site verification of the broker PhillipCapital UK reportedly located at 12 - 14 Mason's Avenue 3rd Floor, London EC2V 5BT, UNITED KINGDOM.

The inspector successfully arrived at the target building, which is located in a bustling commercial area of London with a clean surrounding environment and a strong business atmosphere. However, no signage or relevant information of the company was found on the exterior of the building.

The surveyor entered the building lobby and explained their purpose to the security personnel. After a brief communication, they obtained permission to enter. The company's information was not listed on the directory inside the building.

However, the process of reaching the target floor did not go smoothly. The on-site investigator received confirmation from the building's front desk that the company had already moved out three or four years ago, making it impossible to enter the company's premises. As a result, they could not access the specific floor or confirm the exact location. Additionally, this was not a shared office space, so there was no opportunity to photograph the front desk or its logo.

The office environment inside the company cannot be observed through the public areas, and the overall situation does not match its claimed positioning of still operating here.

Therefore, after on-site verification, it is confirmed that the broker PhillipCapital UK does not exist at the above address.

Conclusion

The field investigator visited the forex broker PhillipCapital UK in the UK as planned. At the publicly displayed business address, no information such as the company name of the broker was found, indicating that the broker does not have a genuine business premises. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

The above content and views are for reference only and should not be considered as the final basis for decision-making.