Purpose

The UK foreign exchange market is a highly developed market that has gradually formed through a long-term process of financial development. With a long history and active trading, it is one of the important global hubs for foreign exchange transactions. To help investors or practitioners gain a more comprehensive understanding of UK forex brokers, the on-site inspection team traveled to the UK for a field visit.

Process

The on-site inspection team visited the forex broker Quantum Markets in the UK as planned. According to public information, its office address is 176 High Holborn, London, WC1V 7AA.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously screen for investors, traveled to the target area in the UK  according to a meticulous plan. They conducted a physical inspection of the broker Quantum Markets, which claims to be located at 176 High Holborn, London, WC1V 7AA.

The inspectors arrived at the target location successfully, with a strong commercial atmosphere. But upon arrival, it was discovered to be a student apartment building. No company signage or related information was found on the exterior of the building.

The inspectors entered the building and, after stating their purpose to the security guard, were granted permission to enter.

Upon reaching the target floor, the inspectors found no signage indicating the office area of Quantum Markets. Since this was not a company office space nor a shared office, the inspectors could not enter the so-called company premises and were unable to photograph Quantum Markets's reception area.

By observing the building environment, the inspectors confirmed that no company is operated at this location, and the overall situation does not match its claimed positioning.

Therefore, after the on-site inspection, it was confirmed that the broker Quantum Markets does not exist at the aforementioned address.

Conclusion

The on-site inspector visited the forex broker Quantum Markets at its public business address in the UK as planned, but was unable to see any information, such as the company name of the broker, at that location, indicating that the broker does not have a genuine physical business premises. Investors are advised to consider this information comprehensively before making their choice.

Disclaimer

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