Purpose

The UK foreign exchange market is a time-honored and highly developed international forex market, occupying an important position in global foreign exchange trading, with a mature financial system and sound regulatory mechanisms. To help investors or practitioners gain a more comprehensive understanding of forex dealers in this region, the field survey team visited the UK for on-site inspections.

Process

The on-site inspection team traveled to the UK as planned to visit forex broker XSHARESMARKETING. According to public information, its office address is 20 Great Eastern St, London, UK.

The professional and experienced site inspection team, with a sense of mission to strictly vet for investors, traveled to the UK in accordance with careful planning. They conducted an on-site verification of the broker XSHARESMARKETING claimed to be located at 20 Great Eastern St, London, UK.

The site inspectors arrived at the target building without incident. The location is in a specific area of London, with a relatively bustling surrounding environment and a strong commercial atmosphere. However, no corporate signage or related information about the broker was found outside the building.

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

However, throughout the building, no name board for the broker was found, nor was its logo visible. With no directions at all, it was impossible to reach a specific floor, confirm the exact location, or enter the company's interior. There was likewise no opportunity to photograph the front desk or its logo, and the office was not a shared office.

After arriving, the site inspectors confirmed that it was the correct address, but found no information regarding the broker. Upon inquiry, the security guard told them that no such company existed. The office environment inside could not be observed through the lobby. Overall, the broker's office was judged to be fictitious. Therefore, after the on-site inspection, it was confirmed that the broker XSHARESMARKETING does not exist at the above address.

Conclusion

The site inspection personnel went to the UK as planned to conduct an on-site visit to forex broker XSHARESMARKETING. At the publicly displayed business address, the broker's company name and other information were not visible, indicating that the broker does not have a real business premises. Investors are advised to make their decisions after comprehensive consideration.

Disclaimer

The above content and views are for reference only and do not constitute the basis for final selection.