Purpose

The UK foreign exchange market is a long-established and highly developed international forex market that has held a significant position since the establishment of the modern financial system. It features characteristics such as large trading volume, a rich variety of trading instruments, and diverse market participants, making it one of the core hubs of global foreign exchange trading. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team conducted field visits in the UK.

Process

In this issue, the on-site inspection team went to the UK as planned to conduct a field visit to the forex broker Bullgeko. According to public information, its office address is 63 - 66 Hatton Garden, London EC1N 8LE, UK.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, traveled to the United Kingdom according to a well-planned schedule to conduct a physical verification of the broker Bullgeko claiming to be located at 63 - 66 Hatton Garden, London EC1N 8LE, UK.

The inspectors successfully arrived at the target building, which is located in central London with a strong surrounding commercial atmosphere. It is an office building, though not particularly luxurious. There is a directory at the entrance outside the building, but the images on the directory are very unclear, making it difficult to ascertain whether the company is located here.

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

Although they entered the building lobby, they were unable to confirm the company's specific location from the directory. Consequently, they could not reach the target floor and were unable to determine whether the office area of Bullgeko had clear signage or security measures. As the specific location could not be confirmed, the inspectors could not enter the company's interior, and the office premises were not a shared workspace.

From the lobby, the inspectors could not observe the company's internal environment or other conditions, and thus could not assess whether the overall environment matched its claimed positioning.

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

Conclusion

The on-site inspection team visited the forex broker Bullgeko in the UK as planned. At its publicly displayed business address, no information such as the broker's company name was visible, indicating that the broker does not have a genuine business premises. Investors are advised to make their choice after comprehensive consideration.

Disclaimer

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