Purpose

The UK foreign exchange market is one of the globally significant forex markets formed through a long historical development process. It features large trading volumes, a diverse range of trading products, and a variety of market participants, holding a pivotal position in global forex trading. To help investors or practitioners gain a more comprehensive understanding of UK forex brokers, an on-site inspection team conducted field visits in the UK.

Process

The on-site inspection team visited the foreign exchange broker WorldFirst in the UK as planned. According to public information, its office address is 2nd Floor International House 1 St. Katharine's Way London E1W 1UN UNITED KINGDOM.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, traveled to the UK according to a well-planned schedule. Based on the aforementioned information, they conducted an on-site visit to the dealer WorldFirst.

The field investigator proceeded to the target area based on the address information to conduct an on-site verification of the trader claiming to be located at 2nd Floor International House 1 St. Katharine's Way London E1W 1UN UNITED KINGDOM WorldFirst.

The inspection personnel successfully arrived at the target building, which is located in a highly prosperous area of London and is a premium office tower with a strong commercial atmosphere in the surrounding area. However, no company logo or related information for WorldFirst was found on the exterior of the building.

The on-site inspector entered the building lobby and, after stating their purpose to the security personnel, was granted entry permission.

However, the information about WorldFirst was not found on the directory board inside the building. Although there are many WeWork shared offices in this building, WorldFirst is not a shared office. Since the specific floor and location could not be confirmed, the field investigator was unable to reach the designated floor, and thus could not enter the company's premises or take photos of the reception area and its logo. From the lobby, it was impossible to observe the internal office environment as entry was not permitted.

Therefore, after on-site verification, it was confirmed that the dealer WorldFirst does not exist at the above address.

Conclusion

The on-site investigator visited the forex broker WorldFirst in the UK as planned. The broker's company name and other information were not found at the publicly displayed business address, indicating that the broker does not have a genuine operational location. 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 selection.