Purpose

The UK foreign exchange market is one of the world's major forex markets formed over a long historical development. It features large trading volumes, a wide variety of trading instruments, and diversified market participants, holding a pivotal position in global forex trading. To help investors or practitioners gain a more comprehensive understanding of UK forex brokers, the team conducted an on-site visit to the UK.

Process

This time, the team went to the UK as planned to visit the forex broker BazaarFx in person. According to public information, its office address is 71 - 75 Shelton Street, Covent Garden, London, United Kingdom, WC2H 9JQ.

A professional and experienced team, with a sense of mission to strictly check for investors, followed a careful plan to go to the target area in the UK to conduct an on-site verification of the broker BazaarFx claiming to be located at the above address.

The team successfully arrived at the target building, which is located in the Covent Garden area of London, with a relatively bustling surrounding environment and a strong commercial atmosphere. However, no company identification or related information of BazaarFx was found outside the building.

The field investigators attempted to enter the building but were unable to obtain entry permission and could not enter the company lobby. Looking inside the building, no company nameplate or logo was found.

Due to the inability to enter the building, the field investigators could not reach the specific floor and confirm the exact location, nor could they enter the company interior or photograph its front desk. The office is not a shared office. Through the building entrance, the internal office environment could not be observed, and it was impossible to confirm whether the company exists.

After arriving, the field investigators confirmed that it was the address, but found no information about the broker. The overall situation does not match its claimed location, and it was determined to be false.

Therefore, after the field investigation, it was confirmed that the broker BazaarFx does not exist at the above address.

Conclusion

The team went to the UK as planned to visit forex broker BazaarFx on-site. At its publicly displayed business address, the company name or other information of the broker could not be seen, indicating that the broker does not have a real business premise. Please make your decision after comprehensive consideration.

Disclaimer

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