Purpose

The UK foreign exchange market is a long-standing and highly mature international forex market, which has held an important position in global forex trading since the development of the modern financial system. It features large trading scale, strong market liquidity, and diversified participants, making it one of the core hubs of global forex trading. In order to help investors or practitioners gain a more comprehensive understanding of forex dealers in the region, the site inspection team conducted an on-site visit to the UK.

Process

This time, the field verification team traveled to the UK as planned to conduct an on-site visit to the forex broker Cryptoprofxmarket. According to public information, its office address is 52 Elighton Road, London, United Kingdom.

A professional and experienced on-site inspection team, with a sense of mission to strictly check for investors, traveled to the UK according to a well-planned schedule. They conducted a field verification of the broker Cryptoprofxmarket claiming to be located at 52 Elighton Road.

The inspectors arrived smoothly at the area of the target address. The surrounding streets were relatively quiet, with a general business atmosphere. They carefully searched the streets but did not find any signage or relevant information of the broker.

The inspectors entered the lobby of the building and stated their purpose to the security guard. After a brief conversation, they were not granted permission to enter the building.

Outside the building, the inspectors carefully looked but did not find any company signboard of Cryptoprofxmarket or see the company's logo. Since they could not determine the specific floor of the company, the inspectors were unable to reach the specific floor to confirm its exact location, nor could they enter the company. Naturally, they could not take photos of the front desk or its logo. The office space was not a shared office.

Through the glass door, the inspectors could not observe the internal office environment of the company. After arrival, they confirmed the address, but did not find any information about the broker. Upon inquiry, the security guard informed them that there was no such company, leading to the conclusion that it is fake.

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

Conclusion

The site inspection team visited the UK as planned to conduct an on-site inspection of forex broker Cryptoprofxmarket. At its publicly displayed business address, they could not see the company name or other information of the broker, 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 serve as the basis for final selection.