Purpose

The UK foreign exchange market has gradually evolved into one of the world's significant forex markets through a long-term process of financial development. With a long history, it possesses highly internationalized and liberalized characteristics, serving as a core hub for global foreign exchange trading. To assist investors or practitioners in gaining a more comprehensive understanding of forex brokers in this region, the on-site inspection team conducted field visits in the UK.

Process

The on-site inspection team visited the forex broker Hubtradex in the UK as planned. According to public information, its office address is Wenlock Road 20 - 22 N1 7GU London, United Kingdom.

A professional and experienced on-site verification 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 an on-site verification of the broker Hubtradex, which claims to be located at Wenlock Road 20 - 22 N1 7GU London, United Kingdom.

The verification personnel successfully arrived at the target building, located on a not-so-bustling street in central London. The office building is decently decorated, with a relatively quiet surrounding environment and average commercial atmosphere. No company signage or related information was found on the exterior of the building.

The verification personnel entered the building lobby and stated their purpose to the security guard or staff. After communication, permission to enter was obtained.

However, upon reaching the target floor, it was found that there was no clear signage for Hubtradex's office area, nor were there any security measures. Due to the lack of relevant guidance and the reception's inability to provide any company information, the specific company location could not be confirmed, and entry into the interior was not possible. Furthermore, the location is a shared office space where many financial companies are registered. From the lobby area, it was impossible to observe the company's internal environment, etc., so it was also impossible to judge whether the overall environment aligns with its claimed positioning.

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

Conclusion

The on-site investigator visited the forex broker Hubtradex 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.