Purpose

The UK foreign exchange market is a historically significant international forex market, playing a crucial role in global forex trading with characteristics such as large trading volumes, diverse trading instruments, and a wide range of market participants. To assist investors or practitioners in gaining a more comprehensive understanding of forex brokers in this region, an on-site inspection team conducted field visits in the UK.

Process

The on-site inspection team visited the foreign exchange broker CBWFX in the UK as planned. According to public information, its office address is PO Box 698 2nd Floor, Tichfield House 69-85 Tabernacle Street London EC2A 4RR UNITED KINGDOM.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, meticulously planned and traveled to the target area in the UK to conduct on-site verification of the broker CBWFX claimed to be located at the aforementioned address.

The inspector successfully arrived at the target building, which is located on Tabernacle Street in London. It is a relatively dilapidated building with a fairly ordinary surrounding environment. The commercial atmosphere is also not particularly strong.

The inspector was in front of the building, trying to find any relevant signage for the company, but found no information about CBWFX.

The inspector entered the building lobby and explained their purpose to the security personnel, but did not obtain permission to enter and was unable to access the interior of the building.

Due to the inability to enter the building, the on-site inspector could not reach the target floor and thus was unable to confirm whether there were clear signs or security measures in the CBWFX office area. Furthermore, they could not enter the company's interior, take photos of the reception area or its logo, and there was no situation of a shared office space.

Through the building entrance, the on-site inspectors were unable to observe the internal environment of the company or other relevant conditions. Overall, the state of the building does not match the positioning claimed by the trading firm.

Therefore, after on-site verification, it is confirmed that broker CBWFX does not exist at the above address.

Conclusion

The on-site investigator visited the forex broker CBWFX 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.