Purpose

The UK foreign exchange market is a long-established and highly developed international forex market that occupies an important position in global foreign exchange trading. It is characterized by large trading volume, a rich variety of trading products, and a diverse range of market participants. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team traveled to the UK to conduct field visits.

Process

This period's on-site inspection team went as planned to the United Kingdom to conduct a field visit to the forex broker MicroxStock. According to publicly available information, its office address is Willoughby Highwalk, London EC2Y 9DP, UK.

A professional and experienced on-site inspection 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 a physical verification of the broker MicroxStock, which claims to be located at Willoughby Highwalk, London EC2Y 9DP, UK.

The inspectors successfully arrived at the target building. The location is in London, UK, and the surrounding environment made it difficult to assess the commercial atmosphere due to the nature of the building. This building appeared more like an apartment block rather than an office building. No company signage or relevant information was found on the exterior of the building.

The inspectors approached the building. When attempting to enter, due to the lack of clear company signage for guidance and the building's access control system being similar to that of an apartment, the inspectors were unable to gain entry permission.

As entry into the building was not possible, the inspectors could not reach the target floor to confirm the status of MicroxStock's office area. Furthermore, this location was not a shared office space.

Through the building's glass doors, the inspectors could only see what resembled an apartment lobby. They were unable to observe the company's internal environment, etc. The overall situation could not be determined to be consistent with its claimed positioning.

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

Conclusion

The on-site investigator visited the forex broker MicroxStock in the UK as planned. At its publicly displayed business address, no information such as the broker's company name was found, 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 sole basis for final selection.