Purpose

The UK foreign exchange market is a globally significant foreign exchange market that has formed through a long-term development process, with a long history and active trading, characterized by a high degree of internationalization and diversification. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the team traveled to the UK for on-site visits.

Process

The team visited the forex broker EQUITRADE in the UK as scheduled. According to public information, its office address is Kemp House 152 - 160 City Road London EC1V 2NX UNITED KINGDOM.

A professional and experienced team, driven by a sense of mission to rigorously vet for investors, proceeded according to a well-planned itinerary to the target area in the UK to conduct an on-site verification of the broker EQUITRADE, which claims to be located at Kemp House 152 - 160 City Road London EC1V 2NX UNITED KINGDOM.

The team successfully arrived at Kemp House, located on City Road in London, with a relatively bustling surrounding environment and a strong commercial atmosphere. However, no company signage or relevant information for EQUITRADE was found on the exterior of the building.

The team attempted to enter the building lobby and explained their purpose to the security guard. After communication, permission to enter was not granted. Upon inquiring with the security guard, they were informed that no such company existed.

Observing inside the lobby, as there was no directory plate for the company within the building and no related LOGO was found, the specific floor could not be determined. The team tried to locate the company but could not find any clear signage or information pointing to it. As the specific floor could not be determined, they were unable to reach the target floor to confirm the exact location, let alone enter the company's interior, could not photograph the company's reception area, and the office was not a shared office space.

Looking through the doorway, as they could not enter the company's interior, they were unable to observe the internal environment, decoration style, or employee activities. No information regarding this broker was found, leading to the judgment that it is false.

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

Conclusion

The team visited the foreign exchange broker EQUITRADE at its UK location as planned. At the publicly displayed business address, they were unable to see information such as the broker's company name, indicating that the broker does not have a genuine physical business premises. Please consider all factors comprehensively before making your investment choice.

Disclaimer

The above content and views are for reference only and should not be used as the sole basis for final selection.