Purpose

The UK foreign exchange market is a long-established international forex market. It occupies an important position in the global financial system, with highly developed financial infrastructure and a comprehensive regulatory system. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the field investigation team went to the UK for an on-site visit.

Process

This on-site inspection team plans to visit the forex broker PremierForex in the UK, according to public information its office address is 17 Hanover Square London W1S 1BN, United Kingdom.

A professional and experienced site visit team, with a sense of mission to strictly vet for investors, traveled to the UK according to a meticulous plan. They conducted an on-site verification of the broker PremierForex claimed to be located at 17 Hanover Square London W1S 1BN, United Kingdom.

The site visit personnel successfully arrived at the area where the target address is located. The surrounding environment is relatively bustling with a strong commercial atmosphere. However, no company logo or related information of the broker PremierForex was found outside the building.

The site visit personnel entered the lobby of the building and obtained permission after explaining their purpose to the security guard. However, no directory listing of the broker was found inside the building, nor was its logo seen.

Due to the inability to find any directional information related to the broker inside the building, the site visit personnel could not reach a specific floor to confirm its exact location, and thus could not enter the company's interior. At the same time, they were unable to take photos of the front desk and its logo. The office space is not a shared office.

Unable to enter the company's interior, the site visit personnel could not observe the internal environment, decoration style, or employee activities. Upon arrival, they confirmed that the address was correct, but found no information about the broker, concluding it was false. Therefore, after the site visit, they confirmed that the broker PremierForex does not exist at the above address.

Conclusion

The verification personnel went to the UK as planned to visit forex broker PremierForex on site. They could not see the company name or other information at its publicly displayed business address, indicating that the broker does not have a real business premises. Investors should make their decisions after comprehensive consideration.

Disclaimer

The above content and opinions are for reference only and do not serve as the basis for final decisions.