Purpose

The UK foreign exchange market is a long-established and highly developed international forex market, occupying a core position in global forex trading, with a mature trading system, a wide range of trading products, and a huge trading volume. In order to help investors or practitioners gain a more comprehensive understanding of forex brokers in the region, the on-site inspection team went to the UK for a field visit.

Process

This on-site investigation team plans to visit the forex broker Coin Elite in the UK. According to public information, its office address is 1 Thomas More Square London E1W 1YN United Kingdom.

A professional and experienced site inspection team, with the sense of mission to strictly safeguard the investors, went to the United Kingdom according to careful planning. They conducted an on-site verification of the broker Coin Elite, which claims to be located at 1 Thomas More Square London E1W 1YN United Kingdom.

The inspection personnel successfully arrived at the target building, located in a specific area of London, with a relatively bustling surrounding environment and a strong commercial atmosphere. However, no company logo or related information of Coin Elite was found outside the building.

The inspection personnel entered the lobby of the building and stated their purpose to the security guard. After a brief communication, they obtained permission to enter.

However, upon reaching the floor range corresponding to the target address, no obvious signage was found in the office area of Coin Elite. After inquiring with the security guard, they were told that this company did not exist. Since the specific location could not be confirmed and there were no related signs, the inspection personnel could not enter the so-called internal office area, nor could they take photos of the front desk and its logo, and it was not a shared office either.

After arrival, it was confirmed that this was the designated address, but no information about the broker was found. It was comprehensively determined that the office premises claimed by the broker were false. Therefore, after the site inspection, it was confirmed that the broker Coin Elite does not exist at the above address.

Conclusion

The surveyors went to the UK to visit forex broker Coin Elite as planned, but did not see the company name or other information of the broker at its publicly displayed business address, indicating that the broker does not have a real business premises. Investors should make their choice after careful consideration.

Disclaimer

The above content and views are for reference only and do not constitute a basis for final selection.