Purpose

The UK foreign exchange market is a long-established and highly developed international forex market, occupying an important position in global forex trading. It is characterized by large trading volumes, flexible trading hours, and numerous financial institutions. In order to help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the team conducted an on-site visit to the UK.

Process

This time, the team visited UK forex broker Premium Funds on schedule, according to public information its office address is 71–75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom.

A professional and experienced team, with a sense of mission to strictly scrutinize for investors, went to the UK according to a careful plan. They conducted an on-site verification of the broker Premium Funds claimed to be located at 71–75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom.

The team arrived at the target building smoothly. The location is in Covent Garden, London, with a relatively bustling surrounding environment and a strong commercial atmosphere. However, no signage or relevant information of the company was found outside the building.

The team entered the lobby of the building and explained their purpose to the security guard. After communication, they were granted entry permission.

However, no company directory listing or company logo was found inside the building. Since the specific floor and location of the company were not found, the team could not reach the target floor to confirm the 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. This office is not a shared office.

The office environment inside could not be observed through the glass door because it was impossible to enter. After arriving, the address was confirmed to be correct, but no information about the broker was found. Upon inquiry, the security guard said that this company did not exist, leading to the conclusion that it is fraudulent.

Therefore, after the on-site inspection, it was confirmed that the broker Premium Funds does not exist at the above address.

Conclusion

The team went to the UK as planned to visit the forex dealer Premium Funds in person. At its publicly displayed business address, they were unable to see the dealer's company name or other information, indicating that the dealer does not have a real business location. Investors should make their decision after comprehensive consideration.

Disclaimer

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