Purpose

The UK foreign exchange market is one of the globally significant forex markets formed through a long-term development process, characterized by a long history, large trading volume, and numerous market participants. It occupies a crucial position in global foreign exchange trading, with many forex brokers conducting business here. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team visited the UK for field investigations.

Process

The on-site inspection team visited the UK as planned to conduct an on-site visit to the forex broker Cresen. According to publicly available information, its office address is Tower 42, 25 Old Broad Street, London, EC2N 1HQ.

A professional and experienced on-site verification team, driven by a sense of mission to strictly vet for investors, traveled to the UK according to a meticulous plan. They conducted an on-site inspection of the broker Cresen, which claims to be located at this address.

The verification personnel arrived at Tower 42, which is located at financial district in London, with a bustling surrounding environment and a strong commercial atmosphere. However, no company logo or related information for Cresen was found on the exterior of the building.

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

Since there was no directory listing for Cresen in the building, nor any obvious signage related to the company, the specific location of the company could not be confirmed, so they were unable to reach a specific floor. As they could not find the company's location, they could not enter the interior or photograph its reception area. The office area was not a shared workspace.

From the lobby area, as they could not enter the company's interior, they were unable to observe the internal environment of the company and found no information about this broker, leading to the judgment that it is false.

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

Conclusion

The on-site inspection team visited the forex broker Cresen in the UK as planned. At its publicly displayed business address, no information such as the company name of the broker could be seen, indicating that the broker does not have a genuine business premises. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

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