Purpose

The UK forex market is a long-established and highly developed international forex market. Since the establishment of the modern financial system, it has been one of the core hubs of global forex trading. It is characterized by large trading volume, flexible trading hours, and a wide variety of financial products. In order to help investors or practitioners gain a more comprehensive understanding of forex brokers in the region, the survey team went to the UK for an on-site visit.

Process

The survey team went to the UK as planned to visit forex broker DORMAIN SECURITIES. According to public information, its office address is 6 Molton St, London W1K.

A professional and experienced on-site inspection team, with a sense of mission to strictly vet for investors, followed a meticulous plan and traveled to the United Kingdom. They conducted a field verification of the broker DORMAIN SECURITIES, which claims to be located at 6 Molton St, London W1K.

The inspection personnel arrived at the area of the address, which is located in a relatively bustling part of London with a strong commercial atmosphere and numerous shops along the streets. However, no signage or related information of the broker was found outside the building.

The inspection personnel entered the lobby of the building, stated their purpose to the security guard, and obtained permission to enter. However, inside the building, no directory listing or any related logo of the broker was found.

Since they could not obtain the specific floor information of the broker, the inspection personnel were unable to reach the specific floor and confirm its exact location. Naturally, they could not enter the company premises, take photos of the reception area or its logo, and the office space was not a shared office.

Upon arrival, the inspection personnel confirmed that the address was correct, but found no information about the broker. After inquiring with a shop assistant, they were told that no such company existed, and only a clothing store was seen. Therefore, they concluded that the broker's office address information was false.

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

Conclusion

The field inspection team went to the UK as planned to physically visit forex dealer DORMAIN SECURITIES. At its publicly displayed business address, they could not see the dealer's company name or other information, indicating that the dealer does not have a real place of business. Investors are advised to make their decisions after comprehensive consideration.

Disclaimer

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