Purpose

The UK foreign exchange market is a long-established and highly mature international forex market. As one of the core hubs of global forex trading, it has a comprehensive financial regulatory system and an active trading atmosphere. It occupies a pivotal position in global forex trading, attracting numerous international financial institutions and investors. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the fact-checking team visited the UK for on-site inspection.

Process

This field investigation team plans to physically visit forex broker Crypto Coast Investments Limited in the UK as scheduled. According to publicly available information, its office address is 65 Shearsmith Tower, Cable Street, London, United Kingdom, E1 8HU.

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 inspection of the broker Crypto Coast Investments Limited claiming to be located at 65 Shearsmith Tower, Cable Street, London, United Kingdom, E1 8HU.

The site visit personnel arrived successfully at Shearsmith Tower, located on Cable Street in London, with a relatively bustling surrounding environment and a strong commercial atmosphere. However, no company signage or related information of Crypto Coast Investments Limited was found outside the building.

The site visit personnel entered the building lobby and explained their purpose to the security guard. After a brief conversation, they obtained permission to enter.

However, no directory listing for Crypto Coast Investments Limited was found inside the building, nor was the company's logo visible. As the specific floor and location could not be determined, the site visit personnel could not reach the specific floor or confirm the specific location, and naturally could not enter the company's interior. Additionally, they could not photograph the reception area or its logo, and the office was not a shared office.

Through the glass door, due to the security guard's obstruction, the site visit personnel could not observe the company's internal office environment. Upon arrival, they confirmed it was the address, but found no information about this broker. When asked, the security guard said the company did not exist, leading to the judgment that it was fake. Therefore, after the site visit, it was confirmed that broker Crypto Coast Investments Limited does not exist at the above address.

Conclusion

The fact-finding team visited the foreign exchange broker Crypto Coast Investments Limited in the UK as planned. At its publicly displayed business address, the company's name or other information was not visible, indicating that the broker does not have a genuine place of business. Investors are advised to make their decisions after careful consideration.

Disclaimer

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