Purpose

The UK foreign exchange market is a long-established and highly developed international forex market. Since modern times, it has become one of the core hubs of global forex trading thanks to its advantageous geographical location, comprehensive financial system, and rich financial experience. 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 went to the UK as planned to visit the forex broker GEMINGLOBALASSET in person. According to public information, its office address is LONDON Southwark Magdalen Street – after either William Waynflete, Bishop of Winchester.

A professional and experienced team, with a mission to strictly vet for investors, went to the UK according to a careful plan. They conducted an on-site inspection of the broker GEMINGLOBALASSET claimed to be located at LONDON Southwark Magdalen Street – after either William Waynflete, Bishop of Winchester.

The team successfully arrived at the target area. The surrounding environment was relatively bustling with a strong commercial atmosphere. However, no company signage or related information of the broker was found outside the building.

The team entered the lobby of the building and stated their purpose to the security guard. After communication, they were not granted entry.

Observing the exterior of the building, no obvious signage was found for the office area of GEMINGLOBALASSET. Due to the lack of information such as a company directory, the specific location could not be confirmed, and thus the specific floor could not be reached. At the same time, there was no situation allowing entry into the company interior, and it was impossible to photograph the front desk or the front desk logo. Moreover, the office area was not a shared office.

Through the glass door, due to not entering the interior, the internal environment of the company could not be observed. Upon arrival, it was confirmed that the address was correct, but no information about the broker was found. After inquiring, the security guard said the company did not exist. Overall, it was judged that the broker's office address is false.

Therefore, after the site visit, it was confirmed that broker GEMINGLOBALASSET does not exist at the above address.

Conclusion

The team went to the UK as planned to conduct an on-site visit to the forex broker GEMINGLOBALASSET. At its publicly displayed business address, they could not see the broker's company name or other information, indicating that the broker does not have a real place of business. Investors are advised to consider comprehensively and make a decision.

Disclaimer

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