Purpose

The UK foreign exchange market is a long-established and highly mature international forex market. Since the development of modern financial systems, it has occupied an important position in global forex trading. It is characterized by large trading volume, rich variety of trading products, high market transparency, and strict regulation. In order to help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the fact-finding team went to the UK for an on-site visit.

Process

This time, as planned, we went to the UK to visit forex broker Million Money Market in person. According to public information, its office address is 20-22 Wenlock Road, London, N1 7GU, England.

With a sense of mission to strictly vet for investors, according to a thorough plan, we conducted an on-site verification of the broker Million Money Market claiming to be located at 20-22 Wenlock Road, London, N1 7GU, England.

We arrived smoothly at the target area. The surrounding street environment was relatively ordinary, with average business atmosphere. No signage or relevant information of the company was found outside the building.

After entering the lobby, we stated our purpose to the security guard. After a brief communication, we did not obtain permission to enter. However, we did not see the company's directory board or its logo inside or outside the building.

Since we could not confirm the specific floor and location, we could not reach the office floor claimed by the broker. Because there were no directions, we could not enter the company's interior. Also, we could not take photos of the front desk and its logo, and the office space was not a shared office.

Upon arrival, we confirmed it was the address, but found no information about the broker. When asked, the security guard informed us that there was no such company, so we judged it to be false. Through the lobby area, we could not observe the internal office environment, and the overall situation did not match its claimed positioning.

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

Conclusion

According to the plan, we went to the UK to visit the forex broker Million Money Market in person. At its publicly displayed business address, the company name and other information of the broker could not be seen, indicating that the broker does not have a real place of business. Please make your choice after comprehensive consideration.

Disclaimer

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