Purpose

The UK foreign exchange market is a long-established and highly developed international forex market, occupying an important position in global forex trading, with a mature financial system and sound regulatory mechanisms. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team went to the UK for a field visit.

Process

This time, the on-site inspection team went to the UK to visit the forex broker Excel Yatırım as planned. According to public information, its office address is 16 Beaufort Court, Admirals Way Docklands, London, E14 9XL.

A professional and experienced on-site inspection team, with a sense of mission to strictly vet for investors, followed a carefully planned schedule and traveled to the UK. They conducted a field verification of the broker Excel Yatırım claimed to be located at 16 Beaufort Court, Admirals Way Docklands, London, E14 9XL.

The on-site inspectors successfully arrived at the target building, which is located in the Docklands area of London. The surrounding environment is relatively bustling with a strong commercial atmosphere. However, no company logo or related information of Excel Yatırım was found outside the building.

The on-site inspectors entered the lobby of the building and stated their purpose to the security guard. After communicating, they obtained permission to enter.

However, after arriving at the target floor, no obvious signage for the office area of Excel Yatırım was found. Since the company does not exist in the building at all, the on-site inspectors could not enter the interior, nor could they take photos of the front desk and its logo, and the office is not a shared office.

The interior of the company could not be observed through the glass door either, because there is no office area of the company at all. The overall situation does not match its claimed location.

Therefore, after the on-site inspection, it is confirmed that the broker Excel Yatırım does not exist at the above address.

Conclusion

The site inspectors went to the UK as planned to visit forex broker Excel Yatırım in person. At its publicly displayed business address, they could not see the company name or other information of the broker, indicating that the broker does not have a real place of business. Investors should make their choice after comprehensive consideration.

Disclaimer

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