Purpose

The UK foreign exchange market is a globally significant market formed through long-term development, with a long history and active trading, characterized by a high degree of internationalization and diversification. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team conducted field visits in the UK.

Process

The team visited the forex broker SOHO International in the United Kingdom as planned. According to public information, its office address is 20 Primrose St, Broadgate, London EC2M 3AF, United Kingdom.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, proceeded according to a meticulous plan to the target area in the United Kingdom. They conducted a physical inspection of the broker SOHO International, which claims to be located at 20 primrose st, broadgate, london ec2m 3af, united kingdom.

The inspectors arrived at the target building  successfully, which is located in a specific area of London, with a relatively bustling surrounding environment and a strong commercial atmosphere. However, no signage or relevant information of the company was found on the exterior of the building.

The inspectors attempted to enter the building lobby and explained their purpose to the security guard. However, after communication, they were not allowed to enter. Upon inquiry, the security guard stated that there was no such company.

Since no company-related information was found, the inspectors could not enter the interior, could not confirm whether there were clear signs of SOHO International in the office area, could not take photos of the reception area and its LOGO, and the building was not a shared office space.

Through the glass door, and being unable to enter, the inspectors could not observe the company's internal environment, found no information about this broker, and concluded it was false.

Therefore, after the on-site inspection, it was confirmed that broker SOHO International does not exist at the aforementioned address.

Conclusion

The on-site inspectors visited the forex broker SOHO International in the UK as planned. At its public business address, no information, such as the broker's company name, was visible, indicating that the broker does not have a genuine physical business location. Investors are advised to make their choice after comprehensive consideration.

Disclaimer

The above content and views are for reference only and should not be used as the sole basis for final choice.