Purpose

The UK foreign exchange market is one of the important global foreign exchange markets formed during the long-term financial development process. It has a long history, active trading, and strong liquidity. It occupies a key position in global foreign exchange trading, with numerous international financial institutions and investors conducting foreign exchange transactions here. To help investors or practitioners gain a more comprehensive understanding of foreign exchange brokers in this region, the on-site inspection team conducted a field visit to the UK.

Process

This time, the on-site inspection team went to the UK as planned to conduct a field visit to the forex broker Spreadex. According to publicly available information, its office address is 207, 211 Old St, London EC1V 9NR, United Kingdom.

A professional and experienced on-site inspection team, with a sense of mission to strictly scrutinize for investors, followed a well-planned itinerary to the United Kingdom. They conducted a field verification of the broker Spreadex alleged to be located at 207, 211 Old St, London EC1V 9NR, United Kingdom.

The on-site inspectors arrived smoothly at the target building, which is located on an old street in London. The surrounding environment is relatively bustling with a strong commercial atmosphere. However, they did not find the company logo or any related information of broker Spreadex outside the building.

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

The on-site inspectors did not see any information related to Spreadex at the building's front desk, nor were they able to photograph the front desk or its logo. The office area is not a shared office.

Through the glass door, since they were unable to enter the company's interior, the on-site inspectors could not observe the internal environment, decoration style, or employee activities. After arrival, they confirmed that this is the address, but found no information about the broker. Upon inquiry, the security guard told them that this company does not exist, and they judged it to be fake.

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

Conclusion

The inspectors went to the UK as planned to conduct an on-site visit to forex broker Spreadex. At its publicly displayed business address, they were unable to see the broker's company name or other information, indicating that the broker does not have a real business premise. Investors are advised to make their decision after comprehensive consideration.

Disclaimer

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