Purpose

The UK forex market has evolved over a long period of financial development to become a globally significant forex market, characterized by its long history, large trading volume, and diverse range of trading products. As one of the international financial centers, forex trading activities there are very active. To assist investors or practitioners in gaining a more comprehensive understanding of forex brokers in this region, our on-site inspection team traveled to the UK for a physical visit.

Process

The on-site inspection team went to the United Kingdom as planned to conduct an on-site visit to the forex broker KISTOSS. According to publicly available information, its office address is St James's Square, London.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously screen for investors, proceeded according to a well-planned schedule to the target area in the United Kingdom. They conducted a physical verification of the broker KISTOSS, which claims to be located at this address.

The inspection personnel arrived at the target area, located at St James's Square in London. The surrounding environment and commercial atmosphere are difficult to accurately describe as the company does not exist. No signage or relevant information for this company was found on the exterior of the building.

The inspection personnel attempted to enter the building but were unable to obtain access permission and could not enter. Looking into the building, no directory plate or logo for this company was found; in fact, the location was a clothing store.

Due to the inability to enter the building, the inspection personnel could not reach a specific floor or confirm the exact location, nor could they enter the company's interior or photograph its reception area. The office was not a shared workspace. Through the building's main door, the company's internal office environment could not be observed, and the existence of the company could not be confirmed.

Upon arrival, the inspection personnel found no information whatsoever regarding this broker, leading to the judgment that it is fictitious.

Therefore, after the on-site inspection, it is confirmed that broker KISTOSS does not exist at the aforementioned address.

Conclusion

The survey personnel went to the UK according to plan to conduct a physical inspection of the forex broker KISTOSS. At its publicly displayed business address, they could not see information such as the company name of this broker, indicating that this broker does not have a genuine business premises. 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 basis for final selection.