Purpose

The UK foreign exchange market is a historic international forex market with a development history dating back hundreds of years, possessing a highly developed financial system and a comprehensive regulatory mechanism. As one of the important hubs for global foreign exchange trading, the UK forex market features a large trading volume, strong liquidity, and a rich variety of trading products. 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

As planned, the on-site inspection team visited the UK to conduct a field inspection of the forex broker ASSET EMPOWERMENT. According to public information, its office address is 55 Wells Street, London W1T 3PT.

A professional and experienced on-site inspection team, driven by a sense of mission to strictly vet for investors, proceeded to the target area in the UK according to a well-planned schedule. They conducted a physical inspection of the broker ASSET EMPOWERMENT, which claims to be located at 55 Wells Street, London W1T 3PT.

The inspectors arrived at the target building  successfully. It is situated in a bustling area of London, with a clean surrounding environment and a strong commercial atmosphere. However, no company signage or relevant information about this broker was found on the exterior of the building.

The inspectors entered the building lobby and stated their purpose to the security guard. After communication, they were allowed to enter.

Although they entered the building, photography was not permitted. No directory listing about this broker was found inside the building, nor was any logo related to the broker seen. As the specific floor and location could not be determined, the inspectors were unable to reach the target floor.

As further access was not possible, from the lobby area, the inspectors could not observe the company's internal environment and found no information regarding this broker. Upon inquiry, the reception staff stated that there was no such company, leading to the judgment that it is false.

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

Conclusion

The on-site inspection team visited the forex broker ASSET EMPOWERMENT in the UK as planned, but at its public business address, they were unable to see any information such as the broker's company name, indicating that the broker does not have a genuine business premises. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

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