Purpose

The UK foreign exchange market is one of the globally significant foreign exchange markets formed through a long-term development process, possessing a long history and a highly developed financial system. It is characterized by large trading volume, flexible trading hours, and numerous market participants, holding a pivotal position in global foreign exchange trading. To help investors or practitioners gain a more comprehensive understanding of forex brokers in the UK, the on-site inspection team conducted field visits in the UK.

Process

In this period, the on-site inspection team went to the UK as planned to conduct a field visit to the forex broker InfiveTrade. According to publicly available information, its office address is 125 Old Broad Street, City Of London EC2N 1HN.

A professional and experienced site inspection team, driven by a sense of mission to strictly safeguard investors, meticulously planned and proceeded to the target area in the UK to conduct an on-site verification of the trader InfiveTrade claiming to be located at the aforementioned address.

The inspectors successfully arrived at the target building, located in the heart of London's financial district, surrounded by a bustling environment and a strong commercial atmosphere. However, no company signage or related information for InfiveTrade was found outside the building. The directory board inside the building also did not contain any information about this company.

The inspectors entered the lobby of the building and explained their purpose to the security personnel. After communication, they were granted permission to enter.

Since no information about the company was found, the inspectors could not access the interior and were unable to photograph InfiveTrade's office area and reception desk. Furthermore, the office area was not a shared workspace.

From the lobby area, the inspectors could not observe the company's internal environment, decor style, or employee activities. No information about this trader was found. Upon inquiry with staff, they were informed that there was no such company, leading to the judgment that it was false.

Therefore, after the site inspection, it was confirmed that trader InfiveTrade does not exist at the aforementioned address.

Conclusion

The on-site inspection team visited the forex broker InfiveTrade in the UK as planned. At its publicly displayed business address, the company name and other information of the broker could not be seen, 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 sole basis for final selection.