Purpose

The UK foreign exchange market is a long-established and highly developed international forex market, occupying a central position in global forex trading, with a comprehensive regulatory system and an active trading atmosphere. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the survey team conducted an on-site visit to the UK.

Process

This issue's survey team went to the UK as planned to visit the forex broker ProFocus Capital. According to public information, its office address is ProFocus Capital Ltd, 21 Old Gloucester Street, London WC1N.

A professional and experienced field verification team, with a sense of mission to strictly check for investors, went to the UK according to a meticulous plan. They conducted an on-site inspection of the broker ProFocus Capital claiming to be located at ProFocus Capital Ltd, 21 Old Gloucester Street, London WC1N.

The field verification personnel successfully arrived at the target building, which is located in a specific area of London with a relatively bustling surrounding environment and a strong commercial atmosphere. However, no company logo or related information of the broker was found outside the building.

The field verification personnel entered the lobby of the building and stated their purpose to the security guard. After a brief communication, they obtained permission to enter.

However, inside the building, no signboard of the broker was found, nor was its logo seen. Unable to confirm the specific floor and location, the field verification personnel could not reach the target floor. Naturally, they could not enter the company, nor could they take photos of the front desk and its logo. The office was not a shared office either.

From the lobby area, the field verification personnel, unable to enter the company, could not observe the internal office environment. After arrival, they confirmed the address, but found no information about the broker. After inquiring with the security guard, they were told that there was no such company, and concluded that the address was false.

Therefore, after the field verification, it was confirmed that the broker ProFocus Capital does not exist at the above address.

Conclusion

On-site surveyors visited forex broker ProFocus Capital in the UK as planned, but at its publicly displayed business address, they could not find the broker's company name or any other information, indicating that the broker does not have a genuine place of business. Investors should make their choice after comprehensive consideration.

Disclaimer

The above content and opinions are for reference only and do not constitute the basis for final selection.