Purpose

The UK forex market is an internationally significant forex market formed through a long-term development process, characterized by a long history, active trading, and strict regulation. It occupies an important position in global forex trading, with numerous international financial institutions and forex brokers conducting business here. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team conducted a field visit to the UK.

Process

The on-site inspection team visited the forex broker AXIS SPHERE TRADE in the UK as planned. According to publicly available information, its office address is 27 Old Gloucester Street, London, United Kingdom, WC1N 3AX.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, proceeded to the target area in the UK according to a meticulous plan. They conducted a physical verification of the broker AXIS SPHERE TRADE, which claims to be located at the aforementioned address.

The inspection personnel arrived at the area containing the target address. The location is situated in a relatively bustling district of London, with a tidy surrounding environment and a strong commercial atmosphere. However, no company signage or related information for AXIS SPHERE TRADE was found on the exterior of the building.

The inspection personnel successfully entered the lobby, where they could see facilities such as classrooms of the teaching building inside.They found no office area of AXIS SPHERE TRADE.

Since this address is actually a teaching building of UCL and not a trading firm's office, the on-site investigator was unable to enter the so-called company premises. Furthermore, they could not photograph its reception area. The location is also not a shared office.

Through the public area, this place is not the office environment claimed by the trading firm. The overall situation does not match its claimed positioning.

Therefore, after the on-site investigation, it is confirmed that the trading firm AXIS SPHERE TRADE does not exist at the aforementioned address.

Conclusion

The on-site inspection team visited the foreign exchange broker AXIS SPHERE TRADE in the UK as planned. At its publicly displayed 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 physical business location. Investors are advised to make their choice after comprehensive consideration.

Disclaimer

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