Purpose

The UK foreign exchange market is one of the important global foreign exchange markets formed through a long-term development process. It features a long history, a large trading scale, and numerous market participants. It holds a pivotal position in global foreign exchange trading, attracting a large number of investors and financial institutions. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the field survey team visited the UK for an on-site inspection.

Process

The field investigation team visited the forex broker CBCX in the UK as planned. According to public information, its office address is Moor House First Floor, 21 London Wall, London, EC2Y 5ET, United Kingdom.

A professional and experienced on-site inspection team, with a sense of mission to strictly screen for investors, followed a meticulous plan and traveled to the UK. They conducted a field verification of the broker CBCX, which claims to be located at Moor House First Floor, 21 London Wall, London, EC2Y 5ET, United Kingdom.

The inspection personnel arrived at the target building, which is located in a bustling area of central London, with a clean surrounding environment and a strong commercial atmosphere. However, no company signage or related information of CBCX was found outside the building.

The inspection personnel entered the first floor of the building and explained their purpose to the security guard. After communication, they obtained entry permission.

After arriving at the target floor, the inspection personnel found no obvious signage for CBCX's office area. Since no information about the company was found, the inspection personnel could not enter the interior and were unable to take photos of the reception area or its logo.

Through the glass door, the inspection personnel could not observe the company's internal environment. The overall situation did not match its claimed location. After arrival, it was confirmed that the address was correct, but no information about the broker was found. Upon inquiry, the security guard stated that the company did not exist, leading to the conclusion that it is false.

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

Conclusion

The inspection team went to the UK as planned to visit the forex broker CBCX on-site. At its publicly displayed business address, they could not see the broker's company name or other information, indicating that the broker does not have a real business location. Investors are advised to make their decisions after comprehensive consideration.

Disclaimer

The above content and opinions are for reference only and are not the basis for final decisions.