Purpose

The UK foreign exchange market is a long-established and highly developed international forex market, occupying an important position in global forex trading. It is characterized by large trading volumes, a wide variety of trading instruments, and a large number of market participants. In order to help investors or practitioners gain a more comprehensive understanding of forex dealers in the region, our survey team went to the UK for an on-site visit.

Process

The on-site inspection team went to the UK as planned to visit the forex broker Legalhextrade. According to public information, its office address is 3 Middlesex Street, London United Kingdom, E1 7AA.

A professional and experienced on-site inspection team, with a sense of mission to strictly vet for investors, followed a meticulous plan and traveled to the UK. They conducted a physical verification of the broker Legalhextrade, which claims to be located at 3 Middlesex Street, London United Kingdom, E1 7AA.

The on-site inspectors arrived at the target building, located in a specific area of London. The surrounding environment was relatively bustling with a strong commercial atmosphere. However, no signage or relevant information of the company was found on the exterior of the building.

The on-site inspectors entered the building lobby and stated their purpose to the security guard. After communication, they were not granted entry.

However, upon arriving outside the building, no obvious signage or security measures for Legalhextrade's office area were found. Since there was no company directory or similar information for this company inside the building, the on-site inspectors could not confirm its specific location and thus could not enter.

The team was unable to photograph the reception area or its logo. The office is not a shared office.

Through the glass door, the on-site inspectors could not observe the interior environment because they were unable to enter. After arriving, the address was confirmed, but no information about the broker was found. Upon inquiry, the security guard stated that no such company existed. The overall situation does not match the broker's claimed location.

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

Conclusion

The on-site investigators went to the UK as planned to physically inspect forex broker Legalhextrade. At its publicly displayed business address, they did not see the broker's company name or other information, indicating that the broker does not have a real business premises. Investors are advised to make their decisions after comprehensive consideration.

Disclaimer

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