Purpose

The UK foreign exchange market is an important international forex market formed through a long historical development. It has a long financial history and a comprehensive financial regulatory system, and is one of the most active and concentrated regions for global forex trading. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the survey team went to the UK for an on-site visit.

Process

The on-site inspection team planned to visit forex broker CPTO Markets in the UK. According to public information, its office address is The Loom 2.5. 14 Gower's Walk London, E1 8PY.

A professional and experienced site visit team, with a sense of mission to strictly vet for investors, went to the UK according to a meticulous plan. They conducted an on-site inspection of the broker CPTO Markets, which is  located at The Loom 2.5. 14 Gower's Walk London, E1 8PY.

The site visit personnel arrived at the target building, which is located in a specific area of London. The surrounding street environment is generally tidy, but the commercial atmosphere is average. No signage or relevant information of the company was found outside the building.

The site visit personnel entered the building lobby and explained their purpose to the security guard. After a brief communication, they obtained permission to enter.

However, no company directory listing or company logo was found inside the building. Unable to determine the specific floor and location, the site visit personnel could not reach the target floor, and thus could not confirm the specific office area of the company. Because no obvious signage of the company was found and they could not enter the company interior, they were unable to photograph the reception area or its logo. This office is not a shared office.

Upon arrival, the address was confirmed, but no information about this broker was found. Upon inquiry, the security guard stated that the company does not exist, so it is deemed to be false. Through the lobby area, due to being unable to enter the company interior, it was impossible to observe the internal environment or other conditions.

Therefore, after the site visit, it is confirmed that broker CPTO Markets does not exist at the above address.

Conclusion

The inspection team went to the UK as planned to visit forex dealer CPTO Markets. At its publicly displayed business address, they could not see the company name or other information of the dealer, indicating that the dealer does not have a real place of business. Investors are advised to make their decision after comprehensive consideration.

Disclaimer

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