Purpose

The UK foreign exchange market is a long-established global forex market with a highly developed financial system and extensive trading experience, occupying an important position in international forex trading. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the team went to the UK for an on-site visit.

Process

The team visited the forex broker BynaPAY in the UK as planned. According to public information, its office address is The Tea Building, Shoreditch High Street London, United Kingdom E1 6JJ.

A professional and experienced team, with the mission of conducting strict checks on behalf of investors, traveled to the United Kingdom according to a well-planned itinerary. They conducted an on-site inspection of the broker BynaPAY, which claims to be located at The Tea Building, Shoreditch High Street London, United Kingdom E1 6JJ.

The team arrived smoothly at The Tea Building, located on Shoreditch High Street. Although the surrounding environment was not explicitly mentioned, the overall commercial atmosphere seemed average. No company signage or related information for BynaPAY was found outside the building.

The team entered the building lobby and stated their purpose to the security guard. After communication, they were granted permission to enter.

However, no company nameplate for BynaPAY was found inside the building, nor was its LOGO seen. Since the specific floor and location could not be confirmed, the team was unable to reach the target floor. As no company-related information was found, they could not enter the company's interior, let alone photograph the front desk and its LOGO. Additionally, this office is not a shared office.

Even through the glass doors, the internal office environment could not be observed, as they were not allowed in at all. After arrival, the address was confirmed, but no information about the broker was found. When asked, the security guard stated that there was no such company, leading to the conclusion that it is fraudulent.

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

Conclusion

The team went to the UK as planned to visit forex broker BynaPAY in person. 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 should consider comprehensively before making a choice.

Disclaimer

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