Purpose

The UK foreign exchange market is a globally important foreign exchange market formed through a long-term financial development process, characterized by a long history, large trading scale, and numerous market participants. As one of the international financial centers, its foreign exchange trading activities are very active. In order to help investors or practitioners gain a more comprehensive understanding of foreign exchange dealers in the region, the on-site inspection team went to the UK for a field visit.

Process

The on-site inspection team for this issue went to the UK as planned to visit forex broker COINDEX LIMITED, and according to public information, its office address is 172 Holliday Street, Birmingham, United Kingdom, B1 1TJ.

A professional and experienced site visit team, driven by the mission to rigorously safeguard investors, traveled to the UK as planned to conduct an on-site verification of the broker COINDEX LIMITED, which claims to be located at 172 Holliday Street, Birmingham, United Kingdom, B1 1TJ.

The site visit personnel successfully arrived at the target building, which is located in a specific area of Birmingham, UK. The surrounding environment is relatively ordinary, and the commercial atmosphere is average. No signage or relevant information of the company was found on the outside of the building.

No company directory listing or LOGO was found around the building. As the specific floor and location of the company could not be determined, the site visit personnel could not reach the specific floor to confirm the exact location, and naturally could not enter the company's interior. At the same time, they could not photograph the reception area or the reception LOGO. This office is not a shared office.

After arrival, the address was confirmed, but no information about the broker was found. The security guard was asked and stated that this company does not exist, so it is judged to be false. Through the lobby area, due to the inability to enter the company's interior, the internal environment and other conditions could not be observed.

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

Conclusion

The site inspection personnel went to the UK as planned to conduct an on-site visit to the forex broker COINDEX LIMITED. At the publicly disclosed business address, they could not see the company name or other information of the broker, indicating that the broker does not have a real business premises. Investors are advised to consider comprehensively before making a decision.

Disclaimer

The above content and opinions are for reference only and do not serve as a basis for final decisions.