Purpose

The UK foreign exchange market is a global forex market formed through a long history of financial development. It has a long-standing history, well-established trading rules, numerous market participants, and a massive trading scale, occupying a pivotal position in international forex trading. To help investors or practitioners gain a more comprehensive understanding of UK forex brokers, the fact-finding team traveled to the UK for an on-site visit.

Process

This verification team planned to visit the forex broker XTEND TRUST in the UK, according to public information, its office address is Office 32B 182 - 184 High Street North Area 1/1 East Ham London E6 2JA.

A professional and experienced on-site verification team, with the mission of strictly guarding for investors, went to the UK according to a thorough plan. They conducted an on-site verification of the broker XTEND TRUST claiming to be located at Office 32B 182 - 184 High Street North Area 1/1 East Ham London E6 2JA.

The verification personnel arrived smoothly at the target building, located in the East Ham area of London, UK. The surrounding streets were rather ordinary, with average commercial atmosphere. No company signage or relevant information of the broker was found outside the building.

The verification personnel entered the lobby of the building and stated their purpose to the security guard. After a brief communication, they obtained permission to enter.

However, no signage of the broker was found around the building, nor any logos related to the broker. Since the specific floor and location could not be confirmed, the verification personnel could not go to a specific floor to verify the broker's office area.

After arriving, it was confirmed that the address was correct, but no information about the broker was found. After inquiring with the security guard, the guard said there was no such company. Through the lobby area, since they could not enter the interior, they could not observe the internal environment of the company. Therefore, after on-site verification, it was confirmed that the broker XTEND TRUST does not exist at the above address.

Conclusion

The verification team visited the forex broker XTEND TRUST in the UK as planned, but did not see the broker's company name or other information at the publicly displayed business address, indicating that the broker does not have a real business premise. Investors should consider this before making a decision.

Disclaimer

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