Purpose

The UK foreign exchange market is one of the globally important forex markets formed through a long historical development process. It is characterized by huge trading volumes, a wide variety of trading instruments, and diverse market participants. It occupies a central position in global forex trading, with many international financial institutions setting up operations here. In order to help investors or practitioners gain a more comprehensive understanding of forex dealers in this region, the on-site inspection team traveled to the UK for a field visit.

Process

This time, the on-site inspection team went to the UK as planned to visit the forex broker InvoTrade. According to public information, its office address is 11 Westferry Circus 2nd Floor, Westferry House Canary Wharf London E14 4HE United Kingdom.

The professional and experienced site inspection team, driven by a sense of mission to rigorously safeguard investors, traveled to the United Kingdom following meticulous planning. They conducted an on-site verification of the broker InvoTrade, which was claimed to be located at 11 Westferry Circus 2nd Floor, Westferry House Canary Wharf London E14 4HE United Kingdom.

The inspection personnel arrived at the target building smoothly. The location is in a bustling area of London, UK, with a clean surrounding environment and a strong commercial atmosphere. However, outside the building, no company sign or related information about InvoTrade was found.

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

But inside the building, no company signboard for InvoTrade was found. Since the specific floor could not be confirmed, the inspection personnel could not reach the target floor. Naturally, they could not enter the company, nor could they photograph the front desk or its logo. The office is also not a shared office.

From the lobby area, because they were unable to enter the company, the internal environment could not be observed. After arrival, it was confirmed that the address was correct, but no information about the broker was found. When asked, the security guard said that no such company existed, so it was judged to be fictitious.

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

Conclusion

The survey personnel went to the UK as planned to visit forex broker InvoTrade on site. 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 premises. Investors are advised to consider all factors before making a decision.

Disclaimer

The above content and views are for reference only and do not serve as the basis for final decision-making.