Purpose

The UK foreign exchange market is one of the world's important foreign exchange markets formed over a long historical development. It has the characteristics of large trading scale, flexible trading hours, and numerous financial institutions, occupying a pivotal position in global foreign exchange trading. In order to help investors or practitioners gain a more comprehensive understanding of forex dealers in the region, the on-site inspection team went to the UK to conduct field visits.

Process

This on-site inspection team has planned to visit the foreign exchange broker CFD Capitals in the UK according to the schedule. According to public information, its office address is 55 Colmore Row Birmingham, B3 2AA.

A professional and experienced site visit team, with a sense of mission to rigorously vet for investors, went to the UK according to a well-planned itinerary. They conducted an on-site verification of the broker CFD Capitals claiming to be located at 55 Colmore Row, Birmingham, B3 2AA.

The team arrived smoothly at the target building, which is located in an important commercial area of the UK, with a bustling surrounding environment and a strong business atmosphere. However, no company signage or relevant information of CFD Capitals was found outside the building.

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

After entering the building, they carefully searched the lobby but did not find any company directory listing, nor was there any logo of CFD Capitals inside the building. Since they could not determine the specific floor and location of the company, they were unable to go to the specific floor to confirm the exact location, and naturally could not enter the company's interior. At the same time, they could not take photos of the front desk or its logo. The office is not a shared office.

Upon arrival, they confirmed that it was the address, but found no information about this broker. When asked, the security guard said the company did not exist, leading to the conclusion that it is fake. They could not observe the interior through the glass door because they could not enter at all. Therefore, after the site visit, it was confirmed that broker CFD Capitals does not exist at the above address.

Conclusion

The on-site inspection team visited the UK as planned to inspect the forex broker CFD Capitals. At its publicly displayed business address, no company name or other information of the broker was found, indicating that the broker does not have a genuine office. Investors are advised to make their decision after comprehensive consideration.

Disclaimer

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