Purpose

The UK foreign exchange market is a globally important forex market formed through a long historical development process, characterized by large trading scale, flexible trading hours, and numerous financial institutions. As one of the international financial centers, it has a long and mature history of foreign exchange trading. In order to help investors or practitioners gain a more comprehensive understanding of forex dealers in this region, the on-site inspection team went to the UK for a field visit.

Process

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

A professional and experienced on-site inspection team, with a mission to strictly vet for investors, traveled to the UK according to a meticulous plan. They conducted an on-site verification of the broker DaxFinances claiming to be located at 11 Westferry Circus 2nd Floor, Westferry House Canary Wharf London E14 4HE United Kingdom.

The on-site inspectors successfully arrived at the target building, which is located in an important financial district in London, UK. The surrounding area is bustling with a strong commercial atmosphere. However, no company signage or relevant information was found outside the building.

The on-site inspectors entered the building lobby and explained their purpose to the security guard. After communication, they obtained permission to enter.

However, no company directory listing or company logo was found inside the building. Since the specific floor and location of the company could not be confirmed, the on-site inspectors were unable to reach the specific floor.

After failing to reach the target floor, the on-site inspectors naturally could not enter the company's interior. They could not take photos of the reception desk or its logo, and the office was not a shared office.

Upon arrival, the on-site inspectors confirmed that it was the address, but found no information about the broker. Inquiries with the security guard indicated that the company did not exist, leading to the conclusion that it was fraudulent. Therefore, after the on-site inspection, it was confirmed that the broker DaxFinances does not exist at the above address.

Conclusion

The field investigators went to the UK as planned to physically inspect the forex broker DaxFinances. At its publicly displayed business address, they could not see the company name or other information of the broker, indicating that the broker does not have a genuine business premises. Investors are advised to make a decision after comprehensive consideration.

Disclaimer

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