Purpose

The UK foreign exchange market is a long-established and highly developed international foreign exchange market. Since the gradual improvement of the modern financial system, it has maintained a core position in global foreign exchange trading, relying on its mature financial system, advanced trading technology, and extensive global influence. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team traveled to the UK for field visits.

Process

The on-site inspection team visited the forex broker CFS in the UK as planned. According to public information, its office address is 55 Riding House Street London W1W 7EE UNITED KINGDOM.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, traveled to the United Kingdom according to a well-planned schedule to conduct a physical verification of the broker CFS claiming to be located at 55 Riding House Street London W1W 7EE UNITED KINGDOM.

The inspectors successfully arrived at the target building. The location is on a less bustling street in central London, a small building with a relatively quiet surrounding environment and average commercial atmosphere.

On the directory board outside the building's entrance, three company names could be seen, but the CFS company that needed to be inspected was not listed.

The inspectors attempted to enter the building but found the main door locked. After stating their purpose to the security guard or staff, they were not granted permission to enter.

Due to the inability to enter the building, they could not reach the target floor, nor could they confirm whether the CFS company's office area had clear signage or security measures. The inspectors could not enter the interior, nor could they photograph the reception area and its logo. This office space was not a shared office.

Through the locked door, the inspectors were unable to observe the company's internal environment and other conditions.

Therefore, after the on-site inspection, it was confirmed that broker CFS does not exist at the aforementioned address.

Conclusion

The on-site inspection team visited the forex broker CFS in the UK as planned. At its publicly displayed business address, they were unable to see information such as the broker's company name, indicating that the broker does not have a genuine physical business location. Investors are advised to make their choice after comprehensive consideration.

Disclaimer

The above content and views are for reference only and should not be used as the final basis for selection.