Purpose

The UK foreign exchange market is a globally significant foreign exchange market formed through a long-term process of financial development, with a long history and a high degree of openness and liquidity. It occupies a crucial position in global foreign exchange trading, with numerous international financial institutions and forex brokers conducting business here. 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 a field visit.

Process

In this issue, the on-site inspection team visited the forex broker EquityMCapital's UK office as scheduled. According to publicly available information, its office address is Golden Cross House, 8 Duncannon St, London WC2N4JF.

A professional and experienced on-site inspection team, driven by a sense of mission to strictly vet for investors, followed a meticulous plan and traveled to the United Kingdom to conduct an on-site verification of the broker EquityMCapital that claims to be located at Golden Cross House, 8 Duncannon St, London WC2N4JF.

The inspectors successfully arrived at the target building. The building is located in the core area of central London, with very bustling surrounding streets and a strong commercial atmosphere. However, no signage or related information of the company was found on the exterior of the building.

The inspectors entered the building lobby, stated their purpose to the security personnel, and after communication, obtained permission to enter.

However, upon reaching the target floor, due to the lack of clear signage for the company and the inability to confirm the specific location, the inspectors were unable to reach the specific floor to confirm the company's exact location. At the same time, they were also unable to photograph a reception desk, as the office was a shared workspace.

From the lobby area, as they could not enter the company's interior, the inspectors were unable to observe the internal office environment. Overall, they could not confirm whether it matched the positioning claimed by the company.

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

Conclusion

The on-site inspection team, as planned, visited the UK to conduct an on-site investigation of the forex broker EquityMCapital. 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 business premises. 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.