Purpose

The UK foreign exchange market is an internationally significant foreign exchange market formed through a long historical development process. It is characterized by large trading volume, a rich variety of trading products, and numerous market participants, holding a pivotal position in global foreign exchange trading. 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 on-the-ground visits.

Process

In this issue, the on-site inspection team visited the forex broker Hit Capital Markets in the United Kingdom as planned. According to public information, its office address is 71 - 75 Shelton Street Covent Garden, London, UNITED KINGDOM.

A professional and experienced on-site inspection team, driven by a sense of mission to strictly vet for investors, traveled to the United Kingdom according to a well-planned schedule to conduct a physical verification of the broker Hit Capital Markets claiming to be located at 71 - 75 Shelton Street Covent Garden, London, UNITED KINGDOM.

The inspectors successfully arrived at the target building, located in the bustling Covent Garden area of London, with a vibrant surrounding environment and a strong commercial atmosphere. However, no signage or relevant information of the company was found on the exterior of the building.

The inspectors attempted to enter the building lobby and explained their purpose to the security personnel. However, after communication, permission to enter was not granted.

Therefore, they were unable to reach the target floor and did not find the office area of Hit Capital Markets. As the address is actually a virtual office, the inspectors could not enter the interior; this is a shared office space.

Through the glass door, they were unable to observe the company's internal environment or other details. Upon arrival, it was discovered that the corresponding address is a virtual office, with only company registration and no actual physical office address.

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

Conclusion

The on-site investigator visited the forex broker Hit Capital Markets in the UK as planned. At its publicly displayed business address, no information such as the company name of this broker could be seen, indicating that this 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 sole basis for making a final decision.