Purpose

The UK foreign exchange market is a globally significant foreign exchange market formed through a long historical development process, characterized by large trading volume, a rich variety of trading instruments, and numerous market participants. As one of the international financial centers, it holds a key position in the field of 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 a physical visit.

Process

The on-site inspection team visited the forex broker OrbisDL in the UK as planned. According to publicly available information, its office address is 71 - 75 Shelton Street, Covent Garden, London, United Kingdom, WC2H 9JQ.

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 OrbisDL claiming to be located at 71 - 75 Shelton Street, Covent Garden, London, United Kingdom, WC2H 9JQ.

The inspection personnel successfully arrived at the target building, located in London's Covent Garden, with a relatively strong commercial atmosphere and bustling streets in the surrounding area. No signage or relevant information of the company was found on the exterior of the building.

The team entered the lobby of the building and explained their purpose to the security guard. However, after a brief communication, permission to enter was not granted.

However, before entering the building, they were informed that this was a virtual office with no physical workspace. Therefore, it was impossible to reach the target floor, and no clear signage for the OrbisDL office area was found. Since there was no physical office space to begin with, the inspection personnel could not enter the interior, and this was a shared office space.

From the lobby area, as entry to the interior was not possible, the internal company environment and other conditions could not be observed. Overall, it did not align with its possible claim of having a physical office location.

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

Conclusion

The on-site inspector visited the forex broker OrbisDL in the UK as planned. At its publicly displayed business address, no information such as the broker's company name was visible, indicating that the broker does not have a genuine physical business location. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

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