Purpose

The UK foreign exchange market is a globally significant international forex market formed through a long historical development process. It features an enormous trading volume, a rich variety of trading currencies, and flexible trading hours, 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 a physical visit.

Process

The on-site inspection team visited the forex broker FIMATRON in the UK as planned. According to public information, its office address is 2 London Wall, London EC2Y 5AU, United Kingdom.

A professional and experienced on-site inspection team, driven by a sense of mission to strictly vet for investors, proceeded according to a well-planned schedule to the target area in the United Kingdom. They conducted a physical inspector of the broker FIMATRON, which claims to be located at 2 London Wall, London EC2Y 5AU, United Kingdom.

The inspectors arrived at the target building  successfully. It is situated in a bustling area of London, with a clean surrounding environment 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 guard, and after brief communication, they were allowed to enter.

However, no directory listing about the company was found inside the building, nor was the company's information or logo seen on the internal directory boards. Upon inquiry, the staff informed them that there was no such company.

As the specific floor and location could not be confirmed, the inspectors were unable to reach the specific floor to verify the company's office area. In this regard, they could not enter the company's interior, photograph the reception area or its logo, and the office was also not a shared office space.

The inspectors found no information regarding this broker, leading to the judgment that it is false. Therefore, after the on-site inspection, it was confirmed that broker FIMATRON does not exist at the aforementioned address.

Conclusion

The on-site inspector visited the forex broker FIMATRON in the UK as planned. At its public business address, no information, such as the company name of this broker, could be seen, indicating that the broker does not have a genuine business premises. 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 choice.