Purpose

The UK foreign exchange market is a long-standing international forex market. Since modern times, it has become one of the core hubs for global foreign exchange trading, leveraging its unique geographical location, well-developed financial system, and highly advanced financial services industry. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the team conducted on-site visits in the UK.

Process

The team went to the UK as planned to conduct an on-site visit of the forex broker TrueVelocity Capital. According to public information, its office address is Eagle House, 5th Floor, Marshall Street, London, England, W1F 9BQ.

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. They conducted an on-site inspection of the broker TrueVelocity Capital, which claims to be located at eagle house 5th floor, marshall street, london, england, w1f 9bq.

The team arrived at the target building  successfully, which is located at Marshall Street in London, with a relatively bustling surrounding environment and strong commercial atmosphere. However, no signage or relevant information of the company was found on the exterior of the building.

The team entered the building lobby, which appeared to be a clothing store.

The team discovered that there was no directory listing about the company within the building, nor did they see the company's LOGO. Since no signage of the company was found, and after inquiring with the staff, it was learned that the company TrueVelocity Capital was not present in the building. Therefore, they were unable to reach the specific floor to confirm the exact location, nor could they enter the company's interior or photograph the reception area. The rest of the building is not a shared office space.

Through the glass door, as they were unable to enter the company's interior, the team could not observe the internal environment, style of decoration, or employee activities of the company. Overall, upon arrival, it was confirmed to be the address, but no information regarding the broker was found. It is concluded that the office address claimed by the broker is false.

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

Conclusion

The team visited the forex broker TrueVelocity Capital at its publicly displayed business address in the UK as planned, but could not find information such as the broker's company name at the location, indicating that the broker does not have a genuine physical 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.