Purpose

The UK foreign exchange market is one of the globally important foreign exchange markets formed through a long historical development process. It features characteristics such as large trading volume, flexible trading hours, and numerous financial institutions, 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 conducted a physical visit to the UK.

Process

This site visit team went to the UK as scheduled to conduct an on-site inspection of the forex broker PROFIT BASE INVESTMENT. According to publicly available information, its office address is England Wales, 71 - 75 Shelton St, WC2H 9JQ, United Kingdom.

A professional and experienced site visit team, driven by a sense of responsibility to rigorously safeguard investors, proceeded according to a well-planned schedule to the target area in the UK to conduct an on-site verification of the brokerage firm PROFIT BASE INVESTMENT claiming to be located at this address.

The site visit personnel successfully arrived at the target area. The surrounding environment of the location was relatively bustling, with a strong commercial atmosphere. However, no signage or relevant information of the brokerage firm PROFIT BASE INVESTMENT was found outside the building.

The site visit personnel attempted to enter the building lobby and explained their purpose to the security guard. However, after inquiring with the security guard, they learned that there was no such company and could not obtain entry permission.

The on-site inspection team was unable to reach the target floor to confirm the specific location, nor did they find the office area of PROFIT BASE INVESTMENT. They were unable to take pictures of its reception area and logo, and the office was not a shared office. 

Therefore, after the physical inspection, it was confirmed that broker PROFIT BASE INVESTMENT does not exist at the aforementioned address.

Conclusion

The on-site investigator went to the UK according to the plan to conduct a physical visit to the forex broker PROFIT BASE INVESTMENT. At the publicly displayed business address, they could not see information such as the company name of this broker, 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 opinions are for reference only and should not be used as the final basis for selection.