Purpose

The UK foreign exchange market is a long-established and highly developed international forex market. Since the development of the modern financial system, it has become one of the core hubs for global foreign exchange trading, leveraging its advantageous geographical location, well-developed financial infrastructure, and open regulatory environment. 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

In this issue, the on-site inspection team went to the United Kingdom as planned to conduct a field visit to the forex broker Cloud Mining FX. According to public information, its office address is 65 Gresham St, London EC2V 7NQ, United Kingdom.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, proceeded according to a meticulous plan to the United Kingdom to conduct a physical verification of the broker Cloud Mining FX, which claims to be located at 65 Gresham St, London EC2V 7NQ, United Kingdom.

The inspection personnel successfully arrived at the target building, located in the core area of the City of London. The surrounding area should have been a bustling district with a strong commercial atmosphere and numerous financial institutions. However, during this inspection, it was discovered that the building was under renovation. No company signage or relevant information for Cloud Mining FX was found on the exterior of the building.

As the building was under renovation, surrounding barriers and construction facilities were in place, and construction personnel were stationed at the entrance. The inspection personnel stated their purpose to the construction workers, who indicated that non-construction personnel were currently not permitted to enter. The inspection personnel were unable to obtain entry permission.

Due to the inability to enter the building, it was also impossible to reach the target floor to confirm the status of Cloud Mining FX's office area. Furthermore, this office location was not a shared workspace.

Through the barriers and construction facilities, the inspection personnel were unable to observe the internal environment of the company and other related conditions. Overall, it was impossible to confirm whether it aligns with the positioning claimed by this broker.

Therefore, after the on-site inspection, it cannot be confirmed whether broker Cloud Mining FX exists at the aforementioned address.

Conclusion

The on-site inspector visited the forex broker Cloud Mining FX at its publicly displayed business address in the UK as planned. The broker's company name and other information could not be seen at the location. Due to building renovations, entry was not possible, and it could not be confirmed whether the broker maintains 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 selection.