Purpose

The UK foreign exchange market is an internationally significant market that has evolved over a long historical development process. It is characterized by large trading volumes, a rich variety of trading products, and diverse market participants, playing a pivotal role in global foreign exchange trading. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, an on-site inspection team conducted field visits in the UK.

Process

The on-site inspection team visited the forex broker CWFX in the UK as planned. According to public information, its office address is 7 Bell Yard, London WC2A 2JR, UNITED KINGDOM.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to the UK to conduct an on-site verification of the trader claiming to be located at 7 Bell Yard London WC2A 2JR UNITED KINGDOMCWFX.

The field investigator successfully arrived at the target building, which is located in a relatively bustling area with a strong commercial atmosphere. However, no company signage or related information for CWFX was found on the exterior of the building. The overall appearance of the building is quite orderly, with several other commercial establishments nearby.

The inspector arrived in front of the building and found it closed, making entry impossible. The directory at the entrance did not list the company. They then attempted to inquire about the building from people nearby but received no useful information regarding CWFX. Due to the building's closure, the inspector could not enter the lobby to explain their purpose to security or staff and obtain entry permission.

Since access to the building was not possible, naturally it was also impossible to reach the target floor to confirm the office area situation of CWFX. Due to the inability to enter, it was also not possible to photograph the reception desk and its logo, and this office is not a shared workspace.

Through closed building doors and other locations, it is impossible to observe the internal environment of CWFX company and other situations. Overall, the current situation does not match the claimed positioning of having this office address.

Therefore, after on-site verification, it is confirmed that the broker CWFX does not exist at the above address.

Conclusion

The inspection team visited the UK as planned to conduct an on-site visit to the forex broker CWFX. At the publicly displayed business address, no information such as the company name of the broker was found, 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 considered as the final basis for selection.