Purpose

The UK foreign exchange market is a long-established and highly developed international forex market, holding a significant position since the establishment of the modern financial system. It features characteristics such as large trading volume, flexible trading hours, and a rich variety of financial products, making it one of the core hubs of 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 field visits in the UK.

Process

In this issue, the on-site inspection team visited the forex broker BASEPROFIT in the United Kingdom as planned. According to public information, its office address is 1 Knightsbridge Green, London, SW1X 7QA, United Kingdom.

A professional and experienced on-site verification team, driven by a sense of mission to strictly vet for investors, followed a meticulous plan and traveled to the United Kingdom to conduct a physical inspection of the broker BASEPROFIT claiming to be located at 1 Knightsbridge Green, London, SW1X 7QA United Kingdom.

The verification personnel successfully arrived at the target building, which is located in the core area of central London. The surrounding area is very luxurious, with excellent street environment and a strong commercial atmosphere. This is a decently decorated office building, but no signage or relevant information of the company was found on the exterior of the building.

The verification personnel entered the building lobby and stated their purpose to the security guard. After communication, they obtained permission to enter.

However, upon reaching the target floor, due to the lack of clear company signage and the absence of the company's information on the building's directory board, the specific location could not be confirmed, so the verification personnel were unable to reach the specific floor. Although they could enter the building lobby, there was no company logo inside the building, and it was also impossible to confirm whether the company was related to other financial companies listed on the directory board.

Since they could not reach the specific floor, they could not enter the company's interior or photograph the reception desk. The office was not a shared office space.

From the lobby area, as they could not enter the company's interior, they were unable to observe the internal office environment. The overall situation did not match its claimed positioning.

Therefore, after the on-site verification, it was confirmed that broker BASEPROFIT does not exist at the aforementioned address.

Conclusion

The on-site inspection team visited the forex broker BASEPROFIT in the UK as planned. At its publicly displayed business address, they were unable to see any information such as the broker's company name, indicating that the broker does not have a genuine business premises. Please consider this information comprehensively before making your investment decision.

Disclaimer

The above content and views are for reference only and should not be used as the final basis for selection.