Purpose

The UK foreign exchange market is one of the globally significant forex markets formed through a long historical development process. It is characterized by large trading volume, a rich variety of trading products, and numerous market participants, holding a pivotal position in international 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

The on-site inspection team visited the forex broker Elite Trader Profit in the UK as planned. According to public information, its office address is Wenlock Road 20 - 22 N1 7GU London, United Kingdom.

A professional and experienced on-site verification team, driven by a sense of mission to rigorously vet for investors, proceeded to the United Kingdom according to a meticulous plan to conduct a physical verification of the broker Elite Trader Profit, which claims to be located at Wenlock Road 20 - 22 N1 7GU London, United Kingdom.

The verification personnel successfully arrived at the target building, located in central London on a not-so-bustling street. The surrounding environment is relatively quiet, with a moderate commercial atmosphere. From the exterior, the office building is decently maintained, but no signage or relevant information for the company was found on the outside of the building.

The verification personnel entered the building lobby and stated their purpose to the security guard or staff. After brief communication, they obtained permission to enter. However, no directory board for the company was found inside the building, nor was the company's LOGO seen.

As the specific floor and location could not be determined, the verification personnel were unable to reach the target floor to confirm the company's office area situation. This office is a shared workspace, with many financial companies registered here. The reception desk could not provide any information about the Elite Trader Profit company, and access to the company's interior to observe its internal office environment was also not possible.

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

Conclusion

The on-site inspector visited the forex broker Elite Trader Profit in the UK as planned. At its publicly displayed business address, no information such as the broker's company name was visible, indicating that the broker does not have a genuine business premises. Investors are advised to make their choice after comprehensive consideration.

Disclaimer

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