Purpose

The UK foreign exchange market is a major international forex market that has developed over a long historical process. It is characterized by large trading volume, a wide variety of trading instruments, and a broad range of market participants. As one of the core hubs of global forex trading, it occupies a pivotal position in the international financial field. To help investors or practitioners gain a more comprehensive understanding of forex brokers in the region, the fact-finding team traveled to the UK for an on-site visit.

Process

The team went to UK to visit the forex broker 99FX. According to public information, its office address is 128 City Road, London, United Kingdom, EC1V 2NX.

A professional and experienced team, with a sense of mission to strictly vet investors, went to the UK according to a careful plan. They conducted an on-site verification of the broker 99FX, which claims to be located at 128 City Road, London, United Kingdom, EC1V 2NX.

The team arrived at the target building, which is located in a bustling area of London with a lively surrounding environment and a strong commercial atmosphere. However, no company sign or related information of 99FX was found outside the building.

The team entered the building lobby and stated the purpose to the security guard. After communication, no entry permission was granted.

The site inspectors did not find any company signboard of 99FX around the building, nor did they see the company's LOGO. Since the specific floor and location could not be confirmed, they could not reach the target floor. So they could not enter the interior of 99FX, nor could they take photos of the reception area or its LOGO. The office was not a shared office.

After arrival, the team confirmed that it was the right address, but no information about the broker was found. The security guard informed that there was no such company, so it was judged to be false. Therefore, after the site inspection, it was confirmed that the broker 99FX does not exist at the above address.

Conclusion

As planned, an on-site visit was made to the forex broker 99FX in the UK. At its publicly displayed business address, the broker's company name and other information were not visible, indicating that the broker does not have a real business premises. Investors are advised to make their decision after comprehensive consideration.

Disclaimer

The above content and opinions are for reference only and do not serve as the basis for final decisions.