Purpose

The UK foreign exchange market is a long-established and highly developed international forex market, occupying an important position in global forex trading, with a mature regulatory system and active trading atmosphere. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the survey team went to the UK for on-site visits.

Process

The field investigation team plans to visit the forex broker DPS in the UK as scheduled. According to public information, its office address is 7 Copperfield Road, Coventry, West Midlands, CV2 4AQ, England, United Kingdom.

A professional and experienced on-site inspection team, with a sense of mission to strictly scrutinize for investors, followed a meticulous plan and went to the UK. They conducted an on-site verification of the broker DPS claiming to be located at 7 Copperfield Road, Coventry, West Midlands, CV2 4AQ, England, United Kingdom.

The on-site inspectors arrived at the target address. No obvious company-related features were found in the surrounding environment, and the overall business atmosphere was average. No company signage or related information was found outside the building.

The inspectors entered the building lobby. After explaining their purpose to the security guard, they obtained permission to enter. However, no company directory listing was found inside the building, nor was the company logo seen.

Due to the inability to determine the specific floor and location, the inspectors could not reach the target floor, and thus could not confirm whether the company's office area had obvious signage or security measures, nor could they enter the company interior. At the same time, they were unable to take photos of the reception desk or its logo. The office space was not a shared office.

Through the public areas of the building, due to the inability to enter the company, they could not observe the internal environment, decoration style, or employee activities. Upon arrival, they confirmed that the address was correct, but found no information about the broker. Inquiring with the nearby manager, they were informed that the company did not exist, leading to the conclusion that it was fraudulent.

Therefore, after the on-site inspection, it was confirmed that the broker DPS does not exist at the above address.

Conclusion

The field investigator went to the UK as planned to visit forex dealer DPS in person. At its publicly displayed office address, the company name and other information of the dealer could not be seen, indicating that the dealer does not have a real business premises. Please make your choice after comprehensive consideration.

Disclaimer

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