Reason for this visit

According to the Reuters, the United Kingdom has expanded its leading position in the field of global FX trading in the years since it voted to leave the European Union. In addition, the British retail foreign exchange market has one of the world's three most stringent regulatory bodies, that is the Financial Conduct Authority (FCA). Many FX dealers take obtaining FCA regulation for pride, and also hope to enter the country to develop market business. To help investors or practitioners have a more comprehensive understanding of the dealers in that country, the survey team is going to UK for site visits.

On-site visit

This time the survey team visited the dealer PARETO in London, UK, with the specific address at 11 Berkeley Street London W1J 8DS UNITED KINGDOM.

According to the above address, the surveyors came to the destination of this survey. It was near a residential area, not far from the downtown business district. Although it was a weekend, the road was not as crowded as the business district. The interior building was bright and spacious. According to the directory, it was learned that the office building was a six-story one. In addition, the surveyors found the nameplate of PARETO in the lobby of ground floor.

Conclusion

The survey team went to London, UK, to visit the the dealer PARETO and found the logo of dealer on the exhibition address, which indicated that the office of PARETO did exist. However, the team was unable to enter the dealer's office so that the office scale and operation condition of which remained unknown. Please be prudent when trading with this broker. 

Disclaimer

The content is for informational purpose only, and shall not be taken as final order for making choice.