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. In order to help investors or practitioners have a more comprehensive understanding of foreign exchange dealers in UK, the survey team is going to the country for on-site visits.

On-site visit

This time the WikiFX survey team went to London, UK to visit the foreign exchange dealer CMI TRADER as planned. The survey address is 2nd Floor 32 Dover Street London W1S 4NE UNITED KINGDOM.

According to the above address, the survey personnel came to 32 Dover Street, the destination of this survey. The building is located on the west side of Dover Street, not far from Berkeley Square, and the transportation is convenient. Piccadilly Circus, Bond Street and GreenPark Subway Station are all within walking distance. It is a very prosperous commercial district, and Buckingham Palace is nearby. The commercial street is very lively with people coming and going.

There is a water sign outside the building, and there is a reception area inside. Visitors need to make an appointment and register to enter. After verification by the water sign, the investigators determined that the office of CMI TRADER does not exist at the above address. The second floor of the building is Office B, not CMI TRADER's office.

Conclusion

The investigators went to London, UK to visit the foreign exchange dealer CMI TRADER as planned, but did not find the dealer's office at its publicly displayed business address. The dealer may have just registered a company at this address without a real business venue. Please choose this dealer carefully.

Disclaimer

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