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

The survey team went to London, England to visit the foreign exchange dealer AG as planned. The survey address is 19 Deborah Close IsleworTh Middlesex TW7 4NY UNITED KINGDOM.

The survey personnel came to the destination of the current survey based on the above address, which is not far from Heathrow Airport. It is a residential area, and the Maygrove Park needs to be passed through to get there. It is relatively quiet and suitable for office because it is off the main road. Although the building occupies a large area, it is divided into many house numbers for rent, so the space becomes quite narrow. The surrounding environment is pretty good. There are small houses with access control at the door. The survey personnel could not find any information about the foreign exchange dealer AG near the destination.

Conclusion

The investigators went to London, UK to visit the foreign exchange dealer AG as planned. They did not find the dealer’s office on the publicly displayed address, and the dealer simply registered the company at that address without real business premises. Investors are requested to choose the dealer carefully.

Disclaimer

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