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 went to London, UK to visit the foreign exchange dealer AxiPrime as planned. The survey address 36-38 Leadenhall STreeT London EC3A 1AT UNITED KINGDOM.

The survey staff came to the destination of the survey based on the above address. It is located on the Leadenhall Street in the northeast of central London, which looks very old compared to the surrounding skyscraper buildings. It is a shared office. The first floor is very narrow, with guide signs hung on the wall, and there is a front desk but no one is there. The investigators cannot find the logo or other information of the foreign exchange dealer AxiPrime here.

Conclusion

The investigators went to visit the foreign exchange dealer AxiPrime in London, UK 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.