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 European Markets, a foreign exchange dealer. The survey address is 23 Austin FriarsLondonEC2N 2QPUNITED KINGDOM.

The survey team came to the destination of the survey based on the above address. The inconspicuous gate of it was in an alley, and the surrounding area was very clean. It was crowded and noisy. The team couldn’t enter the building without permission card. Unfortunately, they did not find European Markets’s logo or other information.

Conclusion

The survey team went to London, UK, to visit the the dealer European Markets and found no office at the publicly displayed business address, which means the given business address might be fake. Investors are advised to choose this dealer carefully.

 Disclaimer

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