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 Fake FXTM in London, UK, with the specific address at 88 Wood Street London EC2V 7QRE C 2 V 7 Q R UNITED KINGDOM.

According to the above address, the survey team came to the destination of this survey. The building was not far from the St. Paul's Cathedral subway station next to the railroad. It was in a industrial style, the lobby of which on the first floor was spacious. There were security guards on duty, occasionally one or two employees went in and out. However, the surveyors did not find any information about the dealer Fake FXTM near the destination.

Conclusion

The survey team went to London, UK, to visit the the dealer Fake FXTM and found no office at its business address. It was supposed that the dealer might just use that address to register its company, or there was no offline exhibition place. 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.