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, England to visit the foreign exchange dealer Koch as planned. The survey address is 20 Gresham Street 4th Floor London EC2V 7JE UNITED KINGDOM.

The survey personnel came to the destination of the survey according to the above address. The building is very large and is located on a corner of the street. It is very eye-catching and consists of glass exterior walls. The front desk inside is very long, and there are many receptionists. As you enter the building and walk till the end, you can see the elevator. Unfortunately, the investigators cannot find the logo or other information of the foreign exchange dealer Koch here.

Conclusion

The investigators went to visit the foreign exchange dealer Koch in London as planned. They did not find the dealer’s office on the publicly displayed address. The dealer simply registered the company at this address and did not have a real business premises. Investors are advised to choose the dealer carefully.

Disclaimer

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