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. In order to help investors or practitioners have a more comprehensive understanding of foreign exchange dealers in UK, the survey team is going to the country for on-site visits.

On-site visit

This time the survey team went to London, UK to visit the foreign exchange dealer PUCHENG INTERNATIONAL as planned. The survey address is 42a TaMworTh Road Croydon Surrey CR0 1XU UNITED KINGDOM.

The survey personnel came to the destination of the current survey according to the above address. The destination is located in a residential area of Croydon, South East London. The 3-storey building where the company is located is far from the railway station. The street is relatively quiet, and there are a few shops and churches nearby. 

The survey personnel found that the logo hanging on the front of the unit indicated that this was the office of the dealer QI rather than PUCHENG INTERNATIONAL. The survey personnel did not find any information about PUCHENG INTERNATIONAL nearby either. Therefore, it is confirmed that the dealer does not have an office here.

Conclusion

The investigators went to London, UK to visit the foreign exchange dealer PUCHENG INTERNATIONAL as planned, but did not find the dealer's office at its publicly displayed business address. The dealer may have just registered a company at this address without a real business venue. Please choose this dealer carefully.

Disclaimer

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