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.
This time the survey team visited the dealer Fake Forex in London, UK, with the specific address at 100 Bishopsgate London EC2N 4AG UNITED KINGDOM.
According to the above address, the survey team came to the destination of this survey, the Bishopsgate in central London. The building consists of two mixed-use buildings and is a 40-story tower located on the eastern edge of the financial district of the City of London. The interior of the building is fully equipped with a front desk, directory and extensive security. However, the surveyors were unable to find the logo or other information about the dealer Fake Forex.
The survey team went to London, UK, to visit the dealer Fake Forex as planned, 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.
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2-5 years | Suspicious Regulatory License | Non MT4/5 Software | S…
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