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 personnel visited the foreign exchange dealer FXTM in London as planned. The survey address is 9th Floor 88 Wood Street London EC2V 7QR UNITED KINGDOM.
The survey personnel came to the destination of the survey based on the above address. It is located in an office building at 88 Wood Street, London, England. It is a modern building, not far from the St. Paul's Church subway station. The transportation is convenient.
The survey personnel did not find the logo or other information of the foreign exchange dealer FXTM outside the building. Unable to go inside, the survey personnel had no alternative but to end the survey trip.
The investigators went to London, UK to visit the foreign exchange dealer FXTM as planned. They did not find the dealer’s office on the publicly displayed business address. The dealer simply registered the company at the address and did not have a real business premises. Investors are advised to choose the dealer carefully.
The content is for informational purpose only, and shall not be taken as final order for making choice.
5-10 years | Regulated in Cyprus | Regulated in United Kingdom | R…
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