Inspection Reason

In recent, quite a lot of investors called and asked for more disclousre of UK licensed traders whose real addresses aren’t in accordance with the licensed addresses. Given investors’ feedback and inspection plan, the surveyors were about to visit Speed Trad.

Office

According to the regulatory information, the UK licensed trader Speed Trad is located at Queen House 8-9 Queen Street London United Kingdom. The surveyors paid a visit to the trader.

According to the regulation address and GPS, the surveyors walked from one end to the other and of Queen Street several times but not found the No.8 and No.9 building. It’s strange that GPS brought the surveyors to such a lane near Queen Street. Unexpectedly, there hides such a remote lane near the prosperous street.

The surveyors found several flower shops and grocery shops on the lane near Queen Street. The surveyors walked around nearby several times and failed to find the No.8 and No.9 office building.

Conclusion

The visit by the inspection staff confirmed that Speed Trad doesn’t have an office in UK. As was informed, the trader’s purported regulation by FVA with regulation number 497263 indicates its suspicion of being a clone trader.