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 IMS FX as planned. The survey address is 8-10 Grosvenor Gardens London SW1W 0DH UNITED KINGDOM.

The survey personnel came to the destination of this survey based on the above address. It is located in an office building at 8-10 Grosvenor Gardens, London, England. The building is on the west side of Buckingham Palace. It takes about 15 minutes to walk north to the Hyde Park subway station. The transportation is very convenient.

The survey personnel came to the front of the building, and from a distance they could see that the building was being renovated as a whole, and could not see the situation inside.

Conclusion

The investigators went to London, UK to visit the foreign exchange dealer IMS FX as planned. The office building on the publicly displayed address of the business is being renovated. No office of the dealer was found. The dealer might simply register the company at this address and there is no real business venue. 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.