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 visited the dealer Equiti in London, UK, with the specific address at 69 Wilson Street London EC2A 2BB UNITED KINGDOM.

According to the above address, the survey team came to the destination of this survey, an office building located at 69 Wilson Street, London, UK. The building is located in a office block in the center of London, with the nearby high-rise buildings looks very prosperous.

Approaching the building, the team were surprised to find it was under renovation. Thus, they were unable to enter the building. Looking around, they failed to find the logo or any other markings of the dealer Equiti outside the building.

Conclusion

The survey team went to London, UK, to visit the the dealer Equiti and found the office building at the regulatory address was under renovation. They were unable to enter the building and found no logo or other markings of the dealer Equiti outside the building. It was supposed that there was no office at that address. 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.

Disclaimer

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