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. In order to help investors or practitioners have a more comprehensive understanding of foreign exchange dealers in UK, the survey team is going to the country for on-site visits.

On-site visit

This time the survey team went to London, UK to visit the foreign exchange dealer FXPB as planned. The survey address is 27-32 Old Jewry London EC2R 8DQ UNITED KINGDOM.

The survey personnel came to the destination of the current survey according to the above address. The building is located on Old Jewry Street in the City of London. This street now consists mostly of financial companies. The destination is a 5-story office building with multiple financial institutions inside, with shops on the ground floor and offices on the upper floors.

The investigators did not find the trader's name on the water sign of the building. In addition, according to the inquiry from the front desk, FXPB does not have a leased office in this building. Therefore, it is confirmed that the dealer does not have an office here.

Conclusion

The investigators went to London, UK to visit the foreign exchange dealer FXPB as planned, but did not find the dealer's office at its publicly displayed business address. The dealer may have just registered a company at this address without a real business venue. Please choose this dealer carefully.

Disclaimer

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