Reason for this visit

The UK forex market ranks among the world‘s largest and is the biggest in Europe. Oversight of this market primarily falls to the Financial Conduct Authority (FCA), which regulates financial services firms and markets to ensure fairness, transparency, and stability. Globally recognized as a highly credible regulator, the FCA maintains stringent standards. Despite Brexit’s economic impact, the UK forex market remains optimistic. As one of the world‘s top forex trading hubs, coupled with the FCA’s rigorous supervision, the UK continues to attract investors and institutions, boosting market liquidity and growth. Many forex brokers pride themselves on securing FCA authorization and seek to expand operations in this jurisdiction. To help investors and professionals better understand UK forex brokers, WikiFX survey team conducted on-site visits across the country, verifying operational authenticity and compliance.

On-site visit

In this issue, the survey team went to London in the UK to visit forex broker Amana Financial Services as planned according to its regulatory address that 5 Merchant Square, London, United Kingdom, W2 1AY.

A seasoned and professional inspection team, committed to safeguarding investor interests, conducted a meticulously planned on-site verification of the forex broker Amana Financial Services 5 Merchant Square in a bustling district of London, UK.

The investigators successfully arrived at 5 Merchant Square. Through on-site verification, it was confirmed that the building is located in a bustling commercial district, characteristic of Londons premium office hub. External observations revealed no visible corporate identifiers – including signage, nameplates, or logos – associated with “Amana Financial Services”.

They then attempted to enter the building premises but was intercepted by security personnel at the entrance checkpoint. The guards inquired about the purpose of the visit, to which the investigators stated their intention to visit Amana Financial Services and requested confirmation of the companys physical presence at the address.

However, security officials explicitly notified them that Amana Financial Services office at this location had been vacated. Simultaneously, the inspection team was denied further access to the building interior, preventing any approach to potential reception areas or office spaces that might have existed.

Through the on-site investigation, it is confirmed that the broker does not maintain a physical presence at the above address.

Conclusion

The survey team went to London in the UK to visit forex broker Amana Financial Services as scheduled but did not find the company at its regulatory address. It denotes that the broker does not have a physical office at the location. Accordingly, investors are advised to have a well-considered decision following much deliberation.

Disclaimer

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