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 1st Contact as planned. The survey address is One Croydon 12- 16 Addiscombe Road Croydon CR0 0XT UNITED KINGDOM.

The survey personnel came to the destination of the current survey according to the above address. The building is located in the developed business district of Croydon in South East London, close to Croydon train station, tram station and bus terminal. There are various shops around and it looks very busy. Next to the building are the police station and various local government agencies. Although the building is old, it has been renovated several times and its polygonal shape makes it quite modern.

The survey personnel found the trader's water sign in the lobby, which showed that the trader was stationed on the 13th floor of the building. The front desk of the building also confirmed the presence of the dealer's office. Since a reservation needed to be made before entering the office, the survey personnel were not able to go in for a visit. Anyway, the office location of the dealer 1st Contact is real.

Conclusion

The investigators went to London, UK to visit the foreign exchange dealer 1st Contact as planned, and the trader's logo can be found on the publicly displayed business address, indicating that the trader has a real business venue. Unfortunately, the survey personnel were not able to enter the company for internal visit, so the specific scale of its exhibition business is unknown. Investors are requested to make a sensible choice after careful consideration.

Disclaimer

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