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 Evolution Markets as planned. The survey address is 36-38 Leadenhall STreeT London EC3A 1AT UNITED KINGDOM.

The survey personnel came to the destination of the survey based on the above address, which is an office building located at 36-38 Leadenhall STreeT, London, England. The building is next to a park and is located in a non-professional office block. The neighborhood is not very prosperous.

The survey personnel found the sign of the building at the entrance, but did not find the logo or name of the foreign exchange dealer Evolution Markets. Unable to enter the building, the survey personnel had no choice but to end the survey trip.

Conclusion

The investigators went to London, England to visit the foreign exchange dealer Evolution Markets as planned. They did not find the dealer’s office on the publicly displayed business address. The dealer might simply register the company at this address without a real business place. Investors are advised to choose this dealer carefully.

Disclaimer

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