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 ActivTrades as planned. The survey address is 1 ThoMas More Square London E1W 1YN UNITED KINGDOM.

The survey personnel came to the destination of the survey based on the above address. The address is not far from the Tower Bridge in London. It is near the pier, and there is an office park with several identical tall buildings. The lobby is equipped with a front desk and access control. The space is also very large. You can go up to the elevator next to the front desk. However, the survey personnel cannot find the logo or other information of the foreign exchange dealer ActivTrades here.

Conclusion

The investigators went to London, UK to visit the foreign exchange dealer ActivTrades as planned. They did not find the dealer’s office on the publicly displayed address, and the dealer simply registered the company at that address without real business premises. Investors are requested to choose the dealer carefully.

Disclaimer

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