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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
In this period, the survey team went to London, England to visit the foreign exchange dealer MTS Prime as planned. The survey address is 85 Uxbridge Road London W5 5BW UNITED KINGDOM.
The survey personnel came to the destination of the survey based on the above address, which was a large office building in a small town in London. The building’s exterior was quite magnificent, the gate was spacious, and the interior of the building was clean and tidy. It was a very professional office building in this town. The water sign at the entrance of the building was large and obvious and easy to find, just across from the bus station. The survey personnel did not find the foreign exchange dealer's name on the water card, nor did they find any information about the foreign exchange dealer MTS Prime near the destination.
Conclusion
The investigators went to London, UK to visit the foreign exchange dealer MTS Prime 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.
Website:https://mtsprime.co.uk/
Website:https://mtsprime.co.uk/
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