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 visited the dealer RBTFX in London, UK, with the specific address at Kemp House 152-160 City Road London EC1V 2NX UNITED KINGDOM.

According to the above address, the survey team came to the destination of this survey, an office building located at 160 City Road, London, UK. The building looks a bit old in appearance, not very tall and not in a commercial area.

There is a hospital next to the building, and the team found medical staff entering through that gate. However, it is unknown whether the address is part of the hospital or separate from it. In addition, they did not find the logo or name of RBTFX or any other information.

Conclusion

The survey team went to London, UK, to visit the the dealer RBTFX and found no office at its regulatory address. In other words, the given business address might be fake. Please be prudent when trading with this broker.

Disclaimer

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