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 CORE SPREADS as planned. The survey address is 9Th Floor 30 Crown Place London EC2A 4ES UNITED KINGDOM.

The survey personnel came to the destination of the survey based on the above address, which is an office building at 30 Crown Place, London, England. It is a modern building located in an office block, which is very prosperous. Without any sign outside the building, the logo or other information of the foreign exchange dealer CORE SPREADS cannot be seen.

Unable to find the logo of the foreign exchange dealer CORE SPREADS in the lobby after entering the building, the survey personnel ended this survey trip.

Conclusion

The investigators went to London, England, to visit the foreign exchange dealer CORE SPREADS 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 and did not have a real business place. Investors are advised to choose the dealer carefully.

Disclaimer

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