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 ACS in London, UK, with the specific address at 3rd Floor 24 Lime Street London EC3M 7HS UNITED KINGDOM.

According to the above address, the survey team came to the destination of this survey, an office building located at 24 Lime Street, London, UK. Since the building is not located in a professional office block, the surrounding of that is not very prosperous. 

On the directory outside the building, the surveyors could clearly find the name of ACS, the foreign exchange dealer. It displayed that the office of ACS was on the third floor, which was consistent with the address on the regulatory information. Also, it could be preliminary determined that the office of ACS really existed in the building.

Conclusion

The survey team went to London, UK, to visit the the dealer ACS and found the office at its regulatory address. However, the team was unable to enter the dealer's office so that the office scale and operation condition of which remained unknown. 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.