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 Fxlift in London, UK, with the specific address at 12Th Floor, The BroadGaTe Tower 20 PriMrose STreeT London EC2A 2EW UNITED KINGDOM.

According to the above address, the survey team came to the destination of this survey. It was a campus-like office complex with a small square at the entrance. The lobby on the ground floor was large and clean, and the modern decoration was consistent with the building style. However, the surveyors were unable to find the logo or other information for the dealer Fxlift. It was learned from the security staff that there was no office of this company here. And multiple foreign exchange dealers were registered at this address.

Conclusion

The survey team went to London, UK, to visit the the dealer Fxlift and found no office at its business address. It was supposed that the dealer might just use that address to register its company, or there was no offline exhibition place. 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.