Reason for this visit

The forex market is extremely distinctive in Canada because the country has its own financial authority, the Canadian Securities Administrators (CSA), which provides a unified management of all financial industries. Meanwhile, CSA set up its subsidiary body, the Investment Industry Regulatory Organization of Canada (IIROC), in 2008, which is primarily responsible for the regulation of the retail forex market. And the IIROC has independently built many low-level regulatory bodies supervising three regions and ten provinces respectively. All these institutions release multiple independent laws and regulations. The integration of unity and differentiation in regulation makes the Canadian forex market the most complex in the world. In order to help investors or practitioners to gain a more comprehensive understanding of forex brokers in Canada, WikiFX survey team decides to go to the country for on-site visits to local companies.

On-site visit

In this issue, the survey team went to Canada to visit forex broker Jack Filled as planned according to its regulatory address that 102-305 Milner Ave Scarborough, Ontario, M1B 3V4.

The investigators came to 102-305 Milner Avenue in Scarborough in Ontario, Canada for an on-site visit to the brokers office.

Upon reaching the 102-305 Milner Avenue, the survey personnel made an initial observation of the surrounding environment. Located on a less bustling street, the building boasts a relatively quiet surrounding environment.

And then the inspection team entered the target building for a further investigation. Fortunately, the office area was operating normally on the day of the field survey, which provided favorable conditions for the smooth progress of the survey work. During the further inspection of the building, the survey team clearly saw the company logo of “Jack Filled Foreign Exchange Inc.” on the floor directory, which is undoubtedly an important clue indicating the company's presence here. Furthermore, they easily found the broker's office, where the companys logo was prominently displayed on the door, further proving the actual existence of the company in the building.

Through the on-site investigation, it is confirmed that the broker has a physical presence at the location.

Conclusion

The survey team went to Canada to visit forex broker Jack Filled as scheduled, and found the company at the aforementioned address. It indicates that the broker has a physical business office at the place. Meanwhile, investors are advised to make a sensible decision following much deliberation.

Disclaimer

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