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 the Financial Conduct Authority (FCA), one of the world's three most stringent regulatory bodies. Many FX brokers take obtaining FCA regulation for pride in the hope of entering the country to develop business in local market. In order to help investors or practitioners have a more comprehensive understanding of foreign exchange brokers in the UK, WikiFX survey team is going to the country for on-site visits to them.

On-site visit

In this issue, WikiFX investigation team went to London, UK to visit the foreign exchange broker Kerford UK (licensee: Kerford Investments (UK) Limited) as planned according to its registered regulatory address that Suite 8A, Fulham Business Exchange, The Boulevard, London, SW6 2TLS, United Kingdom.

With the help of navigator map, the survey personnel came to the destination on June 1, 2023, in Fulham business district in the center of London, where Fulham Business Exchange, a common commercial building is located. Fulham is among the prestigious well-heeled neighborhoods, with a busy, clean, and excellent environment.

After arriving at the building, the investigators found company directory, reception desk, and security guards in the lobby. Howeve, people werent allowed to enter for a special visit without a reservation in advance because of stringent security reasons. At meantime, from the company directory, it could be seen that the suite 8A was occupied by Kerford Investments (UK) Limited.

Therefore, through an on-site investigation, it is confirmed that Kerford UK has a physical presence here.

Conclusion

The investigators went to London, UK to visit the foreign exchange broker Kerford UK as scheduled, and spotted its company name at the regulatory address, which suggests that it has a physical business office here. Unfortunately, the survey personnel werent able to enter the company for a special visit, so the specific scale of its business is unknown. And investors are advised to make a sensible choice based on a careful consideration.

Disclaimer

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