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 is regulated by 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, the survey team went to London, UK to visit the foreign exchange broker KerfordUK (Kerford Investments (UK) Limited) as planned according to its regulatory address that Suite 8A, Fulham Business Exchange, The Boulevard London, SW6 2TL, UNITED KINGDOM.

With the help of navigator map, the investigators came to the destination in the Boulevard London, SW6 2TL on June 1, 2023. Located in Fulham business area in central London, Fulham Business Exchange is a common commercial building. As a prestigious affluent district in London, Fulham boasts prosperous and elegant environment and clean streets.

After arriving at the building, the investigators found company directory, reception desk, and security guards in the lobby. However, 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 KerfordUK (full name: Kerford Investments (UK) Limited) has a physical presence there.

Conclusion

The investigators went to London, UK to visit the foreign exchange broker KerfordUK as scheduled, and spotted its company name at the regulatory address. It suggests that the company has a physical business office here. Unfortunately, the survey personnel were unable to enter the company for a special visit, so the specific scale of its business is unknown. Therefore, 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.