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 went to London, England to visit the foreign exchange dealer Finisterre Capital as planned. The survey address is 10 New Burlington StreetLondonW1S 3BEUNITED KINGDOM.

The survey personnel came to the destination of the survey based on the above address. The whole street leads to the lively places in London and is not far from bond street. There are no people on this street and the interior of the building is deserted. After entering the door, you can see the front desk on the left side of the middle, and the house number is eye-catching. In addition, the investigators cannot find the logo or other information of the foreign exchange dealer Finisterre Capital there.

Conclusion

The investigators went to London to visit the foreign exchange dealer Finisterre Capital as planned. They did not find the dealer’s office on the publicly displayed address. The dealer simply registered the company at this address and did not have a real business place. Investors are advised to choose the dealer carefully.

Disclaimer

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