Reason for this visit

Foreign exchange market is the worlds largest financial market, with daily trading volume hitting trillions of dollars. The major forex trading centers are London, New York, Tokyo, Singapore, etc., and USD is the most traded currency. In recent years, the emerging foreign exchange brokers are attracting more investors and institutions to the market, especially the highly developed, liquid US forex market with a slew of participants. In order to help investors or practitioners have a more comprehensive understanding of foreign exchange brokers in the US, WikiFX survey team is going to the country for on-site visits to the local companies.

On-site visit

In this issue, the survey team went to the US to visit forex broker Breitling Prime (licensee: Breitling Prime Ltd) as planned according to its regulatory address that 1312 17th Street, Suite 692.

The investigators came to the 1312 17th Street in Denver CBD in America on August 24, 2023. A building is situated at the corner of the bustling street surrounded by a clean environment.

After entering the building, the survey personnel found a company named “POST NET” which provided one-stop service including design, print, and post. And there was only one company in the building, without any information concerning suite 692. According to the staff working for the company, many companies used the company‘s address as their correspondence address. Finally, broker Breitling Prime’s information wasnt spotted.

Through an on-site investigation, it is confirmed that Breitling Prime doesnt have a presence at the location.

Conclusion

The survey team went to Denver in the US to visit forex broker Breitling Prime, but didn‘t find the company at its regulatory address. This suggests that it doesn’t have a physical business office at the place. In the meantime, investors are advised to make a sensible decision based on a comprehensive consideration.

Disclaimer

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