Reason for this visit

Poland is located in the middle of Europe and is the sixth largest economy in the European Union. Since 1989, the Polish economy has achieved high growth and closed the gap with Western Europe. As highlighted by the World Bank, Poland will continue to be strong. In 2018, real GDP growth in Poland reached 5.1%, largely driven by domestic consumption and accelerated investment. Moreover, the unemployment rate is still below 4%. Like all markets in Europe, the Polish FX market is likely to experience consolidation due to tightening regulations. Smaller brokers will inevitably collapse as they cannot afford the rising compliance and regulatory costs. According to the feedback from investors and the work plan of the survey team, the survey personnel is going to SMARTT FX, a licensed dealer in Poland, to understand the actual situation in this issue.

On-site visit

The regulatory information shows that the address of the SMARTT FX Polish licensed company is: Wisniowa 40/802-520 WarszawaPOLAND. The investigators conducted a field visit to this location.

The office of SMARTT FX is located in Warsaw, the capital of Poland. It is in a residential area outside the city center, in the middle of two stations, about 3.5 kilometers from the city center. It is a low-rise commercial building. The park is quiet and the environment is suitable.

The investigators could not find the company on the water sign of the building and the receptionist said that the company does not exist. The investigators confirmed that the company does not have an office in this building.

Conclusion

The investigators went to Poland to visit the foreign exchange dealer SMARTT FX as planned, but did not find the dealer's logo or other information on the publicly displayed business address. The dealer's business address office does not exist. Please choose this dealer carefully.

Disclaimer

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