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For more information about Englon Forex Broker company profile, come to WikiBit!

Rating Index

Pros

Established since 2018, providing a track record in the market.
Customer service support available in Chinese (Simplified).
Offers a variety of trading platforms and account types.

Cons

Regulatory status is unclear, raising concerns about safety.
Low WikiFX score of 1.57, indicating potential issues with trustworthiness.
Long waiting times for customer service responses, which can be frustrating for users.

Englon Company

Englon Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

Englon Company was founded on January 31, 2013, in the United Kingdom. It was established as a private limited company with the goal of providing retail services through mail order and the internet. The company initially focused on leveraging online platforms to reach a broader customer base, catering primarily to the retail sector.

Parent Company/Ownership Structure

Englon Company operates as an independent entity, and it is not currently under the ownership of a larger parent company. This allows it to maintain flexibility and adapt to market changes quickly. However, it is essential to note that Englon Company has been dissolved since March 8, 2016, which impacts its operational status and any current business activities.

Headquarters Location

The registered office of Englon Company is located at 2nd Floor Front, 36 Gerrard Street, London, W1D 5QA, United Kingdom. This central location in London positions the company within one of the world's leading financial hubs, providing access to a diverse market and a wealth of business opportunities.

Global Business Scope

While Englon Company primarily operated within the UK, its online business model allowed it to reach customers globally. The nature of its services—retail sales via mail order and the internet—enabled it to cater to a wide audience, although its operational activities ceased after its dissolution.

Main Regulatory Bodies

As a UK-based company, Englon Company was subject to regulations from several bodies, including:

  • Companies House: The UK government department responsible for company registration and regulation.
  • The Financial Conduct Authority (FCA): While Englon primarily engaged in retail activities, any financial services it might have offered would have been under the FCA's jurisdiction.

2. Company History and Development

Key Milestones

Englon Company achieved several milestones during its brief operational period:

  • Incorporation: The company was incorporated on January 31, 2013, marking its official entry into the retail market.
  • Dissolution: Englon Company was dissolved on March 8, 2016, which signifies the end of its operations and business activities.

Business Expansion Journey

Despite its short lifespan, Englon Company aimed to expand its reach through online sales, utilizing e-commerce strategies to connect with customers. However, specific details regarding its expansion efforts and strategies remain unclear, primarily due to its dissolution.

Customer Base Growth

Englon Companys customer base was expected to grow rapidly due to its online presence. However, as the company no longer exists, data on its customer growth and retention strategies are unavailable.

Platform Development History

The company focused on developing an online platform for retail sales. The specifics of its technological advancements or platform features were not publicly detailed, particularly due to its operational cessation.

Important Awards or Recognitions Received

Englon Company did not receive notable awards or recognitions during its operational period, likely due to its brief existence and subsequent dissolution.

3. Trading Services Offered

Forex Trading Options

Englon Company did not explicitly offer Forex trading services, as its primary business model revolved around retail sales through mail order and the internet.

Stock Trading Options

Similar to Forex trading, Englon Company did not engage in stock trading activities. Its focus remained on retail services rather than financial trading platforms.

CFD Trading Products

Englon Company did not provide Contract for Difference (CFD) trading products, as its business model was not aligned with financial trading services.

Other Financial Instruments

Englon Company primarily focused on retail sales and did not offer financial instruments such as cryptocurrencies or commodities.

Special Services or Unique Advantages

Due to its dissolution in 2016, Englon Company does not currently provide any unique advantages or services within the marketplace.

Detailed Regulatory Information

Englon Company was regulated by:

  • Companies House: Responsible for company registration and compliance in the UK.
  • Financial Conduct Authority (FCA): Oversaw any financial services offered by the company.

Englon Company was structured as a private limited company (Ltd) in the UK, which limited the liability of its shareholders.

Client Fund Protection Measures

As Englon Company primarily engaged in retail sales, specific client fund protection measures related to financial services were not applicable. However, any retail transactions would have been subject to consumer protection laws in the UK.

Countries/Regions Served

Englon Company targeted customers primarily in the UK but had the potential to reach international customers through its online platform.

Compliance History

Englon Company faced no significant compliance issues during its operational period. However, its dissolution indicates an end to its compliance obligations.

5. Competitive Landscape

3-5 Main Competitors

Englon Company faced competition from various online retail platforms, including:

  • Amazon: A leading global e-commerce platform offering a wide range of products.
  • eBay: An online marketplace that allows individuals and businesses to buy and sell goods.
  • Etsy: A platform focused on handmade and vintage items, catering to a niche market.

Positioning in the Industry

Englon Companys positioning was primarily as an online retail entity. However, due to its dissolution, it no longer holds a position in the competitive landscape.

Market Differentiation Factors

Englon Company aimed to differentiate itself through its online retail model, focusing on convenience and accessibility. However, the lack of operational data and its eventual dissolution limited its ability to establish a significant market presence.

Conclusion

Englon Company, founded in 2013, aimed to provide retail services through an online platform. Despite its potential, the company was dissolved in 2016, limiting its impact and growth in the market. The competitive landscape for online retail is dominated by major players like Amazon and eBay, making it challenging for smaller entities to thrive without significant differentiation and a robust business model.

For more information about similar companies or the online retail industry, please refer to relevant resources or industry reports.

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