Reason for this visit

The international forex market in Hong Kong has been developing since the 1970s. Due to the removal of forex control in Hong Kong since 1973, there has been a large inflow of international capital, and an increasing number of financial institutions operating forex business have mushroomed. The forex market has become more and more active, developing into an international forex market. Hong Kong forex market is an invisible market without a fixed trading venue. Traders conduct forex transactions through various modern communication facilities and computer networks. Hong Kongs geographical location and time zone conditions are similar to those of Singapore, making it very convenient to trade with other international forex markets. Participants in Hong Kong forex market are mainly commercial banks and financial companies. There are three types of forex brokers in this market: local brokers, whose business is limited to Hong Kong; international brokers who have expanded their business to the Hong Kong forex market since the 1970s; international brokers that grow locally and has expanded their business to forex markets abroad. In an attempt to help investors or practitioners gain a more comprehensive understanding of current status of forex brokers in Hong Kong, WikiFX survey team determines to pay on-site visits to local companies.

On-site visit

In this issue, the survey team went to Hong Kong, China to visit forex broker GOLDAY PRECIOUS METALS as planned according to its regulatory address that Unit 1605-06, Tower 6, The Gateway, Harbour City, 9 Canton Road, Tsim Sha Tsui, Kowloon, Hong Kong.

The seasoned and professional inspection team, committed to safeguarding investor interests, conducted a meticulously planned on-site verification of the broker GOLDAY PRECIOUS METALS in The Gateway Tower 6, Tsim Sha Tsui.

Following the provided information, the investigators successfully arrived at the bustling Canton Road in Tsim Sha Tsui. Harbour City, a renowned large-scale commercial complex in Hong Kong, integrates upscale retail, dining, and office spaces, attracting massive foot traffic and offering excellent transportation accessibility. The target location, Tower 6 of Gateway Tower, is a landmark Grade-A office building with a modern and imposing exterior, surrounded by a clean and orderly environment and a strong commercial atmosphere—consistent with the expectations of a high-end financial firm.

The survey team smoothly entered the buildings lobby. The lobby was spacious, well-lit, and elegantly decorated, with comprehensive security measures in place, creating an overall impression of professionalism and reliability. Upon carefully checking the building directory, they found the company name “GOLDAY PRECIOUS METALS” listed in Unit 1605-07. To gain a more comprehensive understanding, the team proceeded to take the elevator to the 16th floor.

Upon reaching the 16th floor, the investigators quickly located Unit 1605-07, the office of GOLDAY PRECIOUS METALS, guided by the floor directory and company signage. Although the building‘s public directory did not display the company name, GOLDAY PRECIOUS METALS’ logo was clearly visible near the entrance, confirming the correct location. They were then able to enter the company premises.

After entering, the inspection team stated their purpose to the reception staff. The front desk area was professionally designed, with the company logo prominently displayed on the background wall or other visible locations. With permission, they observed the office area, confirming that it was an independent workspace (not a co-working setup). The interior was neat and well-organized, featuring a professional and conservative décor, rationally arranged workstations, and a focused work atmosphere. The overall internal environment was assessed as favorable.

Through the on-site investigation, it is confirmed that the broker maintains a physical presence at the above address.

Conclusion

The survey team went to Hong Kong, China to visit broker GOLDAY PRECIOUS METALS as scheduled and found the company at its regulatory address. It signifies that the broker has a physical office at the place. Meanwhile, investors are advised to make a well-considered decision following much deliberation.

Disclaimer

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