Purpose

The Hong Kong foreign exchange market is an international forex market that developed in the 1970s. As one of the world's major financial centers, the Hong Kong forex market is highly active, well-regulated, and strictly supervised. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, an on-site inspection team conducted field visits in Hong Kong, China.

Process

The on-site inspection team visited the forex broker FKD in Hong Kong, China as scheduled. According to public information, its office address is Room 1808, 18/F, Fuwei Financial Center, 308 Des Voeux Road Central, Hong Kong.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet investments for investors, meticulously planned and traveled to Hong Kong, China, to conduct an on-site verification of the trader claiming to be located at Room 1808, 18/F, Fuwei Financial Center, 308 Des Voeux Road Central, Hong KongFKD.

The inspection personnel successfully arrived at the target building, located at 308 Des Voeux Road Central, Central, Hong Kong. However, upon arrival, it was discovered that the building had been renamed and was no longer called FWD, but simply referred to as 308. The surrounding area is bustling with a strong commercial atmosphere, but no signage or relevant information about the company was found on the exterior of the building.

The inspector entered the building lobby and, after explaining the purpose to the security personnel, successfully obtained permission to enter. However, the company's information was not found on the directory inside the building.

Upon arriving at the target floor (18th floor), the field investigator found no clear signage indicating the office area of FKD. After inquiries, no valid information about the company was obtained. Due to the lack of relevant signage, the investigator was unable to enter the so-called company premises. Additionally, it was not possible to photograph the reception area or its logo, as the office space was not a shared workspace.

Through the common areas of the floor, the inspectors were also unable to observe any internal conditions of the company, and the overall situation did not match its claimed positioning.

Therefore, after on-site verification, it is confirmed that the dealer FKD does not exist at the above address.

Conclusion

The inspection team visited the forex broker FKD at its publicly displayed business address in Hong Kong, China as planned, but found no information such as the company name of the broker, indicating that the broker does not have a genuine business premises. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

The above content and views are for reference only and should not be considered as the final basis for selection.