Purpose

The Hong Kong, China foreign exchange market is an international foreign exchange market that has developed since the 1970s. As one of the important international financial centers, the Hong Kong foreign exchange market features active trading, sound regulations, and a high degree of market openness. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the team traveled to Hong Kong, China for on-site visits.

Process

As scheduled, the team visited the forex broker Silvercrest in Hong Kong, China. According to public information, its office address is Room 2302, New World Tower 1, 18 Queen's Road Central, Hong Kong Island.

A professional and experienced team, driven by a sense of mission to rigorously vet for investors, proceeded according to a well-planned schedule to New World Tower 1, 18 Queen's Road Central, Central, Hong Kong, China, to conduct an on-site verification of the broker Silvercrest claiming to be located at Room 2302, New World Tower 1, 18 Queen's Road Central, Hong Kong Island.

The team successfully arrived at New World Tower 1, located on Queen's Road Central, Central, Hong Kong Island. The surrounding area is bustling with a strong commercial atmosphere. No signage or relevant information of the company was found on the exterior of the building.

The team entered the building lobby and stated their purpose to the security personnel. After communication, permission to enter was granted. No information about this company was found on the building's internal directory board.

Upon reaching the target floor, the 23rd floor, the team found that the office area of Silvercrest had no obvious signage or security measures. The team was able to reach the specific floor and confirm the location. However, upon inquiry at the reception, they were informed that no such company existed. Consequently, they were unable to enter the interior, could not photograph the reception area, and the office was not a shared workspace.

From the public areas on the floor, the team could not observe the company's internal environment. Overall, it was impossible to determine if it matched its claimed positioning. No information regarding this broker was found. Inquiry at the reception indicated there was no such company, casting doubt on its authenticity.

Therefore, after the on-site inspection, it was confirmed that broker Silvercrest does not exist at the aforementioned address.

Conclusion

The team visited the forex broker Silvercrest at its publicly displayed business address in Hong Kong, China as planned, but could not find any information such as the company name of the broker at that location, 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 used as the final basis for selection.