Purpose

The Hong Kong foreign exchange market in China is an international forex market that developed in the 1970s. As one of the global financial centers, the Hong Kong forex market is highly active, with well-established systems and strict regulations. 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 Grand International Futures in Hong Kong, China as scheduled. According to public information, its office address is located at 224-248 Des Voeux Road Central, Hong Kong, in the ASEAN Commercial Building.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to Hong Kong, China, to conduct an on-site verification of the dealer Grand International Futures claiming to be located at 224-248 Des Voeux Road Central, ASEAN Commercial Building, Sheung Wan, Hong Kong.

The inspection personnel successfully arrived at the ASEAN Commercial Building, located on Des Voeux Road Central in Sheung Wan, Hong Kong. The surrounding area is bustling with a strong commercial atmosphere. No company signage or related information was found on the exterior of the building.

The inspector entered the building lobby and explained their purpose to the security personnel. After communication, they obtained permission to enter. Inside the building, no signage for the company was found.

Due to the lack of relevant information guidance and the prohibition of going upstairs, the on-site inspector was unable to reach the target floor and failed to enter the interior to check whether there were obvious signs and security measures in the Grand International Futures office area. They also could not take photos of the reception desk and its logo. Moreover, since this office is not a shared workspace, it was determined to be fake.

Therefore, after on-site verification, it is confirmed that the broker Grand International Futures does not exist at the above address.

Conclusion

The field investigator visited the forex broker Grand International Futures in Hong Kong, China as planned, but did not find any information such as the company name of the broker at the publicly displayed business address, 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.