Purpose

The Hong Kong, China foreign exchange market is an international forex market that developed after the 1970s. As one of the global financial centers, Hong Kong boasts an active forex market with well-established systems and strict regulations, attracting numerous forex brokers to operate here. 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 Instant Fx Trades in Hong Kong, China as planned. According to public information, its office address is Unit 1411, 14th floor, Cosco Tower, 183 Queen's Road Central, Hong Kong.

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 trader Instant Fx Trades purportedly located at Unit 1411, 14th floor, Cosco Tower, 183 Queen's Road Central, Hong Kong.

The inspection personnel successfully arrived at COSCO Tower, which is located in the bustling area of Central, Hong Kong, with a vibrant surrounding environment and a strong commercial atmosphere. However, no company logo or related information of Instant Fx Trades was found on the exterior of the building.

The inspector entered the building lobby, explained their purpose to the security personnel, and after a brief communication, obtained permission to enter the building. The directory inside the building indicated that this address did not correspond to the company's information.

Upon arriving at the target floor (14th floor), the field investigator found no visible signage for Instant Fx Trades in the office area, nor any security measures. Due to the absence of any relevant information about the company within the building, the investigator was unable to gain access to the interior. Additionally, they could not photograph the reception desk or its logo, and the office was not a shared workspace.

Through the common areas of the floor, the inspector was unable to observe the internal environment of the company, leaving the overall situation unclear. Upon inquiry, the front desk stated that there was no such company, casting doubt on its authenticity.

Therefore, after on-site verification, it is confirmed that broker Instant Fx Trades does not exist at the above address.

Conclusion

The inspection team visited the forex broker Instant Fx Trades 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 decision-making.