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 broker Sanfull as planned according to its regulatory address that Suite 2001-6, 20/F, Cosco Tower, No.183 Queens Road Central, Sheung Wan, Hong Kong.

A seasoned and professional inspection team, committed to safeguarding investor interests, conducted a meticulously planned on-site verification of the prominent forex broker Sanfull at Cosco Tower in Sheung Wan, Hong Kong.

The inspection team successfully arrived at Cosco Tower, 183 Queens Road Central, Central. The building is located in a prime business district, surrounded by dining, retail, residential, and financial institutions, with convenient transportation and high pedestrian traffic. The exterior features a modern high-rise commercial design with glass curtain walls, exuding a professional business atmosphere. External signage was clearly visible with no damage or irregularities.

Upon entering the building, the investigators verified the lobby directory, which clearly listed “Sanfull Securities Limited” at Rooms 2001-6, 20/F. The lobby has a robust security system requiring access cards or visitor registration for elevator entry. However, after communication, the team was granted access and proceeded to the 20th floor.

On the 20th floor, the floor directory again confirmed “Sanfull Securities Limited” at Rooms 2001-6. The corridor was clean and well-maintained, with standardized signage and no shared office spaces or mixed company listings observed.

At Rooms 2001-6, the glass door prominently displayed “Sanfull Groups” along with its logo, featuring bold typography consistent with a securities firms branding. However, due to internal security restrictions, the team could not enter the office. Through the glass door, the interior appeared to have a closed office layout (no open workstations) with minimalist décor, though further details were unverifiable without entry.

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 Sanfull as scheduled and found the company at its regulatory address. It denotes that the broker has a physical office at the place. Meanwhile, investors are advised to make a judicious 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.