Purpose

The Hong Kong, China foreign exchange market is an international forex market that developed in the 1970s. As one of the global financial centers, its forex market is characterized by active trading, high liquidity, and strict regulation. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team conducted field visits in Hong Kong, China.

Process

The on-site inspection team visited the forex broker Yescom Financial Limited in Hong Kong, China as scheduled. According to public information, its office address is RM4, 16/F, HO KING COMM CTR, 2 - 16 FAYUENST, MONGKOK, KOWLOON, 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 Yescom Financial Limited reportedly located at RM4, 16/F, HO KING COMM CTR, 2 - 16 FAYUENST, MONGKOK, KOWLOON, HONG KONG.

The inspection personnel successfully arrived at the target building, which is located on a main street in Mong Kok, surrounded by a bustling environment with a strong commercial atmosphere. However, no company logo or relevant information of the trader was found on the exterior of the building.

The surveyor entered the building lobby and explained their purpose to the security personnel. After a brief communication, they obtained permission to enter the building. Inside the premises, no signage or information related to the company was found.

Upon arriving at the target floor (16th floor), the field investigator found that the office area of Yescom Financial Limited had no clear signage or security measures. Due to the absence of any identifiable information about the broker, the investigator was unable to enter the premises. Additionally, they could not photograph the reception area or its logo, and the office space was not a shared workspace.

Through the public areas of the floor, the inspectors were unable to observe the internal environment of the company. The overall situation could not be confirmed to match its claimed positioning, leading to the judgment that it is fraudulent.

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

Conclusion

The on-site investigator visited the forex broker Yescom Financial Limited in Hong Kong, China as planned. The broker's company name and other information were not found at the publicly displayed business address, indicating that the broker does not have a genuine operational 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.