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香港特别行政区中西区梅道10-~12
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 Fidelity as planned according to its regulatory address that Level 21, Two Pacific Place, 88 Queensway, Admiralty, 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 Fidelity at 88 Queensway in Admiralty, a financial and commercial district in Hong Kong.
Two Pacific Place is located in Hong Kongs Admiralty business district, surrounded by dense pedestrian traffic and a vibrant commercial atmosphere. The area integrates finance, dining, residential, and retail sectors, with convenient transportation and serves as a high-end business landmark. The building in question is a Grade A office tower featuring a modern exterior design and comprehensive surrounding amenities, meeting the location standards of international financial institutions.
The inspection team successfully entered the ground floor lobby of the building and found that the directory clearly listed “FIL ASIA HOLDINGS PTE LIMITED” on the 21st floor. Although this name differs from the target company “Fidelity,” preliminary research suggested a possible connection to a subsidiary or affiliated brand, prompting a decision to proceed to the 21st floor for further verification.
Upon arriving at the 21st floor, the elevator lobby directory displayed “FIDELITY INTERNATIONAL,” which closely matches the target companys name. The glass doors in the corridor clearly showed the company's logo and branding for “FIDELITY INTERNATIONAL,” with no signs of shared office spaces, indicating that the floor is dedicated exclusively to the company.
Although no Fidelity logo was visible on the exterior of the building, the entrance on the 21st floor featured complete branding, including the company name and logo. When attempting to enter the office, it was discovered that the workspace operated under restricted access, with the glass doors locked and no entry permission granted. From the outside, the office appeared to have a minimalist interior design, but the exact number of workstations and internal facilities could not be assessed due to limited visibility.
Through the on-site investigation, it is confirmed that Fidelity maintains a physical presence at the above address.
Conclusion
The survey team went to Hong Kong, China to visit broker Fidelity 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 well-considered decision following much deliberation.
Disclaimer
The content is for informational purpose only and shall not be taken as a final order for making a choice.
Website:https://www.fidelity.com.hk/en/
Website:https://www.fidelity.com.hk/en/
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