Purpose

The Hong Kong foreign exchange market in China has developed into an international forex market since the 1970s. As one of the global financial centers, its forex market is highly active, well-regulated, and characterized by a high degree of openness and internationalization. To assist investors or practitioners in gaining 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 GREATICAPITAL in Hong Kong, China as scheduled. According to public information, its office address is RM4, 16/F, HO KING COMM CTR, 2-16 FAYUEN ST, MONGKOK KL.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet investments for investors, meticulously planned and traveled to Hong Kong, China, to conduct an on-site verification of the trader GREATICAPITAL claiming to be located at RM4, 16/F, HO KING COMM CTR, 2 - 16 FAYUEN ST, MONGKOK KL.

The inspection personnel successfully arrived at the target building, which is located in the bustling area of Mong Kok with a lively and prosperous surrounding environment and a strong commercial atmosphere. However, no signage or relevant information of the company was found on the exterior of the building.

The inspector entered the building lobby and explained their purpose to the security personnel. After a brief communication, they were granted entry. Inside the building, there was no signage for the company.

Upon arriving at the target floor, the 16th floor, the field investigator found that the office area of GREATICAPITAL had no clear signage or security measures. Due to the absence of any visible information about the dealer, the investigator was unable to enter the premises. Additionally, they could not photograph the reception area or its logo, confirming that the office was not a shared workspace.

Through the common areas of the floor, the inspectors were unable to observe the internal situation of the company, and the overall condition did not match its claimed positioning.

Therefore, after on-site verification, it was confirmed that the dealer GREATICAPITAL does not exist at the above address.

Conclusion

The inspection team visited the forex broker GREATICAPITAL 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 selection.