Purpose

The Hong Kong, China foreign exchange market is an international foreign exchange market that developed in the 1970s. As one of the important international financial centers, the Hong Kong foreign exchange market features characteristics such as active trading, strong liquidity, and a rich variety of trading products. 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 Lunboux in Hong Kong, China as planned. According to public information, its office address is RM12, 19/F, Ho King Comm Ctr, 2 - 16 Fayuen St, Mongkok, Kowloon, Hong Kong.

A professional and experienced on-site verification team, driven by a sense of mission to strictly vet for investors, proceeded to Hong Kong, China according to a well-planned schedule to conduct a physical verification of the broker Lunboux claiming to be located at RM12, 19/F, Ho King Comm Ctr, 2 - 16 Fayuen St, Mongkok, Kowloon, Hong Kong.

The verification personnel successfully arrived at the target building, located in Mongkok, Kowloon, with a bustling 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 verification personnel entered the building lobby and, after stating their purpose to the security guard, obtained permission to enter.

Upon reaching the target floor, the 19th floor, the verification personnel found no clear signage for Lunboux, nor any related security measures. As there was no information about the company within the building, the verification personnel were unable to enter the interior. Furthermore, they could not photograph the reception area, and this location was not a shared office space.

Through the public areas on the floor, the verification personnel could not observe the company's internal environment. Despite the strong commercial atmosphere in the surrounding area, no information about this broker was found upon entry, leading to the conclusion that the broker's office address is false.

Therefore, after the on-site verification, it was confirmed that broker Lunboux does not exist at the aforementioned address.

Conclusion

The on-site inspection team visited the forex broker Lunboux at its publicly displayed business address in Hong Kong, China as planned, but was unable to see any information such as the broker's company name at the location, indicating that the broker does not have a genuine business premises. Investors are advised to make their choice after comprehensive consideration.

Disclaimer

The above content and views are for reference only and should not be used as the sole basis for final selection.