Purpose

The Hong Kong foreign exchange market is an international foreign exchange market that developed after the 1970s. Leveraging its unique geographical location, open economic policies, and mature financial system, the Hong Kong foreign exchange market has become one of the important foreign exchange trading centers in Asia. To help investors or practitioners gain a more comprehensive understanding of foreign exchange brokers in the region, the fact-finding team conducted an on-site visit to Hong Kong, China.

Process

This time, the on-site inspection team went to Hong Kong, China to visit the forex broker Granville as planned. According to public information, its office address is Room C, 11/F, Hip Shing Hong Centre, 998 Canton Road, Mong Kok, Hong Kong*.

A professional and experienced on-site inspection team, with a mission to strictly check for investors, went to Hong Kong, China according to a thorough plan. They conducted an on-site verification of the broker Granville claiming to be located at that address.

The on-site inspectors arrived smoothly at Hip Shing Hong Mongkok Centre, which is located in the bustling area of Mongkok, Hong Kong, with a lively surrounding environment and a strong commercial atmosphere. However, no signage or related information of the company was found outside the building.

The on-site inspectors entered the building lobby, stated their purpose to the security guard, and after a brief conversation, obtained permission to enter the building.

After arriving at the target floor, the 11th floor, the on-site inspectors found no clear signage for the office area of Granville and no relevant security measures. Since the company's office area was not found at all, they could not enter the interior, nor could they take photos of the reception desk or its logo, and the area was not a shared office.

After arriving, the on-site inspectors confirmed that it was the address, but found no information about the broker. After inquiring with the security guard, they were told that the company did not exist, and they concluded that the company's address was false. Through the public area of that floor, since there was no distinct area pointing to the company, they could not observe the internal environment or other conditions of the company.

Therefore, after the on-site inspection, it was confirmed that the broker Granville does not exist at the above address.

Conclusion

The field investigator went to Hong Kong, China as planned to conduct an on-site visit to forex broker Granville. At the publicly displayed business address, no company name or other information of the broker could be seen, indicating that the broker does not have a genuine business premises. Please make your choice after comprehensive consideration.

Disclaimer

The above content and opinions are for reference only and do not serve as a basis for final decisions.