Purpose

The Hong Kong foreign exchange market in China developed into an international forex market after the 1970s. As one of the global financial centers, Hong Kong's forex market is characterized by active trading, numerous participants, and a wide variety of trading products. It plays a significant role in foreign exchange transactions across Asia, connecting with the global forex market. To help investors or practitioners gain 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 FGFSL in Hong Kong, China as planned. According to public information, its office address is on the 17th floor of the EC Healthcare Building (Central), 19-20 Connaught Road Central, Central, 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 FGFSL purportedly located on the 17th floor of the EC Healthcare Building (Central), 19-20 Connaught Road Central, Central, Hong Kong.

The inspector successfully arrived at the EC Healthcare Building, located in Central, Hong Kong. The surrounding environment is average, with a mediocre commercial atmosphere. No company signage or related information for FGFSL was found on the exterior of the building. The building itself is relatively small, but due to its location in Wan Chai, the rent is quite expensive.

The surveyor entered the building lobby and explained their purpose to the security personnel. After communication, they obtained permission to enter.

Upon arriving at the target floor, the 17th floor, the field investigator found no clear signage for FGFSL's office area. After going up, they discovered it was another company, leading to the conclusion that FGFSL's address might be false. Since it was not related to FGFSL's office area, the investigator could not enter the premises or take photos of the reception desk and its logo. This office space was not a shared workspace.

Through the common areas of the floor, the inspector was unable to observe the internal environment of FGFSL company, and the overall situation remains unknown due to the inability to enter.

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

Conclusion

The inspection team visited the foreign exchange broker FGFSL 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.