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, high liquidity, and flexible trading hours, closely connected with the global forex market. 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 OFM in Hong Kong, China as planned. According to public information, its office address is #8th floor, CHINA HONG KONG TOWER 8 - 12 Hennesey Road, Wan Chai. HONG KONG.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, meticulously planned and proceeded to the Hong Kong Building at 8-12 Hennessy Road, Causeway Bay, Hong Kong, China, to conduct an on-site verification of the dealer OFM allegedly located on the 8th floor of the address.

The inspection personnel successfully arrived at the China Hong Kong Building, located on Hennessy Road in Wan Chai, Hong Kong. The surrounding area is bustling with a strong commercial atmosphere. However, no company signage or related information was found on the exterior of the building.

The surveyor entered the building lobby and stated their purpose to the security guard. There was no information about the company on the directory inside the building.

During the communication, the security guard informed that there was no company named OFM and rejected the request from the surveyor to go upstairs for inspection. The surveyor failed to obtain entry permission.

The inspector was unable to reach the target floor (8th floor) and confirm the specific location, could not enter the interior, and was unable to photograph the reception area or its logo. Additionally, this office is not a shared workspace.

Through the common areas of the floor, the inspector was unable to observe the internal environment of the company. The overall situation does not match its claimed presence at this address.

Therefore, after on-site verification, it has been confirmed that the broker OFM does not exist at the above address.

Conclusion

The inspection team visited the forex broker OFM 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 opinions are for reference only and should not be considered as the final basis for decision-making.