Purpose

The Hong Kong, China foreign exchange market is an international foreign exchange market that has developed since the 1970s. As one of the international financial centers, the Hong Kong foreign exchange market is characterized by active trading, well-established systems, and strict regulation, attracting numerous globally renowned financial institutions and investors to participate. 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

This time, the on-site inspection team went to Hong Kong, China as planned to conduct an on-site visit to the forex broker FXTM. According to public information, its office address is Two International Finance Centre, 8 Finance Street, Central, Hong Kong.

A professional and experienced on-site inspection team, driven by a sense of mission to strictly vet for investors, proceeded according to a meticulous plan to Hong Kong, China, to conduct a physical verification of the broker FXTM which claimed to be located at Two International Finance Centre, 8 Finance Street, Central, Hong Kong.

The inspection personnel successfully arrived at Two International Finance Centre, located in the core financial district of Central, Hong Kong, with a bustling surrounding environment and a strong commercial atmosphere. However, no company signage or related information for FXTM was found on the exterior of the building.

The inspection personnel entered the building lobby and stated their purpose to the security guard. After communication, they were granted permission to enter the lobby.

Inside the lobby, no company directory plate for FXTM was found, nor was the company's LOGO seen. As the specific floor location could not be confirmed, the inspection personnel were unable to reach the target floor. Upon inquiring with the front desk staff, they were informed that there was no such company and that outsiders could not go upstairs.

Finally, after the on-site inspection, it was confirmed that the broker FXTM does not exist at the aforementioned address.

Conclusion

The on-site investigator visited the forex broker FXTM 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 final basis for selection.