Purpose

The Hong Kong foreign exchange market is an international forex market that developed in the 1970s. It is one of the most active forex trading markets in the world, characterized by flexible trading hours and a wide variety of trading instruments. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team went to Hong Kong for a visit.

Process

This verification team went to Hong Kong, China as planned to conduct an on-site visit to forex broker SCC. According to public information, its office address is 19F, Keen Hung Commercial Building, 80 - 86 Queen's Road East, Hong Kong.

A professional and experienced on-site verification team, with a mission to strictly vet for investors, followed a meticulous plan and went to Hong Kong, China. They conducted an on-site inspection of the broker SCC, which claimed to be located at 19F, Keen Hung Commercial Building, 80 - 86 Queen's Road East, Hong Kong.

The verification personnel arrived smoothly at Keen Hung Commercial Building, located at 80 - 86 Queen's Road East. The surrounding area is bustling with a strong commercial atmosphere. However, no company signage or related information was found outside the building.

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

Upon arriving at the target floor, the 19th floor, the verification personnel found that the office area of SCC had no clear signage or security measures. However, since the broker does not actually exist, they could not enter the interior. The verification personnel could not photograph the reception desk or its logo, and the office was not a shared office.

Even through the glass door, no internal environment of the company could be observed. After arriving, it was confirmed that this was the address, but no information about the broker was found. Upon inquiry, the security guard informed that the company did not exist, leading to the conclusion that it was fraudulent.

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

Conclusion

The field investigators planned to visit the foreign exchange trader SCC in Hong Kong, China. At its publicly displayed business address, they could not see the company name or other information of the trader, indicating that the trader does not have a real business premises. Please make your decision after comprehensive consideration.

Disclaimer

The above content and views are for reference only and are not the basis for final decision.