Purpose

The Hong Kong, China foreign exchange market is an international foreign exchange market that developed after the 1970s. As one of the international financial centers, Hong Kong's foreign exchange market is characterized by active trading, strong liquidity, and a rich variety of trading products. It occupies an important position in Asian foreign exchange trading, connecting to the global foreign exchange market. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the team traveled to Hong Kong, China for on-site visits.

Process

This period's team went to Hong Kong, China as planned to conduct on-site visits to forex brokersPBFX. According to publicly available information, their office address is "5/F, Health Mansion, 243 Prince Edward Road, Mong Kok, Kowloon, Hong Kong".

A professional and experienced team, driven by a sense of mission to rigorously vet for investors, traveled to Hong Kong, China according to a well-planned schedule to conduct an on-site verification of the broker PBFX that claimed to be located at "5/F, Health Mansion, 243 Prince Edward Road, Mong Kok, Kowloon, Hong Kong."

The team successfully arrived at the target building, located at 243 Prince Edward Road, Mong Kok, Kowloon, with a relatively bustling surrounding environment and a strong commercial atmosphere. However, no company signage or relevant information for PBFX was found on the exterior of the building.

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

Upon reaching the target floor, the 5th floor, the team found that PBFX's office area had no obvious signage and no security measures. As no trace of the company was found, the team could not enter the interior. Furthermore, they were unable to photograph the reception area, and the area was not a shared office space.

From the public areas on the floor, the team could not observe the company's interior environment, as there was simply no indication that PBFX's office existed here. The overall situation did not match its claimed positioning of having an actual physical office address.

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

Conclusion

The team visited the forex broker's purported business address in Hong Kong, China as planned, but found no information such as the company name displayed publicly at the location, indicating the broker lacks a genuine physical 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 used as the final basis for selection.