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 active in trading, with a high degree of openness and liquidity. 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, China for on-site visits.

Process

The on-site inspection team for this period went to Hong Kong, China as planned to visit the forex broker Larson&Holz. According to public information, its office address is 'LARSON & HOLZ IT LTD 6/F Yen Sheng Centre 64 Hoi Yuen Road Kwun Tong, Hong Kong'.

A professional and experienced on-site inspection team, driven by a mission to rigorously screen for investors, followed a meticulous plan and traveled to Hong Kong, China, to conduct a physical verification of the broker Larson&Holz claiming to be located at "LARSON & HOLZ IT LTD  6/F Yen Sheng Centre 64 Hoi Yuen Road Kwun Tong, Hong Kong".

The inspectors successfully arrived at the target building, Yen Sheng Centre, located at 64 Hoi Yuen Road, Kwun Tong, Hong Kong. While the surrounding street environment was normal, the commercial atmosphere was average. No company signage or related information for this broker was found on the exterior of the building.

The inspectors entered the building lobby, stated their purpose to the security guard, and after brief communication, obtained permission to enter.

Upon reaching the target floor, the 6th floor, the inspectors found no information for this company on the internal directory board, and there was no clear signage for Larson&Holz in the office area. As no information related to this broker was found within the building, the inspectors were unable to enter the interior and could not photograph the reception area. The office area was also not a shared workspace.

From the public areas on the floor, as entry was not possible, the internal office environment and other conditions of the company could not be observed. Overall, no information regarding this broker was found, leading to the judgment that it is false.

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

Conclusion

The on-site inspection team visited the forex broker Larson&Holz at its publicly displayed business address in Hong Kong, China as planned, but could not find 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 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.