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, numerous participants, and a wide variety of trading products. Its foreign exchange transactions not only serve the local economy but also hold a significant position in the Asian and even global forex markets. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, an on-site inspection team conducted field visits in Hong Kong, China.

Process

The on-site inspection team visited the forex broker UTRADE in Hong Kong, China as scheduled. According to public information, its office address is 6th Floor, Hutchison House, 39 Gloucester Road, Hong Kong.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to Hong Kong, China, to conduct an on-site verification of the trader UTRADE allegedly located on the 6th floor of Hutchison House, 39 Gloucester Road, Hong Kong.

The inspection personnel successfully arrived at Harcourt House, located on Gloucester Road in Hong Kong. The surrounding environment is average, with a mediocre commercial atmosphere. No company signage or related information was found on the exterior of the building.

The surveyor enters the building lobby and explains their purpose to the security or staff. After communication, they obtain permission to enter. Information about the company can be found on the directory board inside the building.

Upon arriving at the target floor (6th floor), the field investigator found that the office area of UTRADE had clear signage. The investigator was able to photograph the reception desk and its logo, confirming that this office is not a shared workspace.

Although the reception area does not allow access to observe the specific office environment inside the company, the on-site investigator determined upon arrival that this is a genuine company, and the overall situation aligns with its claimed positioning.

Therefore, after on-site verification, it is confirmed that the dealer UTRADE exists at the above address.

Conclusion

The on-site investigator visited the forex broker UTRADE in Hong Kong, China as planned. The broker's company name and other information were visible at the publicly displayed business address, indicating the broker has a genuine operational presence. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

The above content and views are for reference only and should not be taken as the final basis for selection.