Purpose

The Hong Kong, China foreign exchange market is an international forex market that developed in the 1970s. Leveraging its advantageous geographical location, sound financial system, and open policy environment, it has become one of Asia's important foreign exchange trading centers. 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

In this issue, the on-site inspection team went as planned to Hong Kong, China, to conduct an on-site visit to the forex broker SF Asia. According to publicly available information, its office address is RM C, 6/F, World Trust Tower, 50 Stanley Street, Central, Hong Kong.

A professional and experienced on-site verification team, driven by a sense of mission to rigorously vet for investors, proceeded according to a meticulous plan to 50 Stanley Street, World Trust Tower, Central, Hong Kong, China, to conduct an on-site verification of the trader SF Asia claiming to be located in Room C, 6th Floor at this address.

The verification personnel successfully arrived at World Trust Tower. The location is situated in the core area of Central, Hong Kong, with a bustling surrounding environment and a strong commercial atmosphere. However, no company signage or relevant information for SF Asia was found on the exterior of the building.

The verification personnel entered the building lobby and stated their purpose to the security guard. After brief communication, permission to enter the building was obtained. Inquiry at the front desk revealed that there is no such company within the building.

Upon reaching the target floor, the 6th floor, the verification personnel found no clear signage for SF Asia's office area, nor corresponding security measures. The personnel attempted to locate the company but were unable to find any trace of it. Consequently, the personnel could not enter the so-called interior; the office area was not a shared workspace.

From the public areas on the floor, the verification personnel naturally could not observe the company's internal environment or other conditions. Overall, the on-site situation completely did not match the positioning claimed by this trader.

Therefore, after the on-site verification, it was confirmed that trader SF Asia does not exist at the aforementioned address.

Conclusion

The on-site investigator visited the forex broker SF Asia at its publicly displayed business address in Hong Kong, China as planned, but could not find any information such as the company name of the broker, 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.