Purpose

The Hong Kong, China foreign exchange market is an international foreign exchange market that developed in the 1970s. As one of the international financial centers, the Hong Kong foreign exchange market is characterized by active trading, well-established systems, and strict regulation. 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

This time, the on-site inspection team went as planned to Hong Kong, China to conduct an on-site visit to the forex broker Safumax. According to publicly available information, its office address is Flat C 6/F Wing Kiu Building, 530 Nathan Road, Yau Ma Tei HONG KONG.

A professional and experienced on-site inspection team, driven by a sense of mission to strictly vet for investors, proceeded according to a well-planned schedule to Hong Kong, China, to conduct an on-site verification of the broker Safumax claiming to be located at Flat C 6/F Wing Kiu Building, 530 Nathan Road, Yau Ma Tei HONG KONG.

The inspectors successfully arrived at the target building, located at 530 Nathan Road, Yau Ma Tei. The surrounding area is a relatively dense residential zone, with a quiet environment and average commercial atmosphere. No company signage or related information was found on the exterior of the building.

The inspectors entered the building lobby and stated their purpose to the security guard. After communication, the security guard informed them that the location was private residential property and entry was not permitted, and also stated that there was no company named Safumax here.

As entry into the building was not possible, the inspectors could not reach the target floor to confirm the situation of the company's office area, nor could they enter the interior. Furthermore, this area is not a shared office space.

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

Conclusion

The on-site inspection team visited the forex broker Safumax in Hong Kong, China as planned. At its publicly displayed business address, the team was unable to see any information such as the broker's company name, indicating that the broker does not have a genuine business premises. Investors are advised to make their choice after comprehensive consideration.

Disclaimer

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