Purpose

The Hong Kong foreign exchange market, which developed in the 1970s, is an international forex market and one of the world's important foreign exchange trading centers. It is characterized by active trading, a high degree of market openness, and a large number of financial institutions. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the team conducted on-site visits in Hong Kong.

Process

This time, the team went to Hong Kong, China as planned to conduct an on-site visit to the forex broker LIKEWOOD. According to public information, its office address is 604, TOWER A, NEW TRADE PLAZA, 6 ON PING STREET, SHATIN, N.T., HONG KONG.

A professional and experienced team, driven by a sense of mission to rigorously vet for investors, followed a meticulous plan and traveled to Hong Kong, China, to conduct an on-site verification of the broker LIKEWOOD which claims to be located at 604, TOWER A, NEW TRADE PLAZA, 6 ON PING STREET, SHATIN, N.T., HONG KONG.

The team successfully arrived at Tower A of the New Trade Plaza, located at 6 On Ping Street, Shatin, Hong Kong. The surrounding area is relatively bustling with a strong commercial atmosphere. However, no company signage or related information for LIKEWOOD was found on the exterior of the building.

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

Upon reaching the target floor, the 6th floor, the team found that the directory board displayed information for other companies. There were no clear signs for LIKEWOOD in the office area, nor any security measures. Inquiries with security personnel revealed that no such company existed there.

As no information about the company was found, the team was unable to enter the premises. They could not photograph the reception area or logo of LIKEWOOD, and the office was not a shared workspace.

Since entry was completely impossible, the team could not observe the internal environment of the company through the frosted glass door. No information about this broker was found, leading to the judgment that it is false.

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

Conclusion

The team visited the forex broker LIKEWOOD at its publicly displayed business address in Hong Kong, China, as planned, but did not see the broker's company name or other information at the location, indicating that the broker does not have a genuine business premises. Please consider all factors before making your choice.

Disclaimer

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