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 characterized by active trading, numerous participants, and a rich variety of trading products. 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

As planned, the on-site inspection team visited the forex broker VFX in Hong Kong, China. According to public information, its office address is Unit D 16/f One Capital Place 18 Luard Place, Wan Chai 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 meticulous plan to Hong Kong, China, to conduct a physical verification of the broker VFX claiming to be located at Unit D 16/f One Capital Place, 18 Luard Place, Wan Chai, Hong Kong.

The inspectors successfully arrived at One Capital Place, located at 18 Luard Road, Wan Chai, Hong Kong. The surrounding area is bustling with a strong commercial atmosphere. No company signage or related information for VFX was found on the exterior of the building.

The inspectors 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 16th floor, the inspectors found no clear signage or security measures for VFX in the office area. As no information about this broker was found, the inspectors were unable to enter the interior, failed to photograph VFX's reception desk, and the office was not a shared workspace.

Through the public area, as they could not enter, they were unable to observe the company's internal environment and other conditions. Overall, no information about this broker was found. Inquiry with security personnel indicated there was no such company, leading to the judgment that the broker's address is false.

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

Conclusion

The on-site inspector proceeded as planned to the publicly displayed business address of the forex broker VFX in Hong Kong, China, but was unable to see 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 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.