Purpose

The Hong Kong, China foreign exchange market emerged as an international forex hub after the 1970s. Leveraging its strategic geographical location, robust financial system, and liberalized policy environment, it has become one of the key forex trading centers in the Asia-Pacific region. To help investors and 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 FxCape in Hong Kong, China as scheduled. According to public information, its office address is Wai Fung Plaza, 664 Nathan Road, MongKok, Kowloon, 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 FxCape allegedly located at Wai Fung Plaza, 664 Nathan Road, MongKok, Kowloon, Hong Kong.

The field investigator successfully arrived at Wai Fung Plaza, located at 664 Nathan Road, Mong Kok, Kowloon. The surrounding area is bustling with a strong commercial atmosphere. However, no company signage or related information for FxCape was found on the exterior of the building.

The inspector entered the building lobby and explained their purpose to the security personnel. After communication, they obtained permission to enter. However, the company's information was not listed on the directory inside the building.

Due to the lack of specific floor and door number information, the exact location could not be confirmed, and we were unable to reach the target floor. Upon inquiry, the security guard also informed us that there is no such company.

Since access to the company's interior is not possible, it's impossible to photograph the reception area or the logo at the front desk, nor is it a shared office. Through the lobby area, the internal environment of the company cannot be observed. Overall, the situation does not align with its claimed positioning of having a physical office address.

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

Conclusion

The inspection team visited the forex broker FxCape at its publicly displayed business address in Hong Kong, China as planned, but found no 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 considered as the final basis for selection.