Purpose

The Hong Kong, China foreign exchange market is an international foreign exchange market that has developed since the 1970s. As one of the important international financial centers, the Hong Kong foreign exchange market is characterized by active trading, strong liquidity, 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 period's on-site inspection team went as planned to Hong Kong, China to conduct a field visit to the forex broker HX8888. According to public information, its office address is Room 502, 5th Floor, Heng Seng North Point Building, 341 King's Road, North Point, Hong Kong.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, followed a meticulous plan and traveled to Hong Kong, China, to conduct a physical verification of the broker HX8888 claiming to be located at Room 502, 5th Floor, Hang Seng North Point Building, 341 King's Road, North Point, Hong Kong.

The inspectors successfully arrived at the Hang Seng North Point Building. The location is on King's Road, North Point, Hong Kong, with a relatively bustling surrounding environment and a strong commercial atmosphere. However, no company logo or related information for HX8888 was found on the exterior of the building.

The inspectors entered the building lobby and stated their purpose to the security guard. After brief communication, they obtained permission to enter the building.

Upon reaching the target floor, the 5th floor, the inspectors found that the company's information was not listed on the internal directory board. There was no clear signage for HX8888 in the office area, so the inspectors were unable to enter the interior. Furthermore, they could not photograph a reception desk, and the office was not a shared workspace.

Through the glass door, as they could not enter, the inspectors were unable to observe the company's internal environment. Upon arrival, it was confirmed to be the correct address. After entering, no information about this broker was found. Inquiries with the reception indicated that no such company exists, raising doubts about its authenticity.

Therefore, after the on-site inspection, it was confirmed that broker HX8888 does not exist at the aforementioned address.

Conclusion

The on-site investigator visited the forex broker HX8888 at its publicly displayed business address in Hong Kong, China, as planned, but 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 final basis for selection.