Purpose

The Hong Kong, China foreign exchange market is an international forex market that has developed since the 1970s. Leveraging its advantageous geographical location, well-established financial infrastructure, and highly open economic environment, it has become one of the world's important foreign exchange trading centers. 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

In this issue, the on-site inspection team visited the forex broker GEEDEY CAPITAL in Hong Kong, China as planned. According to public information, its office address is Room 1605, Ho King Commercial Centre, 2 - 16 Fa Yuen Street, Mongkok, Kowloon, Hong Kong.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, proceeded according to a well-planned schedule to Hong Kong, China, to conduct a physical verification of the broker GEEDEY CAPITAL claiming to be located at Room 1605, Ho King Commercial Centre, 2 - 16 Fa Yuen Street, Mongkok, Kowloon, Hong Kong.

The inspectors successfully arrived at Ho King Commercial Centre, located at 2 - 16 Fa Yuen Street, Mongkok, Kowloon. The surrounding streets are bustling with a strong commercial atmosphere. However, no signage or relevant information of the company 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 obtained permission to enter.

Upon reaching the target floor, the 16th floor, the inspectors found that the office area of GEEDEY CAPITAL had no obvious signage and no security measures. Upon inquiry, it was learned that the company simply did not exist. Therefore, the inspectors could not enter the interior, could not photograph a reception area, and the office was not a shared workspace.

From the public areas on the floor, the inspectors could not observe the interior of the company because its office area could not be confirmed at all. The overall situation did not match its claimed positioning.

Consequently, after the on-site inspection, it was confirmed that broker GEEDEY CAPITAL does not exist at the aforementioned address.

Conclusion

The on-site inspection team visited the forex broker's GEEDEY CAPITAL 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 final basis for selection.