Purpose

The Hong Kong, China foreign exchange market is an international foreign exchange market that developed after the 1970s. Since the abolition of foreign exchange controls in Hong Kong in the 1970s, large amounts of international capital have flowed in, the number of financial institutions operating foreign exchange businesses has continuously increased, the foreign exchange market has become increasingly active, and it has gradually developed into an international foreign exchange market. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team traveled to Hong Kong, China for on-the-ground visits.

Process

The on-site inspection team visited the forex broker TRANZI in Hong Kong, China as scheduled. According to public information, its office address is 6/F RFCM, Manulife Place, 348 Kwun Tong Road, Kowloon, Hong Kong.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors, proceeded according to a meticulous plan to Hong Kong, China, to conduct a physical verification of the broker TRANZI claiming to be located at 6/F RFCM, Manulife Place, 348 Kwun Tong Road, Kowloon, Hong Kong.

The inspectors successfully arrived at Manulife Place, located at 348 Kwun Tong Road, Kowloon. The surrounding environment is relatively prosperous with a strong commercial atmosphere. However, no company signage or related information for TRANZI was found on the exterior of the building.

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

However, no directory board for the company was found inside the building, nor was the company's logo seen. As inquiries with the front desk revealed that there was no such company, and the front desk did not allow access upstairs, the inspectors were unable to reach the target floor (6th floor). Consequently, they could not confirm the company's specific location or enter the company's interior. Additionally, they were unable to photograph the front desk, and the offices here were not shared offices.

From the lobby area, as they could not enter the company's interior, the inspectors were unable to observe the company's internal environment and other conditions. Overall, no information about this broker was found, casting doubt on its authenticity.

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

Conclusion

The on-site investigator visited the forex broker TRANZI at its publicly displayed business address in Hong Kong, China as planned, but could not find any information such as the broker's company name at the location, 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 opinions are for reference only and should not be used as the sole basis for final selection.