Purpose

The Hong Kong, China foreign exchange market is an international forex market that developed in the 1970s. As one of the international financial centers, the Hong Kong forex market is characterized by active trading, strong liquidity, and a rich variety of trading products, holding an important position in the Asian and even global forex markets. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the team conducted on-site visits in Hong Kong, China.

Process

As scheduled, the team visited the forex broker Excalibur in Hong Kong, China for an on-site inspection. According to public information, its office address is Room 1113-1115, 11th Floor, China Merchants Tower, Shun Tak Centre, 168-200 Connaught Road Central, Sheung Wan, Hong Kong.

A professional and experienced team, driven by a sense of mission to rigorously vet for investors, proceeded according to a meticulous plan to the Shun Tak Centre China Merchants Tower at 168-200 Connaught Road Central, Sheung Wan, Hong Kong, China, to conduct an on-site verification of the broker Excalibur which claims to be located at this address.

The team successfully arrived at the Shun Tak Centre China Merchants Tower. The location is in the core area of Sheung Wan, Hong Kong, with a bustling surrounding environment and a strong commercial atmosphere. However, no company signage or related information for Excalibur was found on the exterior of the building.

The team entered the building lobby and stated their purpose to the security personnel. After a simple registration, they obtained entry permission.

Upon reaching the target floor, the 11th floor, the team found no clear signage indicating the office area of Excalibur. As no company-related signage was seen, the team was unable to enter the interior. Furthermore, they could not photograph the target company's reception area. The office was not a shared workspace.

Looking through the corridor, the team observed that only other companies were operating on the floor, and no trace of Excalibur was seen. The overall situation did not match its claimed positioning.

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

Conclusion

The team visited the forex broker Excalibur at its publicly displayed business address in Hong Kong, China as planned, but failed to see information such as the broker's company name at the location, indicating that the broker does not have a genuine physical 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 used as the final basis for selection.