Purpose

The Hong Kong, China foreign exchange market is an international foreign exchange market that developed in the 1970s. It is one of the world's important foreign exchange trading centers, characterized by active trading, an open market, and strict regulation. 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 a field visit.

Process

In this issue, the on-site inspection team went as planned to Hong Kong, China, to conduct an on-site visit to the forex broker Sky Alliance Markets. According to public information, its office address is 23/F, One Pacific Place, 88 Queensway, Hong Kong.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, proceeded to Hong Kong, China according to a well-planned schedule to conduct a physical verification of the broker Sky Alliance Markets claiming to be located at 23/F, One Pacific Place, 88 Queensway, Hong Kong.

The inspectors successfully arrived at One Pacific Place. This location is in the heart of Hong Kong, with very convenient transportation, a bustling surrounding environment, and a strong commercial atmosphere. However, no signage or any relevant information about 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 brief communication, they were granted permission to enter.

Upon reaching the target floor, the 23rd floor, the inspectors found that the office area of Sky Alliance Markets had no clear signage and no security measures. As no trace of the company was found, the inspectors were unable to enter the interior and could not photograph the reception area or its logo. This office was not a shared workspace.

Through the glass door, as the interior could not be seen, it was impossible to observe the company's internal environment, etc. Overall, no information about this broker was found, which is inconsistent with the actual situation and does not match its claimed positioning.

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

Conclusion

The on-site inspector visited the forex broker Sky Alliance Markets at its publicly displayed business address in Hong Kong, China as planned, but could not find any 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 used as the final basis for selection.