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. 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

The on-site inspection team visited the forex broker deerxiao in Hong Kong, China as planned. According to public information, its office address is Room 4, 16th Floor, Hejing Commercial Center, 2-16 Fayue Street, Mong Kok, Hong Kong.

A professional and experienced on-site verification team, driven by a sense of mission to strictly vet for investors, proceeded according to a meticulous plan to the address at 2-16 Fa Yue Street, Mong Kok, Hong Kong, China, to conduct an on-site verification of the dealer deerxiao, which claimed to be located in Room 4, 16th Floor, Hejing Commercial Center, Fa Yue Street, Mong Kok, Hong Kong.

The verification personnel successfully arrived at Hejing Commercial Center. The location is on Fa Yue Street, Mong Kok, Hong Kong, with relatively bustling surrounding streets and a strong commercial atmosphere. No company signage or related information for deerxiao was found on the exterior of the building.

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

Upon reaching the target floor, the 16th floor, the verification personnel found that deerxiao's office area had no obvious signage or security measures. As no information about the company was found, the verification personnel were unable to enter the interior, could not photograph the reception area, and the office was not a shared workspace.

Through the floor corridor, the verification personnel were unable to observe the company's internal environment and other conditions. No information about this dealer was found. Inquiries with security guards revealed that there was no such company. The overall situation did not match its claimed positioning.

Therefore, after the on-site verification, it was confirmed that the dealer deerxiao does not exist at the aforementioned address.

Conclusion

The on-site investigator visited the forex broker deerxiao at its publicly displayed business address in Hong Kong, China as planned, but did not see any information such as the company name of the broker 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 views are for reference only and should not be used as the final basis for selection.