Purpose

The Hong Kong, China foreign exchange market is an international forex market that developed in the 1970s. Leveraging its advantageous geographical location, sound financial system, and open policy environment, it has become one of the important foreign exchange trading centers in the Asian region. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site investigation team conducted field visits in Hong Kong, China.

Process

In this issue, the on-site inspection team visited the forex broker __TERM_0__ in Hong Kong, China as planned. According to public information, its office address is __TERM_1__ Hong Kong Unit 505, 5th floor, 28 Stanley Street, Central, 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 28 Stanley Street, Central, Hong Kong, China, to conduct an on-site verification of the broker Omerta Group which claimed to be located at this address.

The verification personnel successfully arrived at the target building, located in the core area of Central, Hong Kong, with a bustling surrounding environment and a strong commercial atmosphere. However, no signage or relevant information of the company 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 to enter the building was obtained.

Upon reaching the target floor, the 5th floor, the verification personnel found no clear signage for the Omerta Group office area, nor any corresponding security measures. As no information about the company was found within the building, the verification personnel were unable to enter the company's interior. Furthermore, they could not photograph a reception desk, and the office area was not a shared workspace.

From the public areas on the floor, the verification personnel naturally could not observe the company's internal environment or other conditions. No information about this broker was found. Inquiries with the reception indicated that no such company existed, leading to the judgment that it was false.

Therefore, after the on-site verification, it was confirmed that broker Omerta Group does not exist at the aforementioned address.

Conclusion

The on-site inspection team visited the forex broker's 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. This indicates 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.