Purpose

The Hong Kong, China foreign exchange market is an international forex market that developed in the 1970s. It is one of the world's important forex trading centers, characterized by active trading, a high degree of market openness, and numerous financial institutions. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team went to Hong Kong, China for field visits.

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 Blue Ocean. According to public information, its office address is Room 12, 12/F, Block B, Cheung Wah Industrial Building, 10 - 12 Shipyard Lane, Quarry Bay, 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 well-planned schedule to Quarry Bay, Hong Kong, China, to conduct an on-site verification of the dealer Blue Ocean which claims to be located at Room 12, 12/F, Block B, Cheung Wah Industrial Building, 10 - 12 Shipyard Lane, Quarry Bay, Hong Kong.

The verification personnel successfully arrived at Cheung Wah Industrial Building, located at 10 - 12 Shipyard Lane, Quarry Bay, Hong Kong. The surrounding environment is relatively ordinary, with a general commercial atmosphere. 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 communication, permission to enter was granted.

Upon reaching the target floor, the 12th floor, the verification personnel found that the office area of Blue Ocean 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 office space.

Through the public areas on the floor, the verification personnel were unable to observe the interior of the company. The overall situation does not match its claimed positioning.

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

Conclusion

The on-site inspection team visited the forex broker Blue Ocean in Hong Kong, China as planned. At its publicly displayed business address, the team was unable to see any information such as the broker's company name, 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.