Purpose

The Hong Kong, China foreign exchange market is an international foreign exchange market that has developed since the 1970s. As one of the international financial centers, the Hong Kong foreign exchange market is characterized by active trading, a well-established system, and strict regulation. 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 EPECS in Hong Kong, China as planned. According to public information, its office address is China Merchants Tower Shun Tak Centre, Units 1910 - 12, 19th Floor, 168 - 200 Connaught Rd W, C, Hong Kong.

A professional and experienced on-site inspection team, driven by a sense of mission to strictly vet for investors, followed a meticulous plan and traveled to Hong Kong, China, to conduct a physical verification of the broker EPECS which claimed to be located at China Merchants Tower Shun Tak Centre, Units 1910 - 12, 19th Floor, 168 - 200 Connaught Rd W, C, Hong Kong.

The inspection personnel successfully arrived at China Merchants Tower, located at 168 - 200 Connaught Road West, Hong Kong. The surrounding area is bustling with a strong commercial atmosphere. However, no company signage or related information for EPECS was found on the exterior of the building.

The inspection personnel entered the building lobby and stated their purpose to the security guard. After communication, they were granted entry permission.

Upon reaching the target 19th floor, the inspection personnel found that the company's information was not listed on the internal directory board. There was no clear signage for EPECS in the office area. As no trace of the company was found, the inspection personnel were unable to enter the so-called interior. They were also unable to photograph the reception desk or logo of EPECS. The office area was not a shared office space.

Through the glass doors, the inspection personnel could not observe the company's internal environment either. The overall situation could not be assessed to determine if it matched its claimed positioning. No information regarding this broker was found. Inquiry with the security guard revealed that no such company existed at the location, leading to the judgment that it was false.

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

Conclusion

The on-site inspection team visited the forex broker EPECS in Hong Kong, China as planned. At its publicly displayed business address, the broker's company name and other information were not visible, indicating that the broker does not have a genuine business location. 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.