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 conducted field visits in Hong Kong, China.

Process

This time, the on-site inspection team went as planned to Hong Kong, China, to conduct an on-site visit to the forex broker Capital TradeFX. According to public information, its office address is Unit 25A, 25/Floor, Wing Hing Commercial Building, 139 Wing Lok Street, Sheung Wan, Hong Kong.

A professional and experienced inspection team, driven by a sense of mission to rigorously vet for investors, proceeded according to a well-planned schedule to 139 Wing Lok Street, Sheung Wan, Hong Kong, China, at the Wing Hing Commercial Building, to conduct an on-site verification of the broker Capital TradeFX which claims to be located at this address.

The inspectors successfully arrived at the Wing Hing Commercial Building. The location is on Wing Lok Street in Sheung Wan, Hong Kong, China, surrounded by a bustling environment with a strong commercial atmosphere. However, no company signage or related information for Capital TradeFX was found on the exterior of the building.

The inspectors entered the building lobby and stated their purpose to the security guard. After communication, permission to enter was granted. The directory board inside the building showed information for other companies at this address.

Upon reaching the target floor, the 25th floor, the inspectors found that the office area for Capital TradeFX had no obvious signage or security measures. As no information about the company was found, the inspectors were unable to enter the interior, could not photograph the reception area, and the office was not a shared workspace.

Because entry was denied, through the closed door, the inspectors could not observe the internal environment of the company. The overall situation did not match the positioning claimed by this broker.

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

Conclusion

The on-site investigator visited the forex broker's publicly displayed business address in Hong Kong, China as planned, but was unable to see any information such as the broker's company name at the location. This indicates the broker does not have a genuine physical 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.