Purpose

The Hong Kong foreign exchange market is an international forex market that developed after World War II. As one of the international financial centers, Hong Kong's foreign exchange market is actively traded and has significant international influence. To help investors or practitioners gain a more comprehensive understanding of forex dealers in the region, the survey team went to Hong Kong for an on-site visit.

Process

This period's site inspection team went to Hong Kong, China as planned to visit forex dealer CFB. According to public information, its office address is Room E, 21/F, King Mao Centre, 62 Chun Yip Street, Kwun Tong, Kowloon, Hong Kong.

Professional and experienced site inspection team, with a sense of mission to strictly screen for investors, followed a meticulous plan and went to Hong Kong, China. They conducted an on-site verification of the broker CFB claiming to be located at Unit E, 21/F, King Mao Centre, 62 Chun Yip Street, Kwun Tong, Kowloon, Hong Kong.

The site inspectors arrived at King Mao Centre smoothly. The location has convenient transportation and a strong commercial atmosphere. However, no signage or related information of CFB company was found outside the building.

The site inspectors entered the building lobby, stated their purpose to the security guard, and after a brief communication, obtained permission to enter the building.

After arriving at the target floor, the 21st floor, the site inspectors found no clear signage for the CFB office area, nor any corresponding security measures. Since no relevant signs of the company were found, the site inspectors could not enter the interior for inspection. Moreover, they were unable to take photos of the reception desk or its logo, and the office area is not a co-working space.

Looking from the common area of the floor towards the alleged company area, because the door was not open, they could not observe the internal environment, let alone determine the decoration style or employee activity. After arriving, they confirmed the address but found no information about the broker. Inquiring with the security guard, they were told that no such company exists, and concluded it is fake.

Therefore, after the site inspection, it is confirmed that broker CFB does not exist at the above address.

Conclusion

The surveying team planned to visit the forex broker CFB in Hong Kong, China. At its publicly displayed business address, they could not see the broker's company name or other information, indicating that the broker does not have real business premises. Please consider all factors before making a decision.

Disclaimer

The above content and views are for reference only and are not the basis for final selection.