Purpose

The Hong Kong foreign exchange market is an international foreign exchange market that developed after the 1970s. As one of the international financial centers, Hong Kong's foreign exchange market is characterized by active trading, numerous participants, and a variety of trading instruments. To help investors or practitioners gain a more comprehensive understanding of the foreign exchange brokers in this region, the on-site inspection team went to Hong Kong for a field visit.

Process

This time, the on-site survey team went to Hong Kong, China as planned to visit the forex broker Nerico. According to public information, its office address is Room 1101, 11/F, Phase 1, Lee Garden, 33 Hysan Avenue, Causeway Bay, Hong Kong.

A professional and experienced site visit team, with a mission to strictly vet for investors, followed a meticulous plan and traveled to Hong Kong, China. They conducted an on-site inspection of the broker Nerico, which claims to be located at Room 1101, 11/F, Lee Garden One, 33 Hysan Avenue, Causeway Bay, Hong Kong.

The site visitors successfully arrived at Lee Garden One, located in the bustling area of Causeway Bay, Hong Kong, with a lively surrounding environment and a strong commercial atmosphere. However, no company logo or related information of Nerico was found outside the building.

The site visitors entered the building lobby and stated their purpose to the security guard. After a brief conversation, they obtained permission to enter the building.

Upon reaching the target floor (11th floor), the site visitors found no clear signage for the Nerico office area, nor any related security measures. Since there was no information about the company in the building, the site visitors could not enter the so-called interior. Additionally, they were unable to take photos of the front desk and its logo, and the office area was not a shared office.

From the public area of the floor, due to inability to enter, the site visitors could not observe the company's internal environment. Upon arrival, they confirmed the address, but found no information about the broker. When asked, the security guard said there was no such company, leading to the conclusion that it was false. Therefore, after the site visit, it was confirmed that broker Nerico does not exist at the above address.

Conclusion

The field surveyors went to Hong Kong, China as planned to conduct an on-site visit to forex broker Nerico. 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 a real business location. Investors are advised to make their choice after comprehensive consideration.

Disclaimer

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