Purpose

The Hong Kong foreign exchange market is an international forex market that developed in the 1970s. Since Hong Kong lifted foreign exchange controls in the 1970s, the Hong Kong forex market has grown rapidly and become one of the world's most important foreign exchange trading centers. It features flexible trading hours that overlap with the trading hours of major global forex markets, as well as a wide variety of trading products. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the investigative team traveled to Hong Kong for an on-site visit.

Process

This time the survey team plans to go to Hong Kong, China to physically visit forex dealer MONETA MARKETS. According to public information, its office address is Flat/RM A 12/F ZJ 300, 300 Lockhart Road, Wan Chai, Hong Kong.

A professional and experienced on-site inspection team, with a sense of mission to strictly scrutinize for investors, followed a meticulous plan and went to Hong Kong, China. They conducted a field verification of the broker MONETA MARKETS, which claims to be located at Flat/RM A 12/F ZJ 300, 300 Lockhart Road, Wan Chai, Hong Kong.

The on-site inspectors successfully arrived at the target building, located at 300 Lockhart Road, Wan Chai, Hong Kong. The surrounding environment is relatively bustling with a strong commercial atmosphere. However, no signage or relevant information of the broker was found outside the building.

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

Upon arriving at the target floor, the 12th floor, the inspectors found no obvious signage for the office area of MONETA MARKETS, nor any security measures. Since no trace of the broker was found, the inspectors could not enter the so-called interior. Moreover, they could not photograph the front desk or the front desk logo, and it was not a shared office.

Through the public area, it was naturally impossible to observe the internal environment of the company, let alone the decoration style and employee activities. The overall situation does not match its claimed positioning of having a fixed office address.

Therefore, after the on-site inspection, it was confirmed that the broker MONETA MARKETS does not exist at the above address.

Conclusion

The verification team went to Hong Kong, China as planned to conduct an on-site visit to the forex broker MONETA MARKETS. 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 premise. Investors should make their decisions after comprehensive consideration.

Disclaimer

The above content and views are for reference only and should not be used as the basis for final selection.