Purpose

The Hong Kong, China foreign exchange market is an international forex market that developed in the 1970s. As one of the international financial centers, the Hong Kong forex market is characterized by active trading, strong liquidity, and a rich variety of trading products. 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 ETB BULLION in Hong Kong, China as planned. According to public information, its office address is Room 1318, Bally Commercial Centre, No. 87-105 Chatham Road South, Tsim Sha Tsui, Kowloon.

A professional and experienced on-site inspection team, driven by a sense of mission to strictly vet for investors, proceeded to Hong Kong, China according to a meticulous plan to conduct a physical verification of the broker ETB BULLION, which claims to be located at Unit 1318, 13/F, Bally Commercial Centre, 87-105 Chatham Road South, Tsim Sha Tsui, Kowloon.

The inspectors successfully arrived at Bally Commercial Centre, located on Chatham Road South, Tsim Sha Tsui, Kowloon. The surrounding area is bustling with a strong commercial atmosphere. However, no company signage or relevant information for ETB BULLION was found on the exterior of the building.

The inspectors entered the building lobby and stated their purpose to the security personnel. After communication, they obtained permission to enter. There was no information about this company on the internal directory board.

Upon reaching the target floor, the 13th floor, the inspectors found no clear signage for ETB BULLION in the office area. After inquiring with security, they were informed that this company was not present in the building. Due to the lack of any information about the company, the inspectors could not enter the premises, were unable to photograph ETB BULLION's reception area, and noted that the office area was not a shared workspace.

Through the glass doors, as entry was not possible, 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 ETB BULLION does not exist at the aforementioned address.

Conclusion

The on-site inspection team visited the forex broker ETB BULLION at its publicly displayed business address in Hong Kong, China as planned, but could not find information such as the broker's company name at the location, indicating that the broker does not have a genuine business premises. 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.