Purpose

The Hong Kong, China foreign exchange market is an international foreign exchange market that developed in the 1970s. As one of the world's important financial centers, the Hong Kong foreign exchange 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 team conducted on-site visits in Hong Kong, China.

Process

As planned, the team traveled to Hong Kong, China for an on-site visit to the forex broker FengSheng. Public information shows its office address is Room 201, 2nd Floor, Empire Centre, 68 Mody Road, Tsim Sha Tsui, Kowloon, Hong Kong.

A professional and experienced team, driven by a sense of mission to rigorously vet for investors, proceeded according to a well-planned schedule to Hong Kong, China, to conduct an on-site verification of the broker FengSheng claiming to be located at Room 201, 2nd Floor, Empire Centre, 68 Mody Road, Tsim Sha Tsui, Kowloon, Hong Kong.

The team successfully arrived at Empire Centre, located on Mody Road, Tsim Sha Tsui, Kowloon, Hong Kong. The surrounding area is bustling with a strong commercial atmosphere. However, no company signage or related information for FengSheng was found on the exterior of the building.

The team entered the building lobby and stated their purpose to the security personnel. After communication, they obtained permission to enter.

Upon reaching the target floor, the 2nd floor, the team found that the directory listed information for other companies at this address. There were no prominent signs for FengSheng in the office area. As no information about the company was found, the team was unable to enter the premises, could not photograph FengSheng's reception area, and the office was not a shared workspace.

Through the glass door, the team observed that this was another company's office, but found no information whatsoever about the said broker. Upon inquiry, the security guard stated that there was no such company, leading to the conclusion that it was false.

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

Conclusion

The team visited the forex broker FengSheng at its publicly displayed business address in Hong Kong, China as planned, but could not see information such as the company name of the broker at that location, indicating that the broker does not have a genuine business premises. Investors are advised to make their choice after comprehensive consideration.

Disclaimer

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