Purpose

The Hong Kong, China foreign exchange market is an international foreign exchange market that developed after the 1970s. As an international financial center, Hong Kong's foreign exchange market is highly active with numerous participants, characterized by a high degree of openness and liquidity. 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 __TERM_0__ in Hong Kong, China as scheduled. Public information shows its office address is 1501d Grand Millennium Plaza, 181 Queens Road Central, Hong Kong.

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 well-planned schedule to conduct a physical verification of the broker Seventy Brokers claiming to be located at 1501d Grand Millennium Plaza, 181 Queens Road Central, Hong Kong.

The inspectors successfully arrived at Grand Millennium Plaza, located at 181 Queen's Road Central, surrounded by a bustling environment and a strong commercial atmosphere. However, no company signage or relevant information for Seventy Brokers was found on the exterior of the building.

The inspectors entered the building lobby and stated their purpose to the security or staff. After communication, they obtained permission to enter.

Upon reaching the target floor, the 15th floor, the inspectors found no prominent signage for Seventy Brokers in the office area. As no trace of the company was found, the inspectors were unable to enter the interior and could not photograph Seventy Brokers's reception desk or its LOGO. Furthermore, the office was not a shared workspace.

Through the glass door, as the interior was not visible, the inspectors could not observe the company's internal environment, etc. No information regarding this broker was found. Inquiries at the reception indicated that no such company existed there. The overall situation did not match its claimed location.

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

Conclusion

The on-site investigator visited the forex broker's publicly displayed business address in Hong Kong, China as planned, but was unable to see the broker's company name or other information, 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 views are for reference only and should not be used as the final basis for selection.