Purpose

The Hong Kong, China foreign exchange market is an international foreign exchange market that developed in the 1970s. As one of the international financial centers, the Hong Kong foreign exchange market features active trading, sound regulations, and high market transparency. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team traveled to Hong Kong, China to conduct field visits.

Process

The on-site inspection team visited the forex broker FTSFX in Hong Kong, China as planned. According to public information, its office address is 8 Financial Street, Central, Hong Kong Island.

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 FTSFX claiming to be located at 8 Financial Street, Central, Hong Kong Island.

The inspectors successfully arrived at the target building, located at 8 Financial Street, Central, Hong Kong Island. The surrounding area is bustling with a strong commercial atmosphere. However, no signage or relevant information of the company was found on the exterior of the building.

The inspectors entered the building lobby and, after stating their purpose to the security guard, obtained permission to enter. However, no directory board for the company was found inside the building. Inquiries at the front desk revealed that no such company exists there.

As the specific floor location could not be determined, the inspectors were unable to reach the target floor to confirm the exact location. Consequently, it was impossible to determine whether the office area of FTSFX had clear signage or security measures. They were also unable to enter the interior, could not photograph the reception area or its LOGO, and the office was not a shared workspace.

From the lobby area, as they could not go upstairs, they were unable to observe the company's internal environment and other conditions. No information regarding this broker was found, leading to the judgment that it is false. The overall situation does not match its claimed positioning.

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

Conclusion

The on-site investigator visited the forex broker FTSFX in Hong Kong, China as planned. At the publicly displayed business address, the broker's company name and other information could not be found, 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.