Purpose

The Hong Kong, China foreign exchange market is an international foreign exchange market that developed after the 1970s. As one of the international financial centers, Hong Kong's foreign exchange market features active trading, high liquidity, and relatively sound regulation. 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 Bainbridge in Hong Kong, China as planned. According to public information, its business address is Business Address Rm 1401 14/f Ruttonjee Centre 11 Duddell Street Central Hong Kong.

A professional and experienced on-site verification 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 Bainbridge which claimed to be located at Business Address Rm 1401 14/f Ruttonjee Centre 11 Duddell Street Central Hong Kong.

The verification personnel successfully arrived at Ruttonjee Centre, located at 11 Duddell Street, Central, Hong Kong. The surrounding area is bustling with a strong commercial atmosphere. However, no company signage or related information for Bainbridge was found on the exterior of the building.

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

Upon reaching the target floor, the 14th floor, the verification personnel found that the office area of Bainbridge had no obvious signage. As no information about the company could be found, the verification personnel were unable to enter the interior, could not photograph the reception area or its LOGO, and noted that the office was not a shared workspace.

Through the glass door, the verification personnel could not observe the internal environment of the company, and the overall situation remained unknown.

Therefore, after the on-site verification, it was confirmed that broker Bainbridge 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 could not find any information such as the broker's company name, 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.