Purpose

The Hong Kong foreign exchange market is an international forex market that developed in the 1970s. After Hong Kong abolished foreign exchange controls, large amounts of international capital flowed in, leading to rapid growth in the forex market. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, an on-site inspection team conducted field visits in Hong Kong, China.

Process

The on-site inspection team visited the forex broker Trading Technologies in Hong Kong, China as planned. According to public information, its office address is 4/F, 9 Queen's Road Central, Hong Kong.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, traveled to Hong Kong, China according to a well-planned schedule. Based on the above information, they conducted an on-site visit to the dealer Trading Technologies.

The on-site inspector proceeded to the target area based on the address information to conduct a physical verification of the dealer claiming to be located at 4/F, 9 Queen's Road Central, Hong KongTrading Technologies.

The inspection personnel successfully arrived at the target building, located at 9 Queen's Road Central, Hong Kong, surrounded by a bustling environment with a strong commercial atmosphere. However, no company signage or related information was found on the exterior of the building.

The surveyor entered the building lobby, explained their purpose to the security personnel, and after a brief communication, obtained permission to enter.

Upon arriving at the target floor (4th floor), the field investigator found that the office area of Trading Technologies had no clear signage or security measures. Since no information about the trader was found, the investigator inquired at the reception, but the front desk stated that the company did not exist. As there was no actual office space for the company, the investigator could not enter the premises, take photos of the reception area or its logo, and the office area was not a shared workspace.

Through the common areas of the floor, it was impossible to observe the internal environment of the company due to the absence of corresponding office spaces. Therefore, after the on-site inspection, it was confirmed that the broker Trading Technologies does not exist at the aforementioned address.

Conclusion

The on-site investigator visited the forex trader Trading Technologies in Hong Kong, China as planned, but could not find any information such as the company name at the publicly displayed business address, indicating that the trader 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 considered as the final basis for selection.