Purpose

The Hong Kong, China foreign exchange market is an international forex market that developed after the 1970s. It is one of the world's major forex trading centers, characterized by active trading, an open market, and strict regulation. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the inspection team conducted on-site visits in Hong Kong, China.

Process

The on-site inspection team visited the forex broker ECONLOGY in Hong Kong, China as planned. According to public information, its office address is Room D, 10/f., Tower A, Billion Centre, 1 Wang Kwong Road, Kowloon Bay, Kl 999077 Hong Kong.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to Hong Kong, China, to conduct an on-site verification of the broker ECONLOGY allegedly located at Room D, 10/f., Tower A, Billion Centre, 1 Wang Kwong Road, Kowloon Bay, Kl 999077 Hong Kong.

The inspection personnel successfully arrived at Billion Centre, located at 1 Wang Kwong Road, Kowloon Bay. The surrounding area is relatively bustling with a strong commercial atmosphere. No signage or relevant information of the company was found on the exterior of the building.

The inspector entered the building lobby and explained their purpose to the security personnel. After a brief communication, they were granted entry. The company's information was not listed on the directory inside the building.

Upon arriving at the target floor (10th floor), the field investigator found no visible signage for ECONLOGY in the office area. Inquiries at the front desk revealed that no such company existed. Since the company was not present, the investigator could not enter the premises, take photos of the front desk or its logo, and confirmed that the office was not a shared workspace.

Through the common areas of the floor, it was not possible to observe the internal environment of the target company due to the inability to enter the company's premises. Overall, this situation does not align with its claimed positioning.

Therefore, after on-site verification, it was confirmed that the broker ECONLOGY does not exist at the above address.

Conclusion

The inspection team visited the foreign exchange broker ECONLOGY in Hong Kong, China as planned. However, no information such as the company name of the trader was found at the publicly displayed business address, indicating that the trader does not have a genuine business location. Investors are advised to make their choices after careful consideration.

Disclaimer

The above content and views are for reference only and should not be considered as the final basis for decision-making.