Purpose

The Hong Kong, China foreign exchange market emerged as an international forex hub after the 1970s. Leveraging its strategic geographical location, robust financial infrastructure, and liberalized policy environment, it has become one of Asia's key forex trading centers. To help investors and practitioners gain a more comprehensive understanding of forex brokers in the region, an inspection team conducted on-site visits in Hong Kong, China.

Process

The on-site inspection team visited the forex broker LUMINGTRADE in Hong Kong, China as planned. According to public information, its office address is "RM4,16/F,HO KING COMM CTR,2 - 16 FAYUEN ST,MONGK OK KOWLOON.".

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 trader LUMINGTRADE claiming to be located at "RM4, 16/F, HO KING COMM CTR, 2 - 16 FAYUEN ST, MONGK OK KOWLOON."

The field investigator successfully arrived at the target building, located at Ho King Commercial Centre, 2-16 Argyle Street, Mong Kok, Kowloon. The surrounding area is relatively bustling with a strong commercial atmosphere. However, no signage or relevant information about the company was found on the exterior of the building.

The surveyor entered the lobby of the building and explained their purpose to the security personnel. After a brief communication, they were granted entry permission. Inside the building, no signage for this company was found.

Upon arriving at the target floor (16th floor), the field investigator found that the office area of LUMINGTRADE had no clear signage or security measures. After inquiries, it was learned that the company was not registered in this building, so the investigator could not enter the premises. Additionally, they were unable to photograph the reception desk or its logo, and the office was not a shared workspace.

Due to the closed entrance, the internal situation of the company could not be observed, and the overall condition does not match its claimed positioning.

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

Conclusion

The on-site investigator visited the forex broker LUMINGTRADE in Hong Kong, China as planned. The broker's company name and other information were not visible at the publicly displayed business address, indicating that the broker does not have a genuine operational premises. Investors are advised to make their choices after careful consideration.

Disclaimer

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