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 is characterized by active trading, well-established systems, and strict 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 JunLe Capital in Hong Kong, China as planned. According to public information, its office address is Office 5, 8F, Mega Cube 8 Wang Kwong Road, Kowloon Bay, Hong Kong.

A professional and experienced on-site verification team, driven by a sense of mission to strictly vet for investors, followed a meticulous plan and traveled to Hong Kong, China, to conduct a physical verification of the broker JunLe Capital that claimed to be located at Office 5, 8F, Mega Cube, 8 Wang Kwong Road, Kowloon Bay, Hong Kong.

The verification personnel successfully arrived at the target building, Mega Cube, located at 8 Wang Kwong Road, Kowloon Bay. The surrounding area is relatively bustling with a strong commercial atmosphere. No company signage or related information 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. No information about this company was found on the directory board inside the building.

Upon reaching the target floor, the 8th floor, the verification personnel found that the office area of JunLe Capital had no clear signage or security measures. As the company was not found, the personnel could not enter the interior. They were unable to photograph a reception desk, and it was not a co-working space.

Through the public areas on the floor, the verification personnel could not observe the interior situation of the company. Inquiries with security guards revealed that there was no such company. The overall situation did not match its claimed positioning.

Therefore, after the on-site verification, it was confirmed that broker JunLe Capital does not exist at the aforementioned address.

Conclusion

The on-site investigator visited the forex broker JunLe Capital in Hong Kong, China as planned. At the publicly displayed business address, the company name and other information of this broker 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.