Purpose

The Hong Kong foreign exchange market is an international forex market that developed in the 1970s. As one of the world's major financial centers, Hong Kong's forex market attracts numerous global financial institutions and investors due to its highly open and free economic system, as well as its robust financial infrastructure. To help investors or professionals gain a more comprehensive understanding of forex brokers in the region, an on-site inspection team conducted field visits in Hong Kong, China.

Process

The on-site inspection team visited the forex broker JYL in Hong Kong, China as planned. According to public information, its office address is RM22, 2/F Fu Tao Building, No. 98 Argyle Street, MongKok, Kowloon, 999077, Hong Kong.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet investments for investors, meticulously planned and traveled to Hong Kong, China, to conduct an on-site verification of the dealer JYL purportedly located at RM22, 2/F Fu Tao Building, No. 98 Argyle Street, MongKok, Kowloon, 999077, Hong Kong.

The inspection personnel successfully arrived at Fu Tao Building, located on the old street of Mong Kok, Hong Kong. The surrounding area is primarily residential with a modest commercial atmosphere. 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 communication, obtained permission to enter. There was no information about this company on the directory inside the building.

Upon arriving at the target floor (2nd floor), the field investigator found no JYL office area or security measures. Since no information about the broker was discovered, the investigator was unable to enter the premises or photograph the reception area and its logo. Additionally, this location was not a shared office space.

Through the common areas of the floor, the inspector was unable to observe the internal environment of the company, and the overall situation did not match its claimed positioning.

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

Conclusion

As planned, the field investigator visited the forex broker JYL in Hong Kong, China, but could not find any information such as the company name at the publicly displayed business address, 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.