Purpose

The Hong Kong foreign exchange market in China developed into an international forex market after the 1970s. As one of the global financial centers, Hong Kong's forex market is highly active, open, and liquid. 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 Atlantic Wealth Capital 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, MONGKOK KOWLOON 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 dealer Atlantic Wealth Capital purportedly located at RM4, 16/F, HO KING COMM CTR, 2 - 16 FAYUEN ST, MONGKOK KOWLOON HONG KONG.

The inspection personnel successfully arrived at the target building, which is located in Mong Kok with a bustling surrounding environment and a strong commercial atmosphere. However, 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 communication, they obtained permission to enter. Inside the building, no signage or information about the company was found.

Upon arriving at the target floor (16th floor), the field investigator found no clear signage for Atlantic Wealth Capital in the office area, nor any security measures. No information about the broker was visible upon arrival. Upon inquiring with the security personnel, they were informed that the company did not exist and was fraudulent. As a result, the investigator could not enter the company premises, take photos of the reception area or its logo, and confirmed that the office was not a shared workspace.

Through the doorway, the surveyor was unable to observe the internal environment of the company due to the inability to enter. Overall, no signs were found to prove the existence of the company, which does not align with its claimed positioning.

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

Conclusion

The inspection team visited the forex broker Atlantic Wealth Capital at its publicly displayed business address in Hong Kong, China as planned, but found no information such as the company name of the broker, 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.