Purpose

The Hong Kong foreign exchange market in China is an international forex market that developed in the 1970s. As one of the global financial centers, the Hong Kong forex market is characterized by active trading, a wide variety of currencies, and a high degree of market openness. 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 SN Forex in Hong Kong, China as scheduled. According to public information, its office address is 2/F, Block 13, 28 Cheung Sha Wan Road, 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 trader SN Forex claiming to be located at 2/F, Block 13, 28 Cheung Sha Wan Road, Kowloon, Hong Kong.

The field investigator successfully arrived at the target address, only to find that it was a residential building. The surrounding environment was primarily a residential living atmosphere, completely lacking office conditions. No company signage or related information was found on the exterior of the building.

The field investigator entered the first floor of the building and explained their purpose to the security guard. After communication, the guard refused entry permission on the grounds that it was a residential building.

Since access to the building is impossible, reaching the target floor to verify the situation is also unfeasible, let alone identifying whether SN Forex's office area has any noticeable signage or security measures. With no entry possible, capturing images of the reception desk or its logo is out of the question, nor is it a shared office space.

Observing from outside the building, it is impossible to understand the internal environment of the company, and the overall situation completely contradicts its claimed office positioning.

Therefore, after on-site verification, it is confirmed that the dealer SN Forex does not exist at the above address.

Conclusion

The field investigator visited the forex broker SN Forex 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 the sole basis for final decisions.