Purpose

The Hong Kong, China foreign exchange market is an international forex market that developed in the 1970s. As one of the global financial centers, its forex market is characterized by active trading, strong liquidity, and a diverse range of trading products. 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 CITADEL Securities in Hong Kong, China as scheduled. According to public information, its office address is on the 42nd floor of Two International Finance Centre, 8 Finance Street, Central, 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 CITADEL Securities claiming to be located on the 42nd floor of Two International Finance Centre, 8 Finance Street, Central, Hong Kong.

The inspection personnel successfully arrived at Two International Finance Centre, located in the bustling financial hub of Central, Hong Kong, with a vibrant surrounding environment and strong commercial atmosphere. No company signage or related information of CITADEL Securities 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. The company's information was not found on the directory inside the building.

Upon inquiring at the front desk, the staff stated that entry was not permitted and also mentioned that no such company existed. Since it was confirmed that the company did not exist, the field investigator could not reach the target floor (42nd floor), nor could they enter the premises or observe whether there were any visible signs of CITADEL Securities in the office area. Additionally, they were unable to photograph the front desk or its logo, and the office in question was not a shared workspace.

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

Conclusion

The inspection team visited the forex broker CITADEL Securities 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 considered as the final basis for decision-making.