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 features active trading, well-established systems, and strict regulation, attracting participation from numerous globally renowned financial institutions and investors. 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 MT in Hong Kong, China as planned. According to public information, its office address is Rooms 22 - 12, Block a, Tung Cheong Building, 8 cotton tree road, central, Hong Kong.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, proceeded according to a well-planned schedule to Tung Cheong Building at 8 Cotton Tree Road, Central, Hong Kong, China. They conducted a physical verification of the broker MT, which claimed to be located at Rooms 22 - 12, block a, Tung Cheong Building, 8 cotton tree road, central, Hong Kong.

The inspectors successfully arrived at Tung Cheong Building. The location is in the bustling Central district of Hong Kong, with a prosperous surrounding environment and a strong commercial atmosphere. However, no company signage or related information for broker MT was found on the exterior of the building.

The inspectors entered the building lobby and stated their purpose to the security guard. After brief communication, they obtained permission to enter. There was no information about this company on the directory board inside the building. Upon inquiring at the front desk in the lobby, they were informed that no such company existed.

The inspectors still proceeded to the target floor and found no clear signage for an MT office area, nor any related security measures. The inspectors were unable to enter the interior, could not photograph MT's reception area, and the office space in question was not a shared office.

Through the glass door, the inspectors could not observe the internal environment of the company, making it impossible to judge whether the overall situation matched its claimed positioning.

Therefore, after the on-site inspection, it was confirmed that broker MT does not exist at the aforementioned address.

Conclusion

The on-site investigator visited the publicly displayed business address of forex broker MT in Hong Kong, China as planned, but was unable to see any 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 choice after comprehensive consideration.

Disclaimer

The above content and views are for reference only and should not be used as the final basis for selection.