Purpose

The Hong Kong, China foreign exchange market is an international foreign exchange market that developed after World War II. Leveraging its superior geographical location, open economic policies, and well-developed financial infrastructure, Hong Kong has become one of Asia's important foreign exchange trading centers. 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 GARHFX in Hong Kong, China as planned. According to public information, its office address is 22/F, 33 Des Voeux 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 33 Des Voeux Road Central, Hong Kong, China, to conduct a physical verification of the broker claiming to be located at this address, GARHFX.

The inspectors successfully arrived at the target building, located on the bustling Des Voeux Road Central in Hong Kong, with a vibrant surrounding environment and a strong commercial atmosphere. However, no company signage or related information for GARHFX was found on the exterior of the building.

The inspectors entered the building lobby and stated their purpose to the security personnel. After brief communication, they were granted entry permission. The building's internal directory did not contain any information for this company.

Upon reaching the target floor, the 22nd floor, the inspectors found no clear signage for GARHFX in the office area. However, due to the absence of any signs of the company's existence, the inspectors were unable to enter the so-called internal office area, failed to photograph GARHFX's reception desk and logo, and noted that the area was not a shared office space.

From the public areas on the floor, the inspectors naturally could not observe the company's internal environment and found no information whatsoever about this broker. Upon inquiry with security, they were informed that no such company existed, leading to the judgment that the company's address information was false.

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

Conclusion

The on-site investigator visited the forex broker's publicly displayed business address in Hong Kong, China as planned, but could not find any information such as the broker's company name, 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.