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 is characterized by active trading, numerous participants, and a rich variety of trading products. Leveraging its advantageous geographical location, sound financial system, and comprehensive regulatory framework, it holds a significant position in the Asian and even global foreign exchange markets. 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 for this issue visited the forex broker TIS in Hong Kong, China as planned. According to public information, its office address is 12A CKK Commercial Centre, Wan Chai, Hong Kong.

A professional and experienced on-site inspection team, driven by a sense of mission to strictly vet for investors, proceeded according to a meticulous plan to Hong Kong, China, to conduct a physical verification of the broker TIS claiming to be located at 12A CKK COMMERCIAL CENTRE, WAN CHAI, HONG KONG.

The inspection personnel successfully arrived at CKK Commercial Centre, located in Wan Chai, Hong Kong, with a bustling surrounding environment and a strong commercial atmosphere. No company logo or related information for TIS was found on the exterior of the building.

The inspection personnel 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 reaching the target floor, the inspection personnel found that the office area for TIS had no obvious signage and no security measures. As no information about the company was found, the inspection personnel were unable to enter the interior, could not photograph the reception area, and the office was not a shared office space.

The inspection personnel confirmed upon arrival that it was the correct address. They did not see a directory in the lobby, and upon going upstairs, found no information about this broker. Inquiries at the reception indicated there was no such company, and the overall environment did not match its claimed positioning.

Therefore, after the on-site inspection, it was confirmed that broker TIS 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 was unable to see information such as the broker's company name at the location, 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 sole basis for final selection.