Purpose

The Hong Kong, China foreign exchange market is an international forex market that has developed since the 1970s. As one of the important international financial centers, its forex market is characterized by active trading, a wide variety of products, and close linkage with international 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 visited the forex broker BTEXCHANGE in Hong Kong, China as scheduled. According to public information, its office address is "24F Man Yee Building, 68 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, meticulously planned and traveled to Hong Kong, China, to conduct an on-site verification of the trader claiming to be located at "24F Man Yee Building, 68 Des Voeux Road Central, Hong Kong"BTEXCHANGE.

The inspection personnel successfully arrived at the target building, located at 68 Des Voeux Road Central, Central, Hong Kong, China. The surrounding area is bustling with a strong commercial atmosphere. No signage or relevant information of the company was found on the exterior of the building.

The surveyor entered the building lobby and explained their purpose to the security guard. After communication, they obtained permission to enter.

However, at that time, the on-site inspector had finished checking companies on other floors and came down to photograph the directory board when they were stopped and questioned by the reception desk, after which they could no longer go up to the target floor, the 24th floor. Moreover, no directory board for BTEXCHANGE was found in the building, nor was the company's logo visible. Since they couldn't reach the target floor, it was unclear whether the company's office area had clear signage or security measures, and they couldn't enter the interior to photograph the reception desk or its logo. The office was also not a shared workspace.

Through the lobby area, as it was not possible to enter the company's interior, the internal environment and other conditions of the company could not be observed. Overall, its authenticity is questionable.

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

Conclusion

The inspection team visited the forex broker BTEXCHANGE 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 opinions are for reference only and should not be considered as the final basis for decision-making.