Reason for this visit

The international forex market in Hong Kong has been developing since the 1970s. Due to the removal of forex control in Hong Kong since 1973, there has been a large inflow of international capital, and an increasing number of financial institutions operating forex business have mushroomed. The forex market has become more and more active, developing into an international forex market. Hong Kong forex market is an invisible market without a fixed trading venue. Traders conduct forex transactions through various modern communication facilities and computer networks. Hong Kongs geographical location and time zone conditions are similar to those of Singapore, making it very convenient to trade with other international forex markets. Participants in Hong Kong forex market are mainly commercial banks and financial companies. There are three types of forex brokers in this market: local brokers, whose business is limited to Hong Kong; international brokers who have expanded their business to the Hong Kong forex market since the 1970s; international brokers that grow locally and has expanded their business to forex markets abroad. In an attempt to help investors or practitioners gain a more comprehensive understanding of current status of forex brokers in Hong Kong, WikiFX survey team determines to pay on-site visits to local companies.

On-site visit

In this issue, the survey team went to Hong Kong, China to visit forex broker TG as planned according to its regulatory address that Room 1409, 14/F, North Tower, Global Finance Centre, Tsim Sha Tsui, Hong Kong.

The seasoned and professional inspection team, committed to safeguarding investor interests, conducted a meticulously planned on-site verification of the broker TG in Global Finance Centre North Tower in Tsim Sha Tsui.

Based on the above information, TG is located in the bustling core business district of Tsim Sha Tsui, Hong Kong. The specific office address is Room 1409, 14/F, North Tower, Global Finance Centre, Tsim Sha Tsui, Hong Kong. The Global Finance Centre where the company is situated is a well-known landmark complex in Tsim Sha Tsui and even across Hong Kong, with a superior environment, integrating high-end shopping, business offices, and tourism functions. The area projects a modern and professional image, with a well-developed transportation network, providing tenants with high-quality infrastructure and a strong business atmosphere.

The investigators successfully arrived at the target address and first observed the exterior of the Global Finance Centre North Tower. The building is majestic, with sunlight reflecting off its glass curtain walls, making it one of the top-tier office towers in the area. The surrounding corporate park/street environment is well-maintained, but no information related to TG was found outside the building.

To further complete the investigation, the survey team proceeded inside the building. They easily entered the spacious and luxuriously decorated lobby on the first floor, which adheres to international Grade-A office standards with proper management. After carefully checking the company directory in the lobby, they successfully found the name of “TG” clearly listed on the 14th floor of the North Tower, providing preliminary verification of the companys presence in the building.

For a more comprehensive understanding, the inspection team then took the elevator directly to the 14th floor. Upon exiting, they observed the common areas—clean, quiet, and well-maintained. Following the signage, they accurately located Room 1409, where the office doorplate was clearly visible. In the common areas or near the office entrance, they spotted logos or signage related to TG, further confirming the location of companys office.

Upon reaching the entrance of Room 1409, the team attempted to enter the internal office area. Unfortunately, direct access was not possible. However, from outside, they could clearly observe the companys reception desk and its prominently displayed logo.

Through the on-site investigation, it is confirmed that the broker maintains a physical presence at the above address.

Conclusion

The survey team went to Hong Kong, China to visit broker TG as scheduled and found the company at its regulatory address. It signifies that the broker has a physical office at the place. Meanwhile, investors are advised to make a well-considered decision following much deliberation.

Disclaimer

The content is for informational purposes only and shall not be taken as a final order for making a choice.