Purpose

The Hong Kong, China foreign exchange market is an international forex market that has developed since the 1970s. Leveraging its advantageous geographical location, open financial policies, and mature financial system, it has become one of the world'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 for this issue visited the forex broker Duojiayi as scheduled in Hong Kong, China. According to public information, its office address is Room 1101, 118 Connaught Road West, Hong Kong.

A professional and experienced on-site verification team, driven by a sense of mission to rigorously vet for investors, proceeded according to a well-planned schedule to Hong Kong, China, to conduct an on-site verification of the broker Duojiayi claiming to be located at Unit 1101, 118 Connaught Road West, Hong Kong.

The verification personnel successfully arrived at the target building, located on Connaught Road West, Hong Kong. The surrounding area is relatively bustling with a strong commercial atmosphere. However, no signage or relevant information of the company was found on the exterior of the building.

The verification personnel entered the building lobby and stated their purpose to the security guard. After communication, they obtained permission to enter.

Upon reaching the target floor, the 11th floor, the verification personnel found no information about this company on the directory board. The office area had no clear signage for Duojiayi and no security measures. However, as there was no relevant information for Duojiayi at this address, the verification personnel were unable to enter the interior, could not photograph the reception desk, and noted that this office was not a shared workspace.

Through the glass door, the verification personnel could not observe the interior environment of the company because they simply could not enter. No information about this broker was found. Only other companies were present at this unit number, leading to the judgment that it was false.

Therefore, after the on-site verification, it was confirmed that broker Duojiayi 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 any information such as the broker's company name at the location. This indicates that the broker does not have a genuine physical 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.