Purpose

The Hong Kong, China foreign exchange market is an international forex market that developed after the 1970s. Leveraging its advantageous geographical location, sound financial system, and liberal economic policies, Hong Kong has become one of Asia's important forex 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

This time, the on-site inspection team went as planned to Hong Kong, China, to conduct an on-site visit to the forex broker Freeman. According to publicly available information, its office address is Unit 901 - 02, 9/F, K11 ATELIER, King's Road, Quarry Bay, 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 Freeman claiming to be located at Unit 901 - 02, 9/F, K11 ATELIER, King's Road, Quarry Bay, Hong Kong.

The verification personnel successfully arrived at K11 ATELIER, located on King's Road in Quarry Bay, Hong Kong. The surrounding area is bustling with a strong commercial atmosphere. The building exterior is relatively good; however, no company signage or related information for the said company was found outside the building.

The verification personnel entered the building lobby and stated their purpose to the security guard or staff. After communication, permission was granted to enter the lobby. However, the name of the Freeman company was not found on the directory board on the first floor. Upon inquiry, the front desk staff indicated that there was no such company.

Since the front desk explicitly stated that the company did not exist, the verification personnel were unable to reach the target floor (9th floor). Consequently, they could not confirm whether the Freeman company's office area had clear signage or security measures, nor could they enter the interior or photograph the company's front desk. Furthermore, the office was not a shared workspace.

From the lobby, the verification personnel could not observe the company's internal environment or other conditions, as entry was completely impossible. Overall, its authenticity is questionable.

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

Conclusion

The on-site inspection team went to Hong Kong, China as planned to conduct a field visit to the forex broker Freeman. At its publicly displayed business address, they were unable to see 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 opinions are for reference only and should not be used as the final basis for selection.