Purpose

The Hong Kong, China foreign exchange market is an international foreign exchange market that developed after the 1970s. As one of the international financial centers, Hong Kong's foreign exchange market is highly active in trading, characterized by a high degree of openness and internationalization. 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

In this issue, the on-site inspection team went as planned to Hong Kong, China, to conduct an on-site visit to the forex broker YDF. According to publicly available information, its office address is 16/F, Two Pacific Place, 88 Queensway, Admiralty, Hong Kong.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, proceeded according to a meticulous plan to Hong Kong, China, to conduct a physical verification of the broker YDF claiming to be located at 16/F, Two Pacific Place, 88 Queensway, Admiralty, Hong Kong.

The inspectors successfully arrived at Two Pacific Place, located at 88 Queensway, Admiralty, Hong Kong. The surrounding area is bustling with a strong commercial atmosphere. However, no company signage or related information for YDF was found on the exterior of the building.

The inspectors entered the building lobby, stated their purpose to the security personnel, and after brief communication, obtained permission to enter. Inside the building, no directory listing or information for this company was found.

Upon reaching the target floor, the 16th floor, the inspectors found that the office area for YDF had no prominent signage and lacked security measures. Upon inquiry with the building's front desk, they were informed that no such company existed there. Consequently, the inspectors were unable to enter the premises, could not photograph the reception area or its logo, and noted that the office was not a shared workspace.

Observing from the public areas on the floor, the inspectors could not ascertain the internal environment of the company. The overall situation did not align with its claimed presence at this office address.

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

Conclusion

The on-site investigator proceeded as planned to visit the forex broker YDF in Hong Kong, China. At its publicly displayed business address, no information such as the company name of this broker could be seen, 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 final basis for selection.