Purpose

The Hong Kong, China foreign exchange market is an international forex market that has developed since the 1970s. As one of the global financial centers, its forex market is characterized by active trading, strong liquidity, and strict regulation. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, an on-site inspection team conducted field visits in Hong Kong, China.

Process

The on-site inspection team visited the forex broker Allied Top in Hong Kong, China as scheduled. According to public information, its office address is "UNIT 60 3/F YAU LEE CENTER N0.45 HOI YUEN ROAD KWUN TONG KL HONGKONG CHINA".

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, follows a meticulous plan to visit the target area in Hong Kong, China, and conducts an on-site verification of the dealer Allied Top claimed to be located at the specific address.

The field investigator successfully arrived at the target building, located at Yau Lee Centre, 45 Hoi Yuen Road, Kwun Tong, Hong Kong. The surrounding area is relatively bustling with a strong commercial atmosphere. However, no company signage or related information of Allied Top was found on the exterior of the building.

The surveyor entered the building lobby and explained their purpose to the security personnel. After a brief communication, they obtained permission to enter the building. No information about the company was found on the directory inside the building.

Upon arriving at the target floor (3rd floor), the field investigator found no clear signage for the Allied Top office area, nor any relevant security measures. The investigator attempted to locate the company but was unable to confirm its exact position. When inquiring with the front desk staff, they stated that there was no such company as Allied Top in the building. Since the company could not be found at all, the investigator was unable to enter the premises, take photos of the front desk or its logo, and confirmed that the floor was not a shared office space.

Through the common areas of the floor, it is impossible to determine the exact location of the company, and thus, the internal environment of the company cannot be observed. Overall, it is concluded that the address claimed by the company is false.

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

Conclusion

The inspection team visited the forex broker Allied Top 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 views are for reference only and should not be considered as the final basis for selection.