Purpose

The Hong Kong, China foreign exchange market, which has developed since the 1970s, has become one of Asia's important forex trading centers due to its advantageous geographical location, open financial policies, and mature financial system. 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 FRFX in Hong Kong, China as planned. According to public information, its office address is "ROOM13,27/F,HO KING COMMERCIAL CENTRE ,2 - 16 FA YUEN STREET,MONGKOK ,KOWLOON HK".

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investor interests, meticulously planned and traveled to Hong Kong, China, to conduct an on-site verification of the trader FRFX purportedly located at "ROOM13,27/F,HO KING COMMERCIAL CENTRE ,2 - 16 FA YUEN STREET,MONGKOK ,KOWLOON HK".

The inspector successfully arrived at HO KING COMMERCIAL CENTRE, located in the bustling downtown area of Mong Kok. It is an old shopping mall with a noisy surrounding environment and a strong commercial atmosphere. No company signage or related information of FRFX was found on the exterior of the building.

The inspector entered the building lobby and explained their purpose to the security personnel. After a brief communication, they were granted entry. Inside the building, no signage for the company was found.

Upon arriving at the target floor (27th floor), the field investigator found no clear signage for the FRFX office area, nor any relevant security measures. Since the trader had no visible information displayed on the floor, the investigator was unable to enter the premises. Additionally, they could not photograph the reception desk or its logo, confirming that the office was not a shared workspace.

Through the common areas of the floor, the inspector was unable to observe the internal situation of FRFX company, and the overall situation did not match its claimed positioning.

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

Conclusion

The on-site investigator visited the forex broker FRFX in Hong Kong, China as planned, but could not find any information such as the company name at the publicly displayed business address, indicating that the broker does not have a genuine business location. Investors are advised to make their choices after careful consideration.

Disclaimer

The above content and views are for reference only and should not be considered as the final basis for decision-making.