Purpose

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

Process

The on-site inspection team visited the forex broker Atlantic Wealth in Hong Kong, China as scheduled. According to public information, its office address is RM4, 16/F, HO KING COMM CTR, 2-16 FAYUEN ST, MONGKOK KOWLOON HONG KONG.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to the target area in Hong Kong, China. They conducted an on-site verification of the dealer Atlantic Wealth claiming to be located at RM4, 16/F, HO KING COMM CTR, 2-16 FAYUEN ST, MONGKOK KOWLOON HONG KONG.

The inspection personnel successfully arrived at the target building, which is located in Mong Kok, surrounded by a mix of residential and commercial areas. The building is relatively old. The surrounding commercial atmosphere is average, and no signage or relevant information about the company was found on the exterior of the building.

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

Upon arriving at the target floor (16th floor), the field investigator found no visible signage or security measures for Atlantic Wealth in the office area. Due to reasons such as lack of prior appointment, the investigator could not enter the premises or photograph the reception desk and its logo. This office is not a shared workspace.

Through the doorway, the on-site inspectors were unable to observe the internal environment of the company. The overall surrounding conditions did not match its claimed positioning, leading to the conclusion that it was fraudulent.

Therefore, after on-site verification, it is confirmed that the broker Atlantic Wealth does not exist at the above address.

Conclusion

The inspection team visited the forex broker Atlantic Wealth 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 opinions are for reference only and should not be considered as the final basis for selection.