Purpose

The Hong Kong foreign exchange market in China is an emerging forex market that developed in the 1970s. As one of the international financial centers, the Hong Kong forex market is highly active, with well-established systems and strict regulations. 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

The on-site inspection team visited the forex broker XWGold in Hong Kong, China as planned. According to public information, its office address is Room 1006, 10th Floor, Gold and Silver Commercial Building, 12-18 Mercer Street, Sheung Wan, 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 12-18 Mercer Street, Sheung Wan, Hong Kong, China, to conduct an on-site verification of the trader XWGold claiming to be located in Room 1006, 10th Floor, Gold and Silver Commercial Building, 12-18 Mercer Street, Sheung Wan, Hong Kong.

The field investigator successfully arrived at the Gold and Silver Commercial Building. The surrounding street environment is average, with a mediocre commercial atmosphere. The building is relatively old, and no company logos or related information were found on the exterior.

After entering the building, the inspection personnel could see the company's nameplate and logo inside. They proceeded upstairs directly without encountering any obstacles.
Upon arriving at the target floor (10th floor), the field investigator noticed that XWGold's office area had clear signage. However, due to reasons such as lack of prior appointment, the investigator was unable to enter the premises. This office is not a shared workspace.

Due to the closure of the company's entrance, although the internal office environment could not be observed, it was confirmed that the company does indeed exist and aligns with its claimed positioning of having a physical office address.

Therefore, after on-site verification, it is confirmed that the broker XWGold exists at the above address.

Conclusion

The on-site investigator visited the forex broker XWGold in Hong Kong, China as planned. The broker's company name and other information were visible at the publicly displayed business address, indicating that the broker has a genuine operational 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 used as the sole basis for final decisions.