Purpose

The Hong Kong foreign exchange market is an international forex market that developed in the 1970s. As one of the important international financial centers, the Hong Kong forex market features high internationalization, active trading, and strict regulation. It has a rich historical background and occupies a key position in Asian forex trading. To help investors or practitioners gain a more comprehensive understanding of forex brokers in the region, the on-site inspection team traveled to Hong Kong for a field visit.

Process

This time, the on-site verification team went to Hong Kong, China as planned to conduct an on-site visit to forex broker 37jin. According to public information, its office address is Room 917, 9th Floor, Block A, New Mandarin Plaza, No. 14 Tsim Sha Tsui, Kowloon.

A professional and experienced on-site inspection team, with a sense of mission to strictly vet for investors, followed a meticulous plan and went to Hong Kong, China. They conducted a field inspection of the broker 37jin, which claims to be located at Room 917, 9/F, Block A, New Mandarin Plaza, No. 14 Tsim Sha Tsui, Kowloon.

The team arrived smoothly at New Mandarin Plaza, which is located in the bustling area of Tsim Sha Tsui, Kowloon. The surrounding environment was lively and bustling, with a strong commercial atmosphere. However, no company signage or related information of the broker was found outside the building.

The team entered the building lobby and explained their purpose to the security guard. After a brief conversation, they obtained permission to enter.

After arriving at the target floor, the 9th floor, the team found that there was no visible signage or security measures for the office area of 37jin. Upon inquiring with the security guard, they learned that this company does not exist in the building. Due to the lack of relevant information, the team could not enter the interior, nor could they take photos of the front desk and its logo, and the floor is not a shared office.

Through the public areas of the floor, the team could not observe the internal environment of the broker's office. Overall, the situation here does not match its claimed positioning.

Therefore, after the on-site inspection, it was confirmed that the broker 37jin does not exist at the above address.

Conclusion

The survey team planned to visit Hong Kong, China to physically inspect forex dealer 37jin, but at the publicly displayed business address, they could not see the company name or other information of the dealer, indicating that the dealer does not have a real business premises. Investors are advised to make their decision after comprehensive consideration.

Disclaimer

The above content and views are for reference only and do not constitute final selection criteria.