Purpose

The Hong Kong, China foreign exchange market is an international forex market that developed in the 1970s. It is one of the world's important forex trading centers, characterized by active trading, an open market, and strict regulation. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team traveled to Hong Kong, China for field visits.

Process

The on-site inspection team visited the forex broker XDL in Hong Kong, China as planned. According to public information, its office address is Room 1502 - 3, Connaught Commercial Building, Berry Street Suite, Hong Kong.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, traveled to Hong Kong, China according to a well-planned schedule to conduct a physical verification of the broker XDL claiming to be located at Room 1502 - 3, Connaught Commercial Building, Berry Street Suite, Hong Kong.

The inspectors successfully arrived at Connaught Commercial Building, located at Berry Street Suite, with the surrounding environment being average. No company signage or related information for XDL was found on the exterior of the building.

The inspectors entered the building lobby and stated their purpose to the security guard. After brief communication, they obtained permission to enter. The company's information was not listed on the internal directory board.

Upon reaching the target floor, the 15th floor, the inspectors found no prominent signage for XDL's office area. No information regarding this broker was found, so they were unable to enter the interior, and the office was not a shared workspace.

Through the glass door, as entry was not possible, the internal environment of the company could not be observed. Overall, it was impossible to judge whether it matched its claimed positioning. After gaining entry, no information about this broker was found, casting doubt on its authenticity.

Therefore, after the on-site inspection, it was confirmed that broker XDL does not exist at the aforementioned address.

Conclusion

The on-site inspection team visited the forex broker XDL at its publicly displayed business address in Hong Kong, China as planned, but could not find any 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 used as the final basis for selection.