Purpose

The Hong Kong foreign exchange market in China developed into an international forex market after the 1970s. As one of the global financial centers, Hong Kong's forex market is characterized by active trading, strong liquidity, and a diverse range of trading products. Its advantageous geographical location bridges Asian and European-American markets, playing a significant role in global forex trading. 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 MIVOLIS PRIME LIMITED in Hong Kong, China as planned. According to public information, its office address is "OFFICE NO.12 ON 19/F, HO KING COMM CTR, NO.2 - 16 FA YUEN ST, MONGKOK, KLN, HONG KONG".

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet investments for investors, meticulously planned and traveled to Hong Kong, China, to conduct an on-site verification of the trader MIVOLIS PRIME LIMITED claiming to be located at the aforementioned address.

The inspector successfully arrived at the Goodview Commercial Center, located at 2-16 Garden Street, Mong Kok. The surrounding area is bustling with a strong commercial atmosphere. No signage or relevant information of the company 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, the 19th floor, the field investigator found no visible signage or security measures for MIVOLIS PRIME LIMITED in the office area. After inquiring with the security guard, the guard stated that there was no such company. Due to the absence of any relevant information about the company, the investigator was unable to enter the premises, take photos of the reception area or its logo, and confirmed that the office was not a shared workspace.

Through the common areas of the floor, the inspector was unable to observe the internal environment of the company and other conditions. The overall situation does not match its claimed positioning.

Therefore, after on-site verification, it is confirmed that the dealer MIVOLIS PRIME LIMITED does not exist at the above address.

Conclusion

The on-site investigator visited the forex broker MIVOLIS PRIME LIMITED in Hong Kong, China as planned. The broker's company name and other information were not found at the publicly displayed business address, indicating that the broker does not have a genuine operational location. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

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