Purpose

The Hong Kong, China foreign exchange market is an international financial center that rapidly developed after World War II. With its advantageous geographical location, robust financial regulatory system, and highly open economic environment, it has become one of the key hubs for global foreign exchange 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 IKON GROUP in Hong Kong, China as scheduled. According to public information, its office address is Suite C, Level 7, World Trust Tower, 50 Stanley Street, Central, Hong Kong.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and visited World Trust Tower at 50 Stanley Street, Central, Hong Kong, China, to conduct an on-site verification of the dealer IKON GROUP, which claimed to be located in Room C on the 7th floor of the said address.

The inspection personnel successfully arrived at the World Trust Tower, located in the heart of Central, Hong Kong, surrounded by a bustling environment and a strong commercial atmosphere. However, no company logo or relevant information of IKON GROUP was found on the exterior of the building.

The surveyor entered the building lobby and informed the security guard of their purpose. After registration, they obtained permission to enter the building. Inside the building, no signage for the company was found.

Upon arriving at the target floor (7th floor), the field investigator found no visible signage for IKON GROUP in the office area, nor any security measures. Due to reasons such as lack of prior appointment, the investigator was unable to enter the company's interior. Additionally, they could not photograph the reception desk or its logo, and the office was not a shared workspace.

Through the glass door, the internal environment of the company could not be observed due to the inability to enter, casting doubt on its authenticity.

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

Conclusion

The inspection team visited the forex broker IKON GROUP 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 views are for reference only and should not be used as the final basis for selection.