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, numerous participants, and a wide variety 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 Upbest in Hong Kong, China as scheduled. According to public information, its office address is 2/F, Wah Kit Commercial Centre, 300 Des Voeux Road 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 traveled to Hong Kong, China, to conduct an on-site verification of the trader claiming to be located at 2/F, Wah Kit Commercial Centre, 300 Des Voeux Road Central, Hong Kong Upbest.

The inspector successfully arrived at Wah Kit Commercial Centre, located at 300 Des Voeux Road Central, Central, Hong Kong. The surrounding environment is average, with a mediocre commercial atmosphere. No company signage or related information was found on the exterior of the building.

The surveyor entered the building lobby and stated their purpose to the security guard. After a brief registration, they obtained entry permission. Once inside the building, the company's information could be seen on the directory board.

Upon arriving at the target floor (2nd floor), the field investigator found that the office area of Upbest had clear signage and no particularly strict security measures. The investigator successfully photographed the reception desk and its logo, confirming that this office is not a shared workspace.

Through the front desk area, the inspector observed that the company's internal office environment was average, with 2 rooms and 10 workstations. The overall environment aligns with its claimed positioning. However, they only handle account opening for referrals from friends and are not open to the public, which feels somewhat mysterious.

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

Conclusion

The inspection team visited the forex broker Upbest at its publicly displayed business address in Hong Kong, China as planned. The broker's company name and other information were visible at the address, indicating the existence of 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 considered as the final basis for decision-making.