Reason for this visit

The international forex market in Hong Kong has been developing since the 1970s. Due to the removal of forex control in Hong Kong since 1973, there has been a large inflow of international capital, and an increasing number of financial institutions operating forex business have mushroomed. The forex market has become more and more active, developing into an international forex market. Hong Kong forex market is an invisible market without a fixed trading venue. Traders conduct forex transactions through various modern communication facilities and computer networks. Hong Kong’s geographical location and time zone conditions are similar to those of Singapore, making it very convenient to trade with other international forex markets. Participants in Hong Kong forex market are mainly commercial banks and financial companies. There are three types of forex brokers in this market: local brokers, whose business is limited to Hong Kong; international brokers who have expanded their business to the Hong Kong forex market since the 1970s; international brokers that grow locally and has expanded their business to forex markets abroad. In an attempt to help investors or practitioners gain a more comprehensive understanding of current status of forex brokers in Hong Kong, WikiFX survey team plans to pay on-site visits to local companies.

On-site visit

In this issue, the survey team went to Hong Kong, China to visit forex broker GSGOLD as planned according to its regulatory address that 15/F, The Broadway, 54-62 Lockhart Road, Wan Chai, Hong Kong.

The seasoned and professional inspection team, committed to safeguarding investor interests, conducted a meticulously planned on-site investigation of the broker GSGOLD in The Broadway at 54-62 Lockhart Road, Wan Chai.

The Broadway is located in Hong Kong’s bustling commercial district, surrounded by typical urban streetscapes. The area was assessed as ordinary, with no obvious anomalies but also no distinct clustering of financial firms. The building’s exterior appeared relatively new, though its overall scale was modest, giving the investigators an initial impression of potentially limited space.

To ensure a thorough inspection, the survey team proceeded inside the building and easily accessed the ground-floor lobby, where their primary task was to verify the building’s directory—the most direct means of confirming a company’s presence at the address. However, after carefully reviewing all floor indexes and company name listings in the lobby, they found no entries labeled “GSGOLD” or any clearly associated name. Additionally, no displays bearing the company’s name or logo were observed in the public areas.

The team proceeded to the declared floor (15/F) for further verification. Upon arriving via elevator, they conducted a meticulous search of the hallway and common areas. The findings reaffirmed their earlier concerns: no traces of “GSGOLD” were found—whether on office doorplates, floor directories, company signage, or logo displays. They attempted to locate the specific office based on possible positional clues but failed to identify any dedicated workspace belonging to the firm.

Through the on-site investigation, it is confirmed that the broker does not maintain a physical presence at the above address.

Conclusion

The survey team went to Hong Kong, China to visit forex broker GSGOLD as scheduled but did not find the company at its regulatory address. It indicates that the broker does not have a physical office at the place. Accordingly, investors are advised to make a well-considered decision following much deliberation.

Disclaimer

The content is for informational purposes only and shall not be taken as a final order for making a choice.