Purpose

The Hong Kong, China foreign exchange market, which developed in the 1970s, is an international forex market and one of the world's major forex trading hubs. It is characterized by active trading, an open market, and sound regulations. 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 ED&F Man in Hong Kong, China as planned. According to public information, its office address is Room 5613, 56th Floor, The Center, 99 Queen's Road Central, 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 ED&F Man claiming to be located at Room 5613, 56th Floor, The Center, 99 Queen's Road Central, Central, Hong Kong.

The field investigator successfully arrived at The Center in Central, Hong Kong, located in the bustling area of Central with a vibrant surrounding environment and strong commercial atmosphere. However, no company signage or related information of ED&F Man 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 obtained permission to enter. There was no signage for the company inside the building, so they inquired with the front desk staff, who confirmed that the company was not present.

Upon arriving at the target floor, the 56th floor, the surveyor attempted to locate the office but found no clear signage for ED&F Man. Due to the lack of company-related information, the surveyor was unable to enter the premises and thus could not photograph the reception area or its logo. Additionally, 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 the overall situation was consistent with the failure to detect the company's presence.

Therefore, after on-site verification, it is confirmed that the dealer ED&F Man does not exist at the above address.

Conclusion

The on-site investigator visited the forex broker ED&F Man in Hong Kong, China as planned, but failed to find any information such as the broker's company name at its publicly displayed business address, 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 considered as the final basis for selection.