Purpose

The Hong Kong, China foreign exchange market is an international foreign exchange market that has developed since the 1970s. Leveraging its advantageous geographical location, sound financial system, and free and open policy environment, it has become one of the important foreign exchange trading centers in the Asian region. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team conducted field visits in Hong Kong, China.

Process

This time, the on-site inspection team went as planned to Hong Kong, China, to conduct an on-site visit to the forex broker Silvercrest. According to public information, its office address is Room 2302, New World Tower 1, 18 Queen's Road Central, Hong Kong Island.

A professional and experienced on-site inspection team, driven by a sense of mission to strictly vet for investors, proceeded according to a meticulous plan to New World Tower 1, 18 Queen's Road Central, Hong Kong Island, China, to conduct a physical verification of the dealer Silvercrest which claimed to be located at Room 2302, New World Tower 1, 18 Queen's Road Central, Hong Kong Island.

The inspectors successfully arrived at New World Tower 1, located on Queen's Road Central, Hong Kong Island. The surrounding area is bustling with a strong commercial atmosphere. However, no signage or relevant information of the company was found on the exterior of the building.

The inspectors entered the building lobby and stated their purpose to the security personnel. After brief communication, they obtained permission to enter. On the directory board inside the building, there was no information about this company.

Upon reaching the target floor, the 23rd floor, the inspectors found no clear signage or security measures indicating the office area of Silvercrest. Inquiring at the reception desk, the receptionist stated there was no such company. Due to the lack of relevant information about the company, the inspectors could not enter the interior, were unable to photograph the reception area, and the office space in question was not a shared office.

From the public areas on the floor, the inspectors could not observe the company's internal environment or any other details. No information about this dealer was found. Based on a comprehensive assessment, it is judged that the dealer's address is false.

Therefore, after the on-site inspection, it is confirmed that dealer Silvercrest does not exist at the aforementioned address.

Conclusion

The on-site inspection team visited the forex broker's publicly displayed business address in Hong Kong, China as planned, but could not find information such as the broker's company name at the location, 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 sole basis for final selection.