Purpose

The Hong Kong foreign exchange market is an international forex market that developed in the 1970s. As one of the global financial centers, the Hong Kong forex market is characterized by active trading, strong liquidity, and a diverse range of trading products. 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 HK Broad Capital in Hong Kong, China as planned. According to public information, its office address is Unit 3551, Level 35, Infinitus Plaza, 199 Des Voeux Road Central, Sheung Wan, Hong Kong, Hong Kong.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and proceeded to the Infinitus Plaza at 199 Des Voeux Road Central, Sheung Wan, Hong Kong, China. Their objective was to conduct an on-site verification of the broker HK Broad Capital, which claimed to be located in Room 3551 on the 35th floor of the said address.

The inspection personnel successfully arrived at Infinitus Plaza, located on Des Voeux Road Central in Sheung Wan, Hong Kong. The surrounding area is bustling with a strong commercial atmosphere. No signage or relevant information of the company was found on the exterior of the building.

The surveyor entered the building lobby and stated their purpose to the security personnel. After communication, they obtained permission to enter.

Upon arriving at the target floor (35th floor), the field investigator found that there were no clear signs or security measures indicating the presence of HK Broad Capital's office area. Due to the lack of relevant information, the investigator was unable to enter the premises, take photos of the reception area or its logo, and confirmed that the office was not a shared workspace.

Through the floor passage, the on-site inspector was unable to observe the internal environment of the company, and the overall situation could not be determined to be consistent with its claimed positioning. No trader information was found, leading to the conclusion that it is fraudulent.

Therefore, after on-site verification, it was confirmed that the broker HK Broad Capital does not exist at the above address.

Conclusion

The on-site investigator visited the forex broker HK Broad Capital 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 opinions are for reference only and should not be used as the sole basis for final decisions.