Purpose

The Hong Kong, China foreign exchange market has developed into an international forex market since the 1970s. With its advantageous geographical location, robust financial system, and open policy environment, it has become one of the key global hubs for forex trading. To assist investors or practitioners in gaining 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 MTrade Plus in Hong Kong, China as planned. According to public information, its office address is 13/F, Kam Fung Building, 56-58 Bonham Strand East, Sheung Wan, Hong Kong.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and visited Kam Fung Building at 56-58 Bonham Strand East, Sheung Wan, Hong Kong, China, to conduct an on-site verification of the claimed trader MTrade Plus at this address.

The inspection personnel successfully arrived at Kam Fung Building, located on Bonham Strand East in Sheung Wan, Hong Kong. The surrounding streets have a strong commercial atmosphere, bustling with people and lined with shops. However, no company signage or related information for MTrade Plus was found on the exterior of the building.

The inspector entered the building lobby and, after explaining their purpose to the security personnel, successfully obtained permission to enter. Once inside the building, they could not locate the company's nameplate in the interior.

Upon arriving at the target floor, the 13th floor, the field investigator found no signage indicating the office area of MTrade Plus, nor any corresponding security measures. Due to the absence of any relevant information about the trader throughout the process, the investigator was unable to enter the so-called company premises, take photos of the reception area or its logo, and confirmed that the floor was not a shared office space.

Through the common areas of the floor, the inspectors did not observe any internal company environment information related to MTrade Plus, and the overall situation did not match its claimed positioning.

Therefore, after on-site verification, it is confirmed that the broker MTrade Plus does not exist at the above address.

Conclusion

The on-site investigator visited the forex broker MTrade Plus in Hong Kong, China as planned. The broker's company name and other information were not found at the 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.