Purpose

The Hong Kong, China foreign exchange market is an international forex market that developed in the 1970s. As one of the global financial centers, its 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 Bit Capital in Hong Kong, China as planned. According to public information, its office address is 55 Des Voeux Road 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 claiming to be located at 55 Des Voeux Road Central Hong KongBit Capital.

The inspection personnel successfully arrived at the target building, located at 55 Des Voeux Road Central, Central, Hong Kong. The surrounding area is bustling with a strong commercial atmosphere. However, no signage or relevant information of the trading firm was found on the exterior of the building.

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

In the lobby, the on-site inspector looked around but did not find any signage for the trader in the building, nor did they see any logos related to the trader. Due to security restrictions, the inspector was not allowed to go upstairs to check the specific floors, making it impossible to reach the exact floor and confirm the precise location or enter the company's premises. Additionally, there was no opportunity to photograph the reception area or its logo, and the office was not a shared workspace.

Through the lobby, due to strict security measures, access to the interior was not permitted, and the on-site inspector was unable to observe the company's internal office environment. Overall, no information about this broker was found upon arrival, leading to the conclusion that it is fraudulent.

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

Conclusion

The on-site investigator visited the forex broker Bit Capital 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 operational 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 decision-making.