Purpose

The foreign exchange market in Hong Kong, China is an international forex market that developed in the late 1970s. It is one of the most active forex markets in the world, characterized by large trading volumes, a wide variety of trading instruments, and a diverse range of market participants. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the inspection team conducted an on-site visit to Hong Kong, China.

Process

This time, the on-site investigation team plans to visit the foreign exchange broker HKIFS in Hong Kong, China. According to public information, its office address is Room 2305-2306, 23/F, China Resources Building, 26 Harbour Road, Wan Chai, Hong Kong.

A professional and experienced on-site inspection team, bearing the mission of strictly vetting for investors, followed a well-planned schedule and traveled to Hong Kong, China. They conducted a field verification of the broker HKIFS, which claims to be located at Room 2305-2306, 23/F, China Resources Building, 26 Harbour Road, Wan Chai, Hong Kong.

The inspection personnel arrived safely at China Resources Building, located at Harbour Road, Wan Chai, Hong Kong, surrounded by a bustling and strong commercial atmosphere. No company logo or relevant information of HKIFS was found outside the building.

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

As no company nameplate of HKIFS was found inside the building, and there was no logo inside or outside the building, when proceeding to the target floor, no obvious signage for the company's office area was found, and they were unable to reach Room 2305-2306 on the 23rd floor to confirm the specific location. After inquiring with the security guard, they were informed that there is no company called HKIFS. Therefore, they could not access that floor, could not enter the interior, and could not photograph the reception desk or its logo. The office is not a shared office.

Through the surrounding environment, as they could not enter the company, they could not observe the internal office environment. Overall, after arriving, they confirmed that the address was correct, but found no information about the broker. The inspection concluded that the address is false.

Therefore, after the on-site inspection, it was confirmed that broker HKIFS does not exist at the above address.

Conclusion

The survey team went to Hong Kong, China as planned to visit forex dealer HKIFS. However, they were unable to see the company name or other information of the dealer at its publicly displayed business address, indicating that the dealer does not have a real business location. Investors are advised to make their decisions after comprehensive consideration.

Disclaimer

The above content and opinions are for reference only and should not be used as the basis for final decision.