Purpose

The Hong Kong, China foreign exchange market is an international foreign exchange market that developed in the 1970s. It is one of the world's important foreign exchange trading centers, characterized by flexible trading hours and a rich variety of trading products. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team went to Hong Kong, China for a field visit.

Process

In this issue, the on-site inspection team went as planned to Hong Kong, China, to conduct an on-site visit to the forex broker LondonOF Group. According to public information, its office address is RM12, 19/F, Ho King Comm Ctr, 2 - 16 Fayuen St, Mongkok, Kowloon, Hong Kong.

A professional and experienced on-site verification team, driven by a sense of mission to strictly safeguard investors, followed a meticulous plan and traveled to Hong Kong, China, to conduct a physical verification of the broker LondonOF Group which claims to be located at RM12, 19/F, Ho King Comm Ctr, 2 - 16 Fayuen St, Mongkok, Kowloon, Hong Kong.

The verification personnel successfully arrived at the target building, located at Ho King Commercial Centre, 2 - 16 Fayuen Street, Mong Kok, Kowloon. 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 verification personnel entered the building lobby and stated their purpose to the security guard. After brief communication, they obtained permission to enter.

Upon reaching the target floor, the 19th floor, the verification personnel found no clear signage indicating the office area of LondonOF Group, nor any security measures. As no information related to the company was found, the personnel were unable to enter the premises. Furthermore, they could not photograph the reception area; the office was not a shared workspace.

From the public areas on the floor, the verification personnel could not observe the internal environment of the company. No information regarding this broker was found, leading to the judgment that it is false.

Therefore, after the on-site verification, it was confirmed that the broker LondonOF Group does not exist at the aforementioned address.

Conclusion

The on-site investigator visited the forex broker LondonOF Group at its publicly displayed business address in Hong Kong, China as planned, but was unable to see any 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 choice after comprehensive consideration.

Disclaimer

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