Purpose

The Hong Kong foreign exchange market in China developed into an international forex market after the 1970s. With its advantageous geographical location, sound financial system, and liberal trade policies, it has become one of the important forex trading centers in the Asia-Pacific region. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the inspection team conducted on-site visits in Hong Kong, China.

Process

The on-site inspection team visited the forex broker TROYMARKET in Hong Kong, China as scheduled. According to public information, its office address is "Flat R, 12/F, Everest Industrial Centre, 396 Kwun Tong Road, Kwun Tong, Kowloon, 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 TROYMARKET claiming to be located at the aforementioned address.

The inspection personnel successfully arrived at Everest Industrial Centre, located at 396 Kwun Tong Road, Kowloon. No signage or relevant information of the company 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. However, the company's information was not found on the directory inside the building.

Upon arriving at the target floor (12th floor), the field investigator found no office area or clear signage for TROYMARKET. Due to the absence of any information about the dealer, the investigator was unable to enter the premises. They could not photograph the reception area or its logo, and the office was not a shared workspace.

Through the common areas of the floor, it was difficult to observe the internal environment of the company as access to the interior was not possible. Overall, no information about the broker was found upon arrival, leading to the conclusion that it is fraudulent.

Therefore, after on-site verification, it is confirmed that the dealer TROYMARKET does not exist at the above address.

Conclusion

The on-site investigator visited the forex broker TROYMARKET at its publicly displayed business address in Hong Kong, China as planned, but did not find any 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 views are for reference only and should not be used as the sole basis for final decision-making.