Purpose

The Hong Kong, China foreign exchange market is an international forex market that developed in the 1970s. It is one of the world's important forex trading centers, possessing a mature financial system and an active trading environment. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the team conducted on-site visits in Hong Kong, China.

Process

This period, the team went to Hong Kong, China as planned to conduct on-site visits to forex brokersTungTai. According to public information, their office address is "506 Two exchange Square 8 Connaught Place Hong Kong".

A professional and experienced team, driven by a sense of mission to rigorously vet for investors, traveled to Hong Kong, China according to a well-planned schedule, to conduct an on-site verification of the broker TungTai that claimed to be located at '506 Two Exchange Square 8 Connaught Place Hong Kong'.

The team successfully arrived at the target building, which is located in the core commercial area of Hong Kong, with a bustling surrounding environment and a strong commercial atmosphere. However, no company signage or related information for TungTai was found on the exterior of the building.

The team entered the building lobby and stated their purpose to the security personnel. After communication, permission to enter the building was obtained.

Although able to enter the building lobby, access to the upper floors required a swipe card, and upon inquiry, the security personnel informed the team that there was no company named TungTai in the building. The team was unable to reach the target floor and thus could not confirm the company's specific location. No directory listing for this company was found within the building, let alone any so-called company logo. As the target floor was inaccessible, naturally, the team could not enter the company's interior or photograph the reception area, and the office space in question was not a shared office.

Based on the overall circumstances, it is judged to be false and does not match its claimed positioning.

Therefore, after the on-site inspection, it is confirmed that the broker TungTai does not exist at the aforementioned address.

Conclusion

The team visited the forex broker TungTai in Hong Kong, China according to the plan, but could not see the broker's company name or other information at its publicly displayed business address, indicating that the broker does not have a genuine business premises. Investors should 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.