Purpose

The Hong Kong foreign exchange market is an international foreign exchange market that developed after the 1970s. Since the abolition of foreign exchange controls in Hong Kong in the 1970s, a large amount of international capital has flowed in, and the number of financial institutions engaged in foreign exchange business has continued to increase. The foreign exchange market has become increasingly active and gradually developed into an international foreign exchange market. In order to help investors or practitioners have a more comprehensive understanding of the foreign exchange dealers in Hong Kong, China, the survey team went to Hong Kong, China for an on-site visit.

Process

This time, the onsite verification team went to Hong Kong, China as planned to visit forex broker VitalTrade Global Options. According to public information, its office address is Flat/RM A, 12/F, ZJ 300, 300 Lockhart Road, Wanchai, Hong Kong.

A professional and experienced site visit team, with a sense of mission to strictly scrutinize for investors, followed a meticulous plan and went to Hong Kong, China. They conducted an on-site verification of the broker VitalTrade Global Options, which claims to be located at Flat/RM A, 12/F, ZJ 300, 300 Lockhart Road, Wanchai, Hong Kong.

The site visit personnel successfully arrived at the target building, located at 300 Lockhart Road, Wanchai, Hong Kong. The surrounding environment is relatively bustling with a strong commercial atmosphere. However, no signage or relevant information of the company was found on the exterior of the building.

The site visit personnel entered the building lobby, stated their purpose to the security guard, and successfully obtained entry permission. However, they did not see the company's directory listing inside the building.

Upon reaching the target floor, the 12th floor, the site visit personnel found no clear signage of VitalTrade Global Options's office area, nor any related security measures. They were unable to enter the so-called company interior, could not photograph the reception area or its logo, and the office area was not a shared office.

Upon arrival, they confirmed it was the address, but found no information about the broker. After inquiring with the security guard, they were told that the company did not exist. Based on the actual experience, it can be judged that this is a false office address. Therefore, after the site visit, it was confirmed that the broker VitalTrade Global Options does not exist at the above address.

Conclusion

The field inspection team went to Hong Kong, China as planned to visit forex broker VitalTrade Global Options. At its publicly displayed business address, they did not see the company's name or other information, indicating that the broker does not have a genuine business premises. Investors are advised to make their decisions after comprehensive consideration.

Disclaimer

The above content and views are for reference only and are not the basis for the final selection.