Purpose

The Hong Kong foreign exchange market is an international forex market that developed in the 1970s. It is one of the world's important forex trading centers, characterized by active trading, market openness, and a well-developed financial system. 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.

Process

This period's team went to Hong Kong, China as planned to conduct an on-site visit to the forex broker NCM. According to public information, its office address is "UNIT 310,3/F HOUSTON CENTRE,63 MODY RD TSIM SHA TSUI EAST,KL  HK".

A professional and experienced team, driven by a sense of mission to rigorously vet for investors, proceeded according to a meticulous plan to Hong Kong, China, to conduct an on-site verification of the trader NCM claiming to be located at "UNIT 310,3/F HOUSTON CENTRE,63 MODY RD TSIM SHA TSUI EAST,KL  HK".

The team successfully arrived at HOUSTON CENTRE, located in Tsim Sha Tsui East, with a bustling surrounding environment and a strong commercial atmosphere. However, no company signage or related information for NCM was found on the exterior of the building.

The team entered the lobby of the building and explained their purpose to the security guard. After communication, permission to enter was granted. On the directory board inside the building, there was no information for this company.

Upon reaching the target floor, the 3rd floor, the team found that the office area had no prominent signage for NCM and no security measures. Since no information about the company was found, the team could not enter the interior and was unable to photograph NCM's reception desk and the logo on the reception desk, and the office was not a shared office.

Through the glass door, the team could not observe the internal environment of the company because they could not enter at all. The overall situation did not match its claimed positioning.

Therefore, after the site inspection, it was confirmed that trader NCM does not exist at the aforementioned address.

Conclusion

The team visited the forex broker NCM at its publicly displayed business address in Hong Kong, China as planned, but was unable to see the broker's company name or other information at the location, indicating that the broker does not have a genuine physical 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 sole basis for final selection.