Purpose

The Hong Kong foreign exchange market is an international foreign exchange market that developed after the 1970s. Since Hong Kong lifted foreign exchange controls, a large amount of international capital has flowed in, financial institutions engaged in foreign exchange business have been increasing, and the foreign exchange market has become more active, gradually developing into an international foreign exchange market. In order to help investors or practitioners better understand the foreign exchange dealers in this region, the survey team went to Hong Kong for an on-site visit.

Process

This time, the survey team went to Hong Kong, China as planned to visit the forex broker Mfubo. According to public information, its office address is 7/F SING - HO FINANCE BUILDING 166 - 168 GLOUCESTER RD HONG KONG.

The professional and experienced site inspection team, with a sense of mission to strictly check for investors, followed a meticulous plan and went to Hong Kong, China. They conducted an on-site verification of the broker Mfubo claimed to be located at 7/F SING - HO FINANCE BUILDING 166 - 168 GLOUCESTER RD HONG KONG.

The inspectors arrived smoothly at SING - HO FINANCE BUILDING, which is located in a bustling area of Hong Kong, surrounded by a prosperous environment and a strong commercial atmosphere. However, no company sign or related information for Mfubo was found outside the building.

The inspectors entered the building lobby and informed the security guard of their purpose. After communication, they obtained permission to enter.

After reaching the target floor, the 7th floor, the inspectors found that Mfubo's office area had no obvious signage and no security measures. Since no trace of the company was found, the inspectors were unable to enter the interior, and could not photograph the front desk or the front desk LOGO. Moreover, this office area is not a shared office.

Through the glass door, because the internal situation of the company was not visible, they could not observe the company's internal environment, decoration style, or employee activities. After arriving, they confirmed that it was the correct address, but found no information about the broker. When asked, the security guard said there was no such company. The overall situation did not match its claimed positioning, and it was judged to be false.

Therefore, after inspection, it was confirmed that the broker Mfubo does not exist at the above address.

Conclusion

The survey personnel went to Hong Kong, China as planned to visit the forex broker Mfubo in person. At its publicly displayed business address, they could not see the company name or other information of the broker, indicating that the broker does not have a real business premises. Please make your decision after comprehensive consideration.

Disclaimer

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