Purpose

The Hong Kong, China foreign exchange market is a regional international foreign exchange market that developed in the 1970s. Relying on the financial policy advantages of a free port, it has gathered a large number of licensed and offshore dealers from home and abroad, and is one of the core hubs for foreign exchange trading in the Asia-Pacific region. To help investors or practitioners gain a more comprehensive understanding of the foreign exchange dealers in this region, the field inspection team traveled to Hong Kong, China for an on-site visit.

Process

The on-site inspection team for this period went to Hong Kong, China as planned to conduct an on-site visit to forex broker ENSO MARKETS. According to public information, its office address is 5/F Lee Garden Three, 1 Sunning Road, Causeway Bay, Hong Kong.

A professional and experienced team, with a sense of mission to strictly safeguard investors' interests and in accordance with careful planning, traveled to Hong Kong, China, and conducted an on-site verification of the broker ENSO MARKETS, which claims to be located at 5/F Lee Garden Three, 1 Sunning Road, Causeway Bay, Hong Kong.

The team successfully arrived at the target building, Lee Garden Three, which is located in the core commercial district of Causeway Bay. The surrounding commercial atmosphere is very strong, with dense business foot traffic along the way, and the streets are clean and orderly.

No company signage or promotional information related to ENSO MARKETS was found on the exterior of the building; only the building signage of Lee Garden Three was visible.

The team entered the ground-floor lobby of the building and explained their purpose to the security guard. After a brief registration and communication, they successfully obtained permission to enter the lobby.

The team asked the security guard whether the company ENSO MARKETS existed, and the security guard directly stated that there was no registration information indicating that the company is a tenant in the building. Later, when trying to go to the corresponding floor, they found that access to the 5th floor required an access card with designated authorization. Without authorization from a tenant company, they could not reach the specific floor, and therefore could not confirm the specific office location claimed by the broker. Throughout the entire process, no office area signage or security measures belonging to ENSO MARKETS were found. They were completely unable to enter the company's interior and could not photograph the reception desk or the reception desk LOGO. The 5th floor corresponding to this address is a shared space, not an exclusive office area rented separately by the broker, and does not fall within the scope of a shared office.

Because they could not reach the interior of the shared space on the 5th floor and had no permission to enter and inspect, the team could not observe the broker's so-called internal office environment. The overall situation is completely inconsistent with the broker's claim that it has an independent business premises at this address.

Therefore, after the on-site inspection, it was confirmed that the broker ENSO MARKETS does not exist at the above address.

Conclusion

As planned, the on-site inspection personnel went to Hong Kong, China to conduct an on-site visit to the forex broker ENSO MARKETS. At the business address publicly displayed by the broker, they were unable to see information such as the company name, indicating that the broker does not have a real 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 basis for final selection.