Purpose

The Hong Kong foreign exchange market is an international forex market that developed after the 1970s. It is one of the important international financial centers, with active foreign exchange trading and a high degree of openness and liquidity. To help investors or practitioners gain a more comprehensive understanding of forex brokers in the region, the survey team went to Hong Kong for an on-site visit.

Process

This time, the on-site inspection team planned to visit the forex broker Veritas International in Hong Kong, China. According to public information, its office address is 8/F, Tien Chu Commercial Building, 173-174 Gloucester Road, Wan Chai, Hong Kong.

A professional and experienced on-site inspection team, with a sense of mission to strictly vet for investors, went to Hong Kong, China according to a meticulous plan. They conducted an on-site verification of the broker Veritas International, which claims to be located at 8/F, Tien Chu Commercial Building, 173-174 Gloucester Road, Wan Chai, Hong Kong.

The on-site inspectors arrived smoothly at Tien Chu Commercial Building, which is located on Gloucester Road, Wan Chai, Hong Kong, with a bustling surrounding environment and a strong business atmosphere. However, no company logo or relevant information of this broker was found outside the building.

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

After arriving at the target floor, the 8th floor, the inspectors found no obvious signage or security measures for the office area of Veritas International. The inspectors could not enter the internal office area, nor could they take photos of the reception desk and its logo. It was confirmed that this is not a shared office.

After arrival, the address was confirmed, but no information about this broker was found. When asked, the security guard said there was no such company. The overall situation did not match its claimed location.

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

Conclusion

The inspection team visited Hong Kong, China as planned to inspect forex broker Veritas International. At its publicly displayed business address, the company name and other information of the broker were not visible, indicating that the broker does not have a real business premises. Please make your choice after comprehensive consideration.

Disclaimer

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