Purpose

The Hong Kong foreign exchange market developed in the 1970s as an international foreign exchange market. As one of the important international financial centers, the Hong Kong foreign exchange market features active trading, strong liquidity, and a rich variety of trading products. 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 time, the team went to Hong Kong, China as planned to conduct an on-site visit to forex broker AXICOM. According to publicly available information, its office address is YIN KEI LAM, Block K, BEVERLY HILL, 6 BROADWOOD ROAD, HONG KONG, 999077 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 AXICOM claiming to be located at YIN KEI LAM, BLOCK K, BEVERLY HILL, 6 BROADWOOD ROAD, HONG KONG, 999077 HK.

The team successfully arrived at the target area, which is located in the mid-levels of Happy Valley, Hong Kong, a private residential area of Beverly Hills. The surrounding environment is quiet and upscale, not an area with a strong commercial atmosphere. No company signage or related information for AXICOM was found on the exterior of the building.

The team entered the lobby and explained their purpose to the security guard. After communication, permission was granted to enter the lobby. However, upon inquiry, the security guard stated that there are no companies operating here, and the guard did not allow them to go upstairs to check.

Since this address is a private residence, there is no office area on the target floor, and consequently, there are no obvious signage or security measures for AXICOM. The team could not reach the specific floor and confirm the exact location, nor could they enter the interior or photograph the reception desk. This address is not a shared office. From the public area, the company's internal environment could not be observed. The overall situation does not match the claimed positioning of its office address.

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

Conclusion

The team visited the forex broker AXICOM at its publicly displayed business address in Hong Kong, China as planned, but could not 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 final basis for selection.