Purpose

The Hong Kong, China foreign exchange market is an international forex market that developed in the 1970s. As one of the international financial centers, the Hong Kong forex market is characterized by 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, China.

Process

The team visited forex brokers in Hong Kong, China as planned. According to public information, their office address is Spaces Axa Southside, 38 Wong Chuk Hang Road, Hong Kong Island, Hong Kong, China.

A professional and experienced team, driven by a sense of mission to strictly vet for investors, proceeded according to a meticulous plan to Hong Kong, China, to conduct an on-site verification of the broker iDeR trading that claims to be located at Spaces Axa Southside, 38 Wong Chuk Hang Road, Hong Kong Island, Hong Kong, China.

The team successfully arrived at the target building, located at 38 Wong Chuk Hang Road, Hong Kong Island. The surrounding area is relatively bustling with a strong commercial atmosphere. However, no company signage or related information was found on the exterior of the building.

The team entered the building lobby and stated their purpose to the security guard. After communication, permission to enter was granted.

However, upon reaching the target address, as the specific floor and unit number were not indicated, the exact location could not be determined. No directory board for this company was found within the building either. Upon inquiry, the security guard stated that there was no such company, and the company's logo could not be found. Since the specific location could not be determined, the team could not reach the specific floor, let alone enter the company's interior. They were also unable to photograph the reception area and its logo. This office location was not a shared workspace.

As it was impossible to get close, the internal office environment could not be observed even through glass doors. The overall situation does not match the positioning claimed by this broker.

Therefore, after the on-site verification, it is confirmed that broker iDeR trading does not exist at the aforementioned address.

Conclusion

The team visited the forex broker iDeR trading at its publicly displayed business address in Hong Kong, China as planned, but was unable to see information such as the broker's company name 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 basis for final selection.