Purpose

The Hong Kong foreign exchange market is an international forex market that developed after World War II. As an international financial center, Hong Kong has a long history and active trading in its foreign exchange market, characterized by a high degree of internationalization and liberalization. To help investors or practitioners gain a more comprehensive understanding of the forex brokers in this region, the on-site inspection team went to Hong Kong for a field visit.

Process

This time, the on-site investigation team went to Hong Kong, China as planned to visit forex broker Leo. According to public information, its office address is Flat F, 31/F, Tower 1, Bailey Garden, 23 Bailey Street, Hunghom, Kowloon, Hong Kong.

A professional and experienced on-site inspection team, with a sense of mission to strictly safeguard investors, followed a meticulous plan and went to Hong Kong, China. They conducted an on-site verification of the broker Leo, which claims to be located at Flat F, 31/F, Tower 1, Bailey Garden, 23 Bailey Street, Hunghom, Kowloon, Hong Kong.

The on-site inspectors arrived smoothly at the target building, located at Bailey Street, Hung Hom, Kowloon. The surrounding environment was relatively normal, with an average commercial atmosphere. No company signage or related information of the broker was found outside the building.

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

Upon reaching the target floor, the 31st floor, the inspectors found no obvious signage for the broker Leo's office area, nor any related security measures. Since there was no sign of the company, they were unable to enter the interior. They could not take photos of the reception desk or its logo, and the office was not a shared office.

Through the corridor on the floor, they were also unable to observe the so-called company's interior environment, decoration style, or employee activities. Overall, they could not confirm whether it matches its claimed positioning. Upon arrival, they confirmed the address, but found no information about the broker. When asked, the security guard informed them that no such company existed, leading to the conclusion that it was false.

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

Conclusion

The field investigator went to Hong Kong, China as planned to visit forex dealer Leo. At its publicly displayed business address, the dealer's company name and other information could not be seen, indicating that the dealer does not have a real business premise. Please make your choice after comprehensive consideration.

Disclaimer

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