Purpose

The Hong Kong foreign exchange market in China is an international forex market that developed in the 1970s. As one of the global financial centers, Hong Kong boasts an active forex market, sound regulations, and a large number of participants. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the inspection team conducted on-site visits in Hong Kong, China.

Process

The on-site inspection team visited the forex broker Cprotrade in Hong Kong, China as scheduled. According to public information, its office address is 148 Connaught Road Central, Central & Western District, Hong Kong Island, Hong Kong.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to Hong Kong, China, to conduct an on-site verification of the trader claiming to be located at 148 Connaught Road Central, Central & Western District, Hong Kong Island, Hong Kong Cprotrade.

The inspection personnel successfully arrived at the target building, which is located in the Central and Western District of Hong Kong Island, surrounded by a bustling environment with a strong commercial atmosphere. However, no company logo or relevant information of Cprotrade was found on the exterior of the building.

The field investigator attempted to enter the building lobby and explained their purpose to the security personnel. However, due to the lack of an appointment, they were not granted entry permission.

Therefore, the surveyor was unable to enter the interior, could not reach the target floor, and thus could not observe whether there were any obvious signs in the Cprotrade office area, nor could they take photos of the reception desk and its logo. Additionally, this office is not a shared workspace.

Through the gate, it is impossible to observe the internal environment of the company due to the inability to see inside. The overall situation does not match its claimed positioning.

Therefore, after on-site verification, it was confirmed that the dealer Cprotrade does not exist at the above address.

Conclusion

The on-site investigator visited the forex broker Cprotrade in Hong Kong, China as planned, but could not find any information such as the company name at the publicly displayed business address, indicating that the broker does not have a genuine business premises. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

The above content and opinions are for reference only and should not be considered as the final basis for decision-making.