Purpose

The Hong Kong foreign exchange market, which developed since the 1970s, is an international forex market. As one of the world's major financial centers, it is characterized by active trading, strong liquidity, and strict regulation. With its advantageous geographical location and well-established financial infrastructure, it attracts numerous international financial institutions and investors. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, an on-site inspection team conducted field visits in Hong Kong, China.

Process

The on-site inspection team visited the forex broker CyroFx in Hong Kong, China as scheduled. According to public information, its office address is Unit 902, 9/F, 131 - 132, Connaught Road West, Sheung Wan, Hong Kong.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and proceeded to No. 131-132 Connaught Road West, Sheung Wan, Hong Kong, China, to conduct an on-site verification of the dealer CyroFx purportedly located in Unit 902 on the 9th floor of the said address.

The inspector successfully arrived at the target building, located at Connaught Road West in Sheung Wan, Hong Kong, surrounded by a bustling environment with a strong commercial atmosphere. However, upon arrival, the site appeared to be under construction, and no company signage or related information for CyroFx was found externally.

Since the site is a construction area, there is no corresponding company building or lobby, and access to the area is not possible.

There is no relevant target floor here either. The on-site inspectors searched the surrounding area but did not find any obvious signage for CyroFx. Since no information related to the company was found in this area, it was impossible to capture corresponding office scenes of the company. This area is also not a shared office space.

Based on the overall environment, this address does not match its claimed positioning.

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

Conclusion

The inspection team visited the forex broker CyroFx at its publicly displayed business address in Hong Kong, China as planned, but found no information such as the company name of the broker, 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 views are for reference only and should not be used as the sole basis for final decision-making.