Purpose

The Hong Kong, China foreign exchange market is an international foreign exchange market that developed after the 1970s. As one of the international financial centers, Hong Kong has an active foreign exchange market with a high degree of openness and internationalization. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team conducted field visits in Hong Kong, China.

Process

The on-site inspection team visited the forex broker R24 CAPITAL in Hong Kong, China as planned. According to public information, its office address is Flat A222, 3/F, Phase 2, Hang Fung Industrial Building, 2G Hok Yuen Street, Hung Hom, Kowloon, Hong Kong.

A professional and experienced on-site inspection team, driven by a sense of mission to strictly vet for investors, proceeded according to a meticulous plan to the target area in Hong Kong, China. They conducted a physical verification of the broker R24 CAPITAL, which claims to be located at Flat A222, 3/F, Phase 2, Hang Fung Industrial Building, 2G Hok Yuen Street, Hung Hom, Kowloon, Hong Kong.

The inspection personnel successfully arrived at the target building, which is located at 2G Hok Yuen Street, Hung Fung Industrial Building, Hung Hom, Kowloon. The surrounding environment is relatively ordinary, with a general commercial atmosphere. No signage or related information of the company was found on the exterior of the building.

The inspection personnel entered the building lobby and stated their purpose to the security guard. After brief communication, they obtained permission to enter. There was no information about this company on the directory board inside the building.

Upon reaching the 3rd floor, the inspection personnel found no clear signage about R24 CAPITAL in the office area. As no relevant information was found, the inspection personnel could not enter the interior, could not take photos of R24 CAPITAL's reception area or logo, and the area was not a shared office space.

Through the floor corridors, the inspection personnel were also unable to observe the company's internal environment or any other situations related to this broker. No information about this broker was found. Upon inquiring with the security guard downstairs, they were informed that there is no such company, leading to the judgment that it is false.

Therefore, after the on-site inspection, it was confirmed that the broker R24 CAPITAL does not exist at the aforementioned address.

Conclusion

The on-site inspection team visited the forex broker R24 CAPITAL at its public business address in Hong Kong, China as planned, but could not find any information such as the broker's company name at that location, 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 choice.