Purpose

The Hong Kong, China foreign exchange market is an international foreign exchange market that developed in the 1970s. As one of the world's important financial centers, the Hong Kong foreign exchange 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 on-site inspection team conducted field visits in Hong Kong, China.

Process

The on-site inspection team visited the forex broker LivaFX in Hong Kong, China as planned. According to public information, its office address is "UNIT 503, 5F, Silvercord Tower 2 Canton Road Tsimshatsui Hong Kong".

A professional and experienced site inspection team, driven by a sense of mission to rigorously vet for investors, proceeded according to a meticulous plan to Hong Kong, China, to conduct a physical verification of the broker LivaFX claiming to be located at "UNIT 503, 5F, Silvercord Tower 2 Canton Road Tsimshatsui Hong Kong."

The inspectors successfully arrived at the target building, located at Canton Road, Tsim Sha Tsui, Hong Kong, with a bustling surrounding environment and a strong commercial atmosphere. However, no signage or related information of the company was found on the exterior of the building.

The inspectors entered the building lobby and stated their purpose to the security personnel. After communication, they obtained permission to enter.

Upon reaching the target floor, the 5th floor, the inspectors found that the directory board displayed information for other companies, and there was no clear signage for LivaFX in the office area. Since no information about the company was found, the inspectors could not enter the interior. Furthermore, they could not photograph LivaFX's reception desk or its logo at the reception. The office was not a shared office.

Through the glass door, the inspectors could not observe the internal environment of the company, making it impossible to judge whether the overall situation matched its claimed positioning.

Therefore, after the site inspection, it was confirmed that the broker LivaFX does not exist at the aforementioned address.

Conclusion

The on-site investigator went to Hong Kong, China as planned to conduct a field visit to the forex broker LivaFX. At its publicly displayed business address, no information such as the broker's company name was visible, indicating that the broker does not have a genuine 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 final basis for selection.