Purpose

The Hong Kong, China foreign exchange market is an international foreign exchange market that developed in the 1970s. It is one of the world's important foreign exchange trading centers, characterized by flexible trading hours, a wide variety of trading products, and a large number of market participants. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the team conducted on-site visits in Hong Kong, China.

Process

As scheduled, the team traveled to Hong Kong, China, for an on-site visit to the forex broker Volo Capital. Public information shows its office address is Room 1120 11/F, Peninsula Centre, 67 Mody Road, Tsim Sha Tsui, Kowloon.

A professional and experienced team, driven by a sense of mission to rigorously vet for investors, followed a meticulous plan and traveled to Hong Kong, China, to conduct an on-site verification of the broker Volo Capital which claimed to be located at Room 1120 11/F, Peninsula Centre, 67 Mody Road, Tsim Sha Tsui, Kowloon.

The team successfully arrived at the Peninsula Centre, located at 67 Mody Road, Tsim Sha Tsui, Kowloon. The surrounding area is bustling with a strong commercial atmosphere. However, no signage or relevant information for the company was found on the exterior of the building.

The team entered the building lobby and stated their purpose to the security personnel. After communication, they obtained permission to enter. The directory board inside the building displayed information for other companies at this address.

Upon reaching the target floor, the 11th floor, the team found that the office area had no clear signage for Volo Capital and no security measures. Due to the absence of any information about the company, the team was unable to enter the interior. Furthermore, they could not photograph Volo Capital's reception desk or its logo. The office was not a shared workspace.

From the public area on the floor, and as they could not enter, the team was unable to observe the company's internal environment and other conditions. No information about this broker was found. Upon inquiry, security personnel stated that no such company existed, leading to the judgment that it was false.

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

Conclusion

The team visited the forex broker Volo Capital at its publicly displayed business address in Hong Kong, China as planned, but was unable to see the broker's company name or other information at the location, indicating that the broker does not have a genuine physical 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.