Reason for this visit

The international forex market in Hong Kong has been developing since the 1970s. Due to the removal of forex control in Hong Kong since 1973, there has been a large inflow of international capital, and an increasing number of financial institutions operating forex business have mushroomed. The forex market has become more and more active, developing into an international forex market. Hong Kong forex market is an invisible market without a fixed trading venue. Traders conduct forex transactions through various modern communication facilities and computer networks. Hong Kongs geographical location and time zone conditions are similar to those of Singapore, making it very convenient to trade with other international forex markets. Participants in Hong Kong forex market are mainly commercial banks and financial companies. There are three types of forex brokers in this market: local brokers, whose business is limited to Hong Kong; international brokers who have expanded their business to the Hong Kong forex market since the 1970s; international brokers that grow locally and has expanded their business to forex markets abroad. In an attempt to help investors or practitioners gain a more comprehensive understanding of current status of forex brokers in Hong Kong, WikiFX survey team determines to pay on-site visits to local companies.

On-site visit

In this issue, the survey team went to Hong Kong, China to visit broker Cinda International as planned according to its regulatory address that 45/F, Cosco Tower, No.183 Queens Road Central, Sheung Wan, Hong Kong.

A seasoned and professional inspection team, committed to safeguarding investor interests, conducted a meticulously planned on-site verification of the prominent forex broker Cinda International at Cosco Tower in Sheung Wan, Hong Kong.

The target address is situated in the core financial and commercial district of Sheung Wan, Hong Kong, characterized by high pedestrian traffic and a vibrant business atmosphere. During the site visit, the investigators observed that the area hosts a concentration of financial institutions, retail stores, dining establishments, and residential buildings, with excellent transport links and comprehensive amenities—features typical of financial enterprise locations. COSCO Tower presents as a modern high-rise office building with a well-maintained exterior. Its glass curtain wall design projects a professional business image. They first captured panoramic photos of the building, confirming no visible structural damage or abnormalities. A check of exterior signage revealed no Cinda International logos displayed on the façade.

Upon entering the building, the inspection team passed through the lobby turnstiles without issue. The lobby directory clearly listed “Cinda International Holdings Limited” on the 45th floor, matching the registered name. For thorough verification, the team proceeded to the target floor.

After arriving via elevator, the team identified Cinda International‘s name and logo at the 45th-floor entrance, further validating registration details. However, the office entrance remained locked, preventing interior access. Through the glass door, a tidy workspace was visible, though “No Entry” restrictions prevented assessment of interior layout or workstation capacity. Property management confirmed Cinda International’s long-term lease of the floor with regular employee activity, indirectly corroborating the brokers operational status.

Through the on-site investigation, it is confirmed that the broker maintains a physical presence at the above address.

Conclusion

The survey team went to Hong Kong, China to visit broker Cinda International as scheduled and found the company at its regulatory address. It denotes that the broker has a physical office at the place. Meanwhile, investors are advised to make a well-considered decision following much deliberation.

Disclaimer

The content is for informational purposes only and shall not be taken as a final order for making a choice.